Answer:
Explanation:
The preparation of the post-closing trial balance is presented below:
                                         Hilltoppers Corporation
                                      Post-closing trial balance
Particulars                                      Debit                        Credit  
Service revenue                                                               $14,600  
Cash                                               $3,600
Accounts Payable                                                           $1,600
Utilities expense                            $2,600
Salaries expense                           $9,600
Equipment                                      $15,600
Common stock                                                                 $12,000
Retained earnings                                                            $4,400
Dividend                                         $1,200                                     
Total                                               $32,600                     $32,600
 
        
             
        
        
        
Well people apply for loans when they need money for a certain goal. Like in the movie fantastic beasts and where to find them in the first part they are at a bank. The guy in their tries to get a loan so he can start a company as an entrepreneur. He wants to be able to own his own bakery so he could make cookies cakes and several other designs. Another reason people get loans is when their business is failing. Like the macys owner in the Florida Oviedo town mall took a few loans to help start up the company and pay to own the store their.  But it recently closed. Those are two examples of when people took a loan to either start or continue a buisness when money was short.
        
             
        
        
        
Answer: Please refer to Explanation. 
Explanation:
Your question was incomplete so I attached the missing details. 
The Carrying Amount of the Division has to be ascertained to move forward as it is needed in calculating the loss on Impairment. It is calculated by subtracting Goodwill from the Net Assets. 
= 496 - 214
= $282 million
Calculating the Loss on impairment is done by the following formula,
= Market Price - Carrying Amount of the Division (net of Goodwill) - carrying value of Goodwill
= 335 - 282 - 214
= -$161 million. 
Journal Entry 
DR Loss on Impairment $161 million 
CR Goodwill $161 million
(To record the loss on Impairment)
 
        
             
        
        
        
Because casual is an objective term and what constitutes "casual" attire may drastically differ by company