Answer:
Unadjusted Trial Balance of Smart Touch Learning is presented below in explanation section with a total of $66,000 in Debit and Credit Side.
Solution in Excel is also attached for your reference
Explanation:
Smart Touch Learning
Un-adjusted Trial Balance for the year ended 31 December, 2016
Account Debit Credit
<u>Assets</u>
Furniture (Debit) $12,400
Accounts Receivable (Debit) $600
Cash (Debit) $43,410
Prepaid Insurance (Debit) $1,900
<u>Liabilities</u>
Unearned Revenue (Credit) $3,700
<u>Common Stock</u>
Common Stock (Credit) $39,100
<u>Dividends</u>
Dividends (Debit) $3,600
<u>Revenues</u>
Service Revenue (Credit) $23,200
<u>Expenses</u>
Office Supplies (Debit) $510
Rent Expense (Debit) $1,200
Salaries Expense (Debit) $2,000
Utilities Expense (Debit) $380
Total $66,000 $66,000
Answer:
a. measure the amount of debt the firm uses.
Explanation:
In simple words, the debt management stated the management of the debt that reflects the agreement with the unsecured creditors stating the time period. It usually happens with a motive for an extended period of time, so that he or she can have more time to repay their debt.
After extending the time period, the payment is made on the installment on a regular basis to the company that manage the debt.
Margo insists that her dreams frequently enable her to perceive and predict future events. margo is claiming to possess the power of precognition.
The alleged psychic phenomenon known as precognition involves seeing or otherwise becoming immediately aware of future events. Precognition is usually regarded as pseudoscience because there is no acknowledged scientific proof that it has any validity.
Precognitive dreams are frequently explained by coincidence or the law of large numbers. There will occasionally be matches between dream visions and specific future events or imagery given sufficiently many possibilities. Precognition is the supernormal ability to know what will happen in the future, with the focus being on foretelling events rather than mentally influencing them to happen.
To know more about Precognition refer to: brainly.com/question/14799941
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This statement is true hope this helps you
Answer:
$344,000
Explanation:
The applicable formula, in this case, is the accounting equation.
Assets= Liabilities + Equity.
Liabilities =$117,000
Equity =$227,000
Assets = $117,000 + $227,000
Assets = $344,000
