The bookkeeper for pharoah company asks you to prepare the following accrual adjusting entries at december 31. (if no entry is required, select "no entry" for the account titles and enter 0 for the amounts. credit account titles are automatically indented when the amount is entered. do not indent manually.) a. interest on notes payable of $380 is accrued. b. services performed but unbilled totals $1,820. c. salaries of $750 earned by employees have not been recorded.

The business cycle is the periodic but irregular up-and-down movement in economic activity, measured by fluctuations in real gross domestic product (gdp) and other macroeconomic variables. a business cycle is typically characterized by four phases—recession, recovery, growth, and decline—that repeat themselves over time. economists note, however, that complete business cycles vary in length. the duration of business cycles can be anywhere from about two to twelve years, with most cycles averaging six years in length. some business analysts use the business cycle model and terminology to study and explain fluctuations in business inventory and other individual elements of corporate operations. but the term "business cycle" is still primarily associated with larger (industry-wide, regional, national, or even international) business trends.

Entrepreneur is a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so.