QUESTION 1 of 10: The terms of a percentage lease state that rent is 3% of sales up to $100,000 and 2% of sales over $100,000. Your business plan projects monthly sales to average $190,000 per month. There is a $300 per month maintenance fee. What do you project as an
average monthly rent plus maintenance fee?

After all revenue and expense accounts have been closed at the end of the fiscal year, income summary has a debit of $2,450,000 and a credit of $3,000,000. at the same date, retained earnings has a credit balance of $8,222,600, and dividends has a balance of $125,000. required: a. journalize the entries required to complete the closing of the accounts on december 31. refer to the chart of accounts for exact wording of account titles. b. determine the amount of retained earnings at the end of the period.

You are frustrated to find that the only way to contact the customer service department is to make a phone call. the number listed would result in long distance charges to your phone bill. which issue should be addressed by the company to keep its crm in line with your expectations?

When the amount for land is 36,000 and the amount paid for expenses is 10,000, the balance of total asset is