Boyd docker recorded the following transactions during the month of april. apr. 3 cash 3,400 service revenue 3,400 16 rent expense 460 cash 460 20 salaries and wages expense 340 cash 340 post these entries to the cash account of the general ledger to determine the ending balance in cash. the beginning balance in cash on april 1 was $3,850. (post entries in the order of journal entries presented in the

Yael decides that she no longer enjoys her job, and she quits to open a gluten-free, dairy-free kosher bakery. she pays a monthly rent for her store of $2,000. her labor costs for one month are $4,500, and she spends $6,000 a month on nut flours, sugar, and other supplies. yael was earning $2,500 a month working as a bank teller. these are her only costs. her monthly revenue is $14,000. which of the following statements about yael’s costs and profit are correct? correct answer(s) an accountant would say she is earning a monthly profit of $1,500. her implicit costs are $2,500 a month. an economist would tell her that she is experiencing a loss. her total costs are $12,500 a month. her explicit costs include the labor, rent, and supplies for her store. her economic profit is $1,500 a month.