12. After posting the journal entries to the ledger, the balance of the Cash account is <span>Credit $1,042.92.
13. </span>After posting the journal entries to the ledger, the balance of the Equipment—Store account is <span>Debit $4,500
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14.</span>On May 3, the balance of the Equipment—Office account is <span>Debit $690
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15. T</span>he balance of the Accounts Payable—Bellhaven Bank account is <span>Debit $1,000</span>
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16. </span>After posting the journal entries to the ledger, the balance of the Supplies account is Debit $542.92
17. After posting the journal entries to the ledger, the balance of the Accounts Payable—Craft Bank account is <span>Credit $3,500
18. </span><span>After posting the journal entries to the ledger, the opening balance of the P. Woodsley—Capital account was unchanged.
19. The entry </span>you make in the Post Ref. column of the ledger to show that you posted the transactions from the journal is <span>J1
20. </span> Asset accounts are increased by entries to the debit side of the account.
Pretty sure I got all of them! Hope this helps!!
In order to avoid losing personal assets, Brad and Jeevan should organize their firm as a <u>Corporation</u>.
<h3>Why would a corporation be best?</h3>
A corporation is considered a separate entity from its owners for tax and legal purposes.
This means that if Brad and Jeevan were to make their firm a corporation, they would not have to worry about their personal assets being seized in the case that the firm suffers losses.
In conclusion, they should create a corporation.
Find out more on corporations at brainly.com/question/1624317.
A company's value-creating activities can offer a competitive advantage by contributing to greater efficiency and lower costs and provide a basis for differentiation.
<h3>What is differentiation?</h3>
This is a process whereby organizations ensure that their product are recognized in the market space. The aim is to distinguish a company's product from competitors.
Hence, a company's value-creating activities can offer a competitive advantage by contributing to greater efficiency and lower costs and provide a basis for differentiation.
Learn more about differentiation here: brainly.com/question/26683215
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Answer:
An intangible asset's annual amortization expense reduces its value on the balance sheet, which reduces the amount of total assets in the assets section of the balance sheet. This occurs until the end of the intangible asset's useful life.
Explanation:
Answer:
A
Explanation:
Harriet isnt their official child nor their relative.