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gregori [183]
2 years ago
10

A new business should be based on an entrepreneur's individual interests because the entrepreneur must

Business
1 answer:
Lady_Fox [76]2 years ago
3 0

Answer: have sufficient confidence to succeed and  dedicate as many hours as needed to the work.

Explanation:

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Type the correct answer in the box. Spell all words correctly.
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A group of business entrepreneurs who worried about their teenage children drinking and driving decided there must be some way t
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Answer: A) Prototype

Explanation:

The first model shown to entrepenuers are called prototypes

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The difference in a variable measured over observations (time, customers, items, etc.) is known as
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On December 31, 2016, Ditka Inc. had Retained Earnings of $270,800 before its closing entries were prepared and posted. During 2
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Answer:

<u>Required a</u>

Closing Retained Earnings Balance

Retained Earnings $270,800 (debit)

Statement of Changes in Shareholders Equity $270,800 (credit)

<u>Required b</u>

Closing Service Revenue Balance

Sales Revenue $171,100 (debit)

Statement of Profit and Loss $171,100 (credit)

Closing Interest Revenue Balance

Interest Revenue $82,800 (debit)

Statement of Profit and Loss $82,800 (credit)

Closing Supplies Expenses Account

Statement of Profit and Loss $89,400 (debit)

Supplies Expenses $89,400 (debit)

Closing Supplies advertising expenses

Statement of Profit and Loss $16,700 (debit)

Advertising expenses $16,700 (debit)

Closing Supplies salaries and wages expenses

Statement of Profit and Loss $18,750 (debit)

Salaries and wages expenses $18,750 (debit)

Closing income tax expenses

Statement of Profit and Loss $14,300 (debit)

income tax expenses $14,300 (debit)

<u>Required c</u>

Closing the dividend Account

Dividend $6,300 (debit)

Retained Earnings Statement $6,300 (credit)

Explanation:

Revenues and Expenses are Closed off to the Statement of Profit and Loss.

Dividends are Closed off to the Retained Income Statement.

Adjusting Supplies Account

Supplies Expenses $89,400 (debit)

Supplies Account $89,400 (credit)

Adjusting dividend Account

Dividend $6,300 (debit)

Cash $6,300 (credit)

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Before purchasing services, citizens must often make assessments of their quality based on reputation. Group of answer choices T
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