Based on prior experience, GBI estimates that approximately 1/2 % of the net credit sales (gross credit sales minus returns of credit sales) for the month will become bad debt.
GBI writes off bad debts as they occur and recognizes bad debt expense based on anticipated bad debts as an adjusting entry each month.

• As a control measure, physical inventories are taken on a periodic basis, alternating between the raw materials inventory, finished goods inventory and trading goods inventory.
Physical inventory of the trading goods inventory was taken at the end of January.
It was determined that the value of the trading goods merchandise on hand was $20,710.
• GBI counted the office supplies on hand after the close of business on the last day of the month and determined the cost of the unused office supplies to be $620.
• Production Machinery, Equipment, and Fixtures were placed in service on January 1, 2008 and are expected to last 20 years with no salvage value.
GBI depreciates fixed assets on a straight-line basis.
Those assets acquired in the first half of the month are depreciated for the entire month while fixed assets placed in service during the last half of the month are not depreciated until the second month.
Depreciation is rounded to the nearest dollar and assets are depreciated on a monthly basis (i. e. number of days in the month is not of consequence).
• GBI used the Internet to review the monthly charges for utilities the business consumed during January.
Based on the internet report, the amount to be billed by the utilities company for January usage is $1,046.
• Liability insurance for the six month period ending on February 28, in the amount of $15,000, was paid last August on the first of the month.
Liability insurance is assumed to be utilized uniformly over the six month policy period.
• GBI needs to recognize the wages expense for the month.
Since all employees are paid salaries and no changes have been made, this amount is the same as the previous month salaries.
(Ignore manufacturing and assume all labor costs will be expensed)

Required:
Prepare the adjusting entries for these events.

sound is invisible, but sometimes we can feel it. when a kettle-drum is thumped with a stick that time the tight drum skin moving up and down very quickly for some time and then it pumped sound waves into the air. loudspeakers also work in a similar manner.

components of a speaker:

electromagnet

in order to translate an electrical signal into an audible sound, an electromagnet is used in looudspeakers

  suspension

suspension is used to   center the voice coil in the gap of the magnet and it exerts a restoring force to keep it there. suspension is used to limits the maximum mechanical excursion of the diaphragm and voice coil.

voice coil

voice coil is a coil of wire which is attached to the apex of a loudspeaker cone. it provides the motive force to the cone by the reaction of a magnetic field to the current passing through it.

cone

in a   loudspeaker, a   thin, semi-rigid membrane attached to the voice coil, which moves in a magnetic gap due to which it vibrates   and produced sound. it is known as diaphragm and it can also be called a cone, though not all speaker diaphragms are cone-shaped.

surround

surround is also known as front suspension. surround is used to join the cone to the chassis. together with the suspension it controls the cone excursion, and it is also used to   determine how energy which is   travelling through the cone is absorbed, and how the speaker limits when it reaches the ends of its travel.

dustcap

dustcap is used to protect the voice coil from dust and dirt. it is a part of the cone.

how speaker work

the outer part of the cone is fastened to the outer part of the loudspeaker's circular metal rim. the inner part is fixed to   voice coil that sits just in front of a permanent magnet . when loudspeaker is hooked up to a stereo, electrical signals feed through the speaker cables into the coil. it will convert the coil into an electromagnet magnet . when electricity flows back and forth in the cables, the electromagnet either repels or attract the permanent magnet. this moves the coil back and forth, and it pull and push the loudspeaker cone. like a drum skin vibrating back and forth, the moving cone pumps sounds out into the air.in this way loudspeakers works.

because she sucked. : )

(but so does trump, don't @ me)

answermultidomestic strategy;