The correct answer would be d. all of the above
        
             
        
        
        
Your answer is true! The root of the word "retention" is retain, so basically customer retention means retaining customers, which also means having them return. Hope I helped!
        
             
        
        
        
The government is an consumer because they trade with other countries to get goods that their country need and they are also a producer because they produce strategies for their government to make our communities around the world more better and advanced.
        
             
        
        
        
Answer:
1. Prepaid insurance (Dr.) $6,300
   Cash (Cr.) $6,300
2. Cash (Dr.) $15,300
    Unearned Income (Cr.) $15,300
3. Purchases (Dr.) $1,750
    Accounts payable (Cr.) $1,750
    Cost of Goods Sold (Dr.) $1,620
    Ending Inventory (Dr.) $130
    Purchases (Cr.) $1,750
4. Prepaid office rent (Dr.) $6,300
    Cash (Cr.) $6,300
Explanation:
The adjusting entry is a journal entry recorded at end of accounting period to adjust events or transactions to comply with the accrual concept.
The closing entries are journal entries required to close a transaction or event in the period. The purpose is to follow matching concept of accounting.
 
        
             
        
        
        
Answer:
16.64 days 
Explanation:
Given the above information, we will calculate the average days to sell inventories with the formula below;
Average days to sell inventories = [Ending inventory / Cost of goods sold] × 100
Ending inventory = $72,000
Cost of goods sold = $432,800
Then, Average days to sell inventories 
= [$72,000 / $432,800] × 100
= 16.64 days
Therefore, the average days to sell inventory for Fry are 16.64 days