Answer:
small business
Explanation:
According to my research on the different types of companies, I can say that based on the information provided within the question Vernon's company can be categorized as a small business. A small business refers to any company that is independently owned and has only a small number of employees and resources in comparison with the industry that it is currently in. Since Vernon business is run from his house and he only has 55 employees, he would be classified as a small business.
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<span>When Kroger's grocery store puts its own line of detergent on the shelf next to tide, the store is promoting its private brand. The answer to the following missing blank is private. It means that it is secure and can't be accessed by just anyone.</span>
Answer:
1.
Salaries Expense $3,920 (debit)
Salaries Payable $3,920 (credit)
2.
Profit and Loss Account $271,470 (debit)
Salaries Expense $271,470 (credit)
Explanation:
1. Recognize an Expense : Salaries Expense and also recognize a liability : Salaries Payable.
2.The Salaries Expense is closed off to the Profit and Loss Account.
