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daser333 [38]
3 years ago
8

Which of the following is NOT a suggested strategy for handling decreases in income? Finding a new job to replace lost income. R

educing dining out. Moving to a larger apartment with more free amenities. Canceling a gym membership.
Business
1 answer:
Murrr4er [49]3 years ago
8 0

Moving to a larger apartment with more free amenities.

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Following are the accounts and balances from the adjusted trial balance of Stark Company. Notes payable $ 11,000 Accumulated dep
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Answer:

                    STARK COMPANY

                  INCOME STATEMENT

      FOR THE YEAR ENDED DECEMBER 31

PARTICULARS                          AMOUNT$

Service Revenue                           20,000

<u>Less-Expenses</u>

Supplies expense           200

Interest expense             500

Insurance expense         1800

Utilities expense             1300

Depreciation expense    2000

Wages expense              7500

Total expenses                              <u>13,300</u>

Net profit                                       <u>$6,700</u>

                              STARK COMPANY

                  STATEMENT OF RETAINED EARNINGS

FOR THE YEAR ENDED DECEMBER 31                       Amount$

Retained earnings December 31 prior year end            14,800

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Less- Dividends                                                                 3,000

Retained earnings, December 31 Current year end   $18,500

8 0
3 years ago
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All other options are not true the term financial aid initially derived by the community colleges in order to provide funding to the students who cannot afford to study.
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