Probuilder has the following june 30, 2016, fiscal-year-end unadjusted balances: allowance for sales discounts, $0; and accounts receivable, $10,900. of the $10,900 of receivables, $2,450 are within a 2% discount period, meaning that it expects buyers to take $49 in future discounts arising from this period’s sales
a. prepare the june 30, 2016, fiscal-year-end adjusting journal entry for future sales discounts.
b. assume the same facts above and that there is a $10 fiscal-year-end unadjusted credit balance in the allowance for sales discounts. prepare the june 30, 2016, fiscal-year-end adjusting journal entry for future sales discounts

Label each of the following statements true, false, or uncertain. explain your choice carefully. a. workers benefit equally from the process of creative destruction. b. in the past two decades, the real wages of low-skill u.s. workers have declined relative to the real wages of high-skill workers. c. technological progress leads to a decrease in employment if, and only if, the increase in output is smaller than the increase in productivity. d. the apparent decrease in the natural rate of unemployment in the united states in the second-half of the 1990s can be explained by the fact that productivity growth was unexpectedly high during that period.