Answer:
1 Required: 1-a. Prepare an adjusted trial balance at September 30, 2018.
Explanation:
Starbooks
Adjusted trial balance
d Cash $ 295
d Account receivable $ 295
d Supplies $ 495
d Equipment $ 3.195
c Accumulate depreciation $ 895
d Prepaid Rent $ 95
c Account Payable $ 595
c Notes Payable (short-term) $ 495
c Deferred Revenue $ 195
c Notes Payable (long-term) $ 195
c Common Stock $ 195
c Retained Earnings $ 1.495
c Service Revenue $ 6.185
c Interest Revenue $ 95
d Salaries Expense $ 2.195
d Depreciation Expense $ 295
d Income Tax Expense $ 295
d Rent Expense $ 395
d Supplies Expense $ 195
d Travel Expense $ 2.595
Total $ 10.345 $ 10.345
P&G (Proctor and Gamble)<span> is an American multi-national consumer goods corporation. The strategy to sell their products outside the Wimbledon is example of ambush marketing. In this type of marketing the idea is </span><span>to connect their product with a particular event in the minds of potential customers, without having to be sponsor of the event (to pay sponsorship expenses). </span>
Answer:
1. Purchasing a new home entertainment system would be considered by most consumers as a decision with high buyer involvement. When someone is concerned with the outcome of the process, they will spend more time learning about product options and become more emotionally connected to the process and the decision. For example, they might seek out product reviews in Consumer Reports and online sources to discover information that will assist in the choice decision. A high level of involvement usually means the entire process takes longer.
2. Buying gas for your car would be considered by most consumers as a decision with low buyer involvement. Decisions are often made almost automatically, often out of habit, with little involvement in the purchase decision.
Explanation:
A <u>general partnership</u> is legally defined as an association of two or more people who are co-owners and co-managers of the business and who share in the profits of their ongoing business.
What is profit and loss?
A financial statement that outlines the sales, expenditures, and expenses incurred during a specific time period—typically a quarter or fiscal year—is referred to as a profit and loss (P&L) statement. These documents reveal if a business can produce profit by raising sales, cutting expenses, or doing both. Frequently, these statements are given on an accrual or cash basis.
The income, cost, and expense totals for a given period are compiled in the profit and loss statement, a financial statement.
Along with the balance sheet and the cash flow statement, every publicly traded firm also releases a P&L statement quarterly and annually.
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Answer:
$9,000
Explanation:
Uncollectible accounts Written off $22,000
Uncollectible accounts recovered $(8,000)
Allowance for bad debts-decrease $(5,000)
$40,000-*$35000
Bad Debt Expense $9,000
*(270,000-235,000)