From the Following Alphabetical List of Account Balances,all of Which

question 49

Essay

From the following alphabetical list of account balances,all of which are normal,for Aloha Corporation on September 30,2010,prepare a trial balance in proper form (the amount of Dividends must be computed).
$\begin{array}{lr}\text { Accounts Payable } & \$ 780 \\\text { Accounts Receivable } & 460 \\\text { Cash } & 400 \\\text { Common Stock } & 800 \\\text { Dividends } & ?\\\text { Equipment } & 1,380 \\\text { Prepaid Advertising } & 20 \\\text { Retained Earnings } & 400 \\\text { Revenue Earned } & 1,000 \\\text { Wages Expense } & 60 \\\text { Wages Payable } & 20\end{array}$

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Definitions:

Testing

The process of evaluating a system or its component(s) with the intent to find whether it satisfies the specified requirements or not.

Null Hypothesis

A statistical hypothesis that suggests there is no significant difference between specified populations, any observed difference being due to sampling or experimental error.

Ratio

A quantitative relationship between two numbers showing the number of times one value contains or is contained within the other.

F-test Statistic

A value used in statistics to compare two variances and determine if they are significantly different, often used in the analysis of variance (ANOVA) tests.