Answer:
Sooner Company
Trial Balance
For the month ended April 30, 202x
Debit Credit
Cash $2,600
Accounts Receivable $4,800
Prepaid Rent $6,100
Land $47,000
Accounts Payable $3,000
Deferred Revenue $1,650
Common Stock $27,000
Retained Earnings $19,750
Service Revenue $24,100
Salaries Expense $6,900
Supplies Expense $8,100
Totals $75,500 $75,000
When you are preparing a trial balance, you must report the accounts with their normal balances, e.g. assets have a normal debit balance while equity has a normal credit balance.
The first step in getting employees to appreciate the importance of during the orientation process, the employee receives training in a variety of topics, including data privacy and the protection of personal information.
What is data privacy?
The area of data management that deals with treating personal data in accordance with privacy laws, rules, and industry best practices is known as “data privacy.”
Prior to accessing systems containing personal data, a new employee should have at least a basic understanding of personal data.
Maintaining a culture of personal data protection within the organization, including health data, biometric data, criminal convictions, and security measures data, will depend in large part on keeping employee awareness levels at the greatest possible level.
Hence, the significance of the data privacy is aforementioned.
Learn more about on data privacy, here:
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Answer:
B) credit to Accounts Receivable for $1500.
Explanation:
The journal entry to record the given transaction is as follows
Cash $1,470
Sales discounts $30 ($1,500 × 2%)
To Account receivable $1,500
(Being the receipts of payment is recorded)
While recording this transaction we debited the cash as it increased the assets plus the sales discount is also debited and at the same time we credited the account receivable as it decreased the asset
A thesis statement should be clearly stated and narrowly focused. False
