The general ledger of the Karlin Company, a consulting company, at January 1, 2021, contained the following account balances: Account Title Debits Credits
Cash 29,000
Accounts receivable 17,500
Equipment 30,000
Accumulated depreciation 9,000
Salaries payable 9,750
Common stock 48,500
Retained earnings 9,250
Total 76,500 76,500
The following is a summary of the transactions for the year:
A. Service revenue, $132,000, of which $39,600 was on account and the balance was received in cash.
B. Collected on accounts receivable, $26,500. Issued shares of common stock in exchange for $15,500 in cash.
C. Paid salaries, $48,250 (of which $9,750 was for salaries payable at the end of the prior year).
D. Paid miscellaneous expense for various items, $26,000.
E. Purchased equipment for $18,000 in cash.
F. Paid $3,200 in cash dividends to shareholders.
G. Accrued salaries at year-end amounted to $965.
H. Depreciation for the year on the equipment is $3,000.
Required:
Prepare : summary, adjusting and closing entriesfor each transaction listed.
Prepare an unadjusted trial balance, an adjusting trial balance, an income statement, balance sheet, and a post lcosing trial balance.

The hawthorne works was a large western electric factory with 45,000 employees. during the 1920s and 1930s, hawthorne works was the site of some well-known industrial studies. in one of the studies, researchers investigated the impact of different working conditions on worker productivity. prior to the start of the study, researchers secretly measured workers' productivity for several weeks. then researchers chose two workers, who then chose their own teams. the teams were separated from the general workforce and completed their work in different experiment rooms where the researchers could observe them more easily. over a 5-year period researchers manipulated the structure of the workday for each team (number and duration of breaks and number of hours per shift). for each of these changes in working conditions, the researchers measured the effect on productivity. for some conditions, such as frequent short breaks, workers rebelled by intentionally decreasing productivity.why did the researchers secretly measure the workers' productivity before creating the two treatment groups? a, to create similar treatment groups so that a cause-and-effect relationship could be establishedb, to draw conclusions about the productivity of all workers in the plant based on the test groupsc, to directly control for confounding variablesd, to provide a baseline for measuring worker productivity

Gwen, a manager at exude apparels inc., received a message from a customer requesting a replacement for a purchased pair of shoes. exude apparels has a clearly stated no-return policy. gwen responded to the customer denying the request in a tactful and clear manner. despite this, the customer submitted a second request. in this scenario, which of the following is an appropriate response to the second request?

The gorman group is a financial planning services firm owned and operated by nicole gorman. as of october 31, 2016, the end of the fiscal year, the accountant for the gorman group prepared an end-of-period spreadsheet, part of which follows: