Prepare adjusting journal entries, as needed, for the following items. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field.) the supplies account shows a balance of $570, but a count of supplies reveals only $200 on hand at year-end. the company initially records the payments of all insurance premiums as prepaid insurance. the unadjusted trial balance at year-end shows a balance of $570 in prepaid insurance. a review of insurance policies reveals that $190 of insurance is unexpired. employees work monday through friday, and salaries of $3,200 per week are paid each friday. the company's year-end falls on tuesday. at year-end, the company received a utility bill for december's electricity usage of $270 that will be paid in early january.

If tracking employees through technology is not illegal, why should megan be concerned if she is not involved in any misconduct?

Which of the following statements is correct? a) due to limited liability, unlimited lives, and ease of ownership transfer, the vast majority of u. s. businesses (in terms of number of businesses) are organized as corporationsb) most businesses (by number and total dollar sales) are organized as proprietorships or corporation. however, if the business gets very large, it becomes advantageous to convert to a corporation, primarily because corporations have important tax advantages over proprietorships and partnerships. c) due to legal considerations related to ownership transfers and limited liability, which affect the ability to attract capital, most business (measured by dollar sales) is conducted by corporations in spite of large corporations' less favorable tax treatmentd) large corporations are taxed more favorably than proprietorshipse) corporate stockholders are exposed to unlimited liability

Ben collins plans to buy a house for $166,000. if the real estate in his area is expected to increase in value by 2 percent each year, what will its approximate value be five years from now?