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11111nata11111 [884]
3 years ago
12

Which of the following is an example of selling? A college student asking a professor to let him enroll in a course section alre

ady closed. A potential employee making a presentation at a job interview. A salesperson talking about the advantages of the washing machines at his store. All of the above.
Business
1 answer:
Paul [167]3 years ago
5 0

Answer:

A salesperson talking about the advantages of the washing machines at his store.

Explanation:

There is a certain criteria of calling a transaction as selling. There must be some offerings for exchange of some money, or any other article.

When a sales person in the store of washing machines, then it is obvious that all the machines in the store are kept as an offer to buy, further when the salesperson provides the description and that the salesperson targets to attract more customers. Therefore, there is an offering of the product.

Accordingly it will be termed as sales.

In any other case there is no article served for sale.

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Presented below is the adjusted trial balance of Splish Brothers, Inc. at December 31, 2017. Debit Credit Cash $ ? Supplies 1,33
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Answer:

Cash $   5710

Total   debit side  $  199200 Credit side  $ 199200

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We list the correct accounts at the right side. First we add up the credit side to find the total and then subtract the debit side from it to get the cash amount as the debit and credit side of the trial balance must be equal.

<u><em>Splish Brothers, Inc.</em></u>

<u><em>Adjusted trial balance </em></u>

<u><em>December 31, 2017.</em></u>

                                                              Debit                   Credit

Cash $                                                    5710

Supplies                                               1,330

Accounts Receivable                         3,580

Prepaid Insurance                             2,620

Equipment                                          80,160

Accumulated Depreciation—Equipment                        $20,100

Trademarks                                         3,760

Accounts Payable                                                             3,220

Salaries and Wages Payable                                               920

Unearned Service Revenue                                               1,060

Bonds Payable (due 2024)                                                31,880

Common Stock                                                                    2,120

Additional paid-in capital                                                    15,160

Retained Earnings                                                              14,720

Service Revenue                                                                30,040

Salaries and Wages Expense          14,080

Insurance Expense                           2,400

Rent Expense                                    3,260

<u> Interest Expense                              2,320                                              </u>

<u>Total                                         $  199200                             $ 199200</u>

<u></u>

7 0
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