The following financial information was taken from the books of Zone Health Club, a small spa and fitness club:

Account Balances as of
December 31, 2016
Accounts Receivable $28,200
Accounts Payable 7,910
Salaries Payable 11,700
Cash 42,500
Dividends 4,900
Operating Expense 2,880
Prepaid Rent 3,400
Rent Expense 7,000
Retained Earnings 1/1/2016 20,300
Salaries Expense 32,600
Service Revenue 80,500
Supplies 320
Supplies Expense 2,100
Common Stock 21,900
Unearned Revenue 6,510
Land 14,900

Prepare the journal entries necessary to close the temporary accounts at December 31, 2016, for Zone Health Club.

The blank is type of decision-maker who over analyzes information

2. the language of price controls consider the market for rental cars. suppose that, in a competitive market without government regulations, the equilibrium price of rental cars is $58 per day, and employees at car rental companies earn $19.50 per hour. complete the following table by indicating whether each of the statements is an example of a price ceiling or a price floor and whether it results in a shortage or a surplus or has no effect on the price and quantity that prevail in the market. statement price control effect there are many teenagers who would like to work at car rental companies, but the minimum-wage law sets the hourly wage at $23.00. the government has instituted a legal minimum price of $87 per day for rental cars. the government prohibits car rental companies from renting out rental cars for more than $87 per day.

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