Abusiness has the following transactions: the business is started by receiving $25,000 from the owner. the business purchased $700 of office supplies on account and $2,500 of furniture on account. the business rendered services to various clients totaling $10,000 on account. it paid $5,000 as salaries expense and $6,000 as rent expense. it paid $1,000 to a supplier for the office supplies purchased earlier. it collected $3,000 from one of its clients for services rendered earlier in the month. at the end of the month, all journal entries are posted to the ledger. the accounts payable account will appear as:

Almost 80% of business owners are clueless about the competition, resulting in a) lost market share and customers. b) needless lawsuits. c) uninspired products. d) lack of perseverance

Employees at a library check out books to patrons. books have an isbn and a name. the library sometimes has multiple copies of the same book. books have one or more authors. a patron is an individual who has an active (non-expired) library card. for each library card, we store the person's first and last names and their address. for each employee, we store their employee id, current salary, first and last name and their address. we also store the employee id of their current manager. each time we check out a book to a patron we need to store the date of the transaction, the employee who checked out the book to the patron, and the library card of the patron. some employees have library cards. if an employee patron turns in a book late, the fine that they pay is a percentage of their salary. some employees are authors who have library cards—they are allowed to check out as many books as they like.

Ursus, inc., is considering a project that would have a five-year life and would require a $1,650,000 investment in equipment. at the end of five years, the project would terminate and the equipment would have no salvage value. the project would provide net operating income each year as follows (ignore income taxes.):