Category: Uncategorized

Use the following information for questions 35 through 37. The following trial balance of Reese Corp. at December 31, 2020 has been properly adjusted. Reese Corp.Trial BalanceDecember 31, 2020 Dr.  Cr.  Cash $     875,000 Accounts receivable (net) 2,695,000 Inventory 2,085,000 Property, plant, and equipment (net) 8,269,000 Accounts payable and accrued liabilities $  1,761,000 Income taxes payable  654,000 Deferred income tax liability  85,000 Common stock  2,350,000 Additional paid-in capital  3,680,000 Retained earnings, 1/1/20 3,490,000 Net sales and other revenues  13,560,000 Costs and expenses 11,180,000 Income tax expense 476,000 $25,580,000 $25,580,000 Other financial data for the year ended December 31, 2020: Included in accounts receivable is $1,200,000 due from a customer and payable in quarterly installments of $150,000. The last payment is due December 29, 2022. During the year, estimated tax payments of $525,000 were charged to income tax expense. The current and future tax rate on all types of income is 30%. In Reese’s December 31, 2020 balance sheet:

If plant assets of a manufacturing company are sold at a gain of $1,800,000 with related taxes of $540,000, and the gain is not considered unusual or infrequent, the income statement for the period would disclose these effects as:

Big-Mouth Frog Corporation had revenues of $330,000, expenses of $200,000, and dividends of $45,000. When Income Summary is closed to Retained Earnings, the amount of the debit or credit to Retained Earnings is a:

In an INTERSECT overlay, one input layer can be a polygon layer and other can be a point layer.

A SQL equation  “STATE_NAME”  >=’W’ will select how many States in the United States?

Give an example for a continuous features in GIS.

In a polygon shapefile, each row in the attribute table can be linked to more than one polygon.

In a Geographic Coordinate System, unit of measurement is Degree, minutes and seconds or decimal Degrees.

If the data field type is “Text” in an attribute table, you can enter names of the counties in that field.

Examples of points, lines and areas in the vector model for GIS data are: (listed in same order)