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kramer
3 years ago
5

When used in a speech introduction, telling a story, asking a question, making a startling statement, and arousing curiosity are

all methods of
previewing the body of the speech.
enhancing the speaker's credibility.
establishing goodwill with the audience.
revealing the topic of the speech.
gaining the attention of the audience.
Business
1 answer:
mixer [17]3 years ago
5 0

Answer:

gaining the attention of the audience.

Explanation:

The introduction of the speech gives an overview of the content of the whole speech. The most important function of the introduction is to gain the attention of the audience. Also, it helps in developing an interest in their mind. The main purpose of giving the speech is also stated in the introductory part of the speech. It also helps in developing a smooth and sound relationship between the speaker and the audience.

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Wells Technical Institute (WTI), a school owned by Tristana Wells, provides training to individuals who pay tuition directly to
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Answer:

1. An analysis of WTI's insurance policies shows that $2,542 of coverage has expired.

Dr Insurance expense 2,542

    Cr Prepaid insurance 2,542

2. An inventory count shows that teaching supplies costing $2,204 are available at year-end.

Dr Teaching supplies expense 8,158

   Cr Teaching supplies 8,158

3. Annual depreciation on the equipment is $10,170.

Dr Depreciation expense 10,170

   Cr Accumulated depreciation: equipment 10,170

4. Annual depreciation on the professional library is $5,085.

Dr Depreciation expense 5,085

    Cr Accumulated depreciation: professional library 5,085

5. On September 1, WTI agreed to do five courses for a client for $2,400 each. Two courses will start immediately and finish before the end of the year. Three courses will not begin until next year. The client paid $12,000 cash in advance for all five courses on September 1, and WTI credited Unearned Training Fees.

Dr Unearned training fees 4,800

    Cr Training fees earned 4,800

6. On October 15, WTI agreed to teach a four-month class (beginning immediately) for an executive with payment due at the end of the class. At December 31, $6,498 of the tuition has been earned by WTI.

Dr Accounts receivable 6,498

   Cr Tuition fees earned 6,498

7. WTI's two employees are paid weekly. As of the end of the year, two days' salaries have accrued at the rate of $100 per day for each employee.

Dr Salaries expense 400

   Cr Salaries payable 400

8. The balance in the Prepaid Rent account represents rent for December.

Dr Rent expense 2,073

   Cr Prepaid rent 2,073

Wells Technical Institute (WTI)

Adjusted Trial Balance

                                                  Debit                  Credit

Cash                                      $26,944

Accounts receivable               $6,498

Prepaid rent                               $0

Teaching supplies                  $2,204

Prepaid insurance                 $13,003

Professional library                $31,088

Accumulated depreciation:                                 $14,413

Professional library

Equipment                              $72,533

Accumulated depreciation:                                $26,752

Equipment

Accounts payable                                                $37,202

Salaries payable                                                       $400

Unearned training fees                                         $6,700

Common stock                                                      $11,000

Retained earnings                                               $54,908

Dividends                                 $41,452

Tuition fees earned                                             $112,199

Training fees earned                                            $44,179

Depreciation expense:             $5,085

Professional library

Depreciation expense:             $10,170

Equipment

Salaries expense                      $50,143

Insurance expense                    $2,542

Rent expense                           $24,876

Teaching supplies expense       $8,158

Advertising expense                  $7,254

Utilities expense                    <u>     $5,803 </u>           <u>                  </u>  

Totals                                       $307,753             $307,753

a) Wells Technical Institute (WTI)

Income Statement

For the year ended December 31, 2018

Revenue:

  • Tuition fees earned $112,199
  • Training fees earned $44,179                    $156,378

Operating expenses:

  • Depreciation expense $15,255
  • Salaries expense $50,143
  • Insurance expense $2,542
  • Rent expense $24,876
  • Teaching supplies expense $8,158
  • Advertising expense $7,254
  • Utilities expense $5,803                             <u>($114,031)</u>

Operating income                                                 $42,347

b)Wells Technical Institute (WTI)

Balance  Sheet

For the year ended December 31, 2018

Assets:                                                

Cash $26,944

Accounts receivable $6,498

Teaching supplies $2,204

Prepaid insurance $13,003

Professional library, net $16,675

Equipment, net $45,781    

Total assets                                                         $111,105

Liabilities:

Accounts payable $37,202

Salaries payable $400

Unearned training fees $6,700

Total liabilities                                                      $44,302

Stockholders' Equity:

Common stock $11,000

Retained earnings $55,803

Total stockholders' Equity                                  <u>$66,803</u>

Total liabilities and equity                                    $111,105

c)Wells Technical Institute (WTI)

Statement of Retained Earnings

For the year ended December 31, 2018

Beginning balance January 1, 2018             $54,908

Net income                                                    <u>$42,347</u>

Subtotal                                                         $97,255

Dividends                                                     <u> ($41,452 )</u>

Ending balance December 31, 2018           $66,803

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