The income statement for the month of June, 2011 of Taylor Enterprises contains the following information:
Revenues
£7,000
Expenses:
Wages Expense
£2,000
Rent Expense
1,000
Supplies Expense
300
Advertising Expense
200
Insurance Expense
100
Total expenses
3.600
Net income
13.400
The entry to close the expense accounts includes a
a. debit to Income Summary for £3,400.
b. credit to Rent Expense for £1,000,
credit to Income Summary for £3,600
d. debit to Wages Expense for £2,000.​

The last time he flew jet value air, juan's plane developed a fuel leak and had to make an 4) emergency landing. the time before that, his plane was grounded because of an electrical problem. juan is sure his current trip will be fraught with problems and he will once again be delayed. this is an example of the bias a) confirmation b) availability c) selective perception d) randomness

Evan company reports net income of $232,000 each year and declares an annual cash dividend of $100,000. the company holds net assets of $2,130,000 on january 1, 2017. on that date, shalina purchases 40 percent of evan's outstanding common stock for $1,066,000, which gives it the ability to significantly influence evan. at the purchase date, the excess of shalina’s cost over its proportionate share of evan’s book value was assigned to goodwill. on december 31, 2019, what is the investment in evan company balance (equity method) in shalina’s financial records?

If a product goes up in price, and the demand for it drops, that product's demand is a. elastic b. inelastic c. stable d. fixed select the best answer from the choices provided