The following adjusted trial balance contains the accounts and year-end balances of Cruz Company as of December 31

Account Title
Debit Credit
101 Cash $18,000
Supplies 9,800
Prepaid insurance 2,000
Equipment 168 23,000
Accumulated depreciation Equipment $6500
Common stock 6793
Retained earnings 35,600
Dividends 6000
Services revenue 43,300
Depreciation expense-Equipment 2000
Salaries expense 25,244
Insurance expense 1819
Rent expense 2901
Supplies expense $1429
Totals $92,193 $92,193

a. Prepare the December 31, closing entries for Cruz Company. Assume the account number for Income Summary is 901.
b. Prepare the December 31, post-closing trial balance for Cruz Company. Note: The Retained Earnings account balance was $35,600 on December 31 of the prior year.

The following cost data pertain to the operations of montgomery department stores, inc., for the month of july. corporate legal office salaries $ 75,300apparel department cost of sales"evendale store $ 97,200corporate headquarters building lease $ 50,300store manager's salary"evendale store $ 12,900apparel department sales commission"evendale store $ 11,550store utilities"evendale store $ 12,800apparel department manager's salary"evendale store $ 10,450central warehouse lease cost $ 18,600janitorial costs"evendale store $ 11,800 the evendale store is just one of many stores owned and operated by the company. the apparel department is one of many departments at the evendale store. the central warehouse serves all of the company's stores. required: 1. what is the total amount of the costs listed above that are direct costs of the apparel department? 2. what is the total amount of the costs listed above that are direct costs of the evendale store? 3. what is the total amount of the apparel department's direct costs that are also variable costs with respect to total departmental sales?

Gyou are in charge of making the work schedule for the next two weeks. typically this is not a difficult task as you work at a routine 8am – 5pm company. however, over the next two weeks you are required to schedule someone to be in the office each saturday. after contemplating this for a few days you make the schedule and assignments. before posting the schedule for everyone you decide that it is a good idea to meet personally with the two people you have scheduled to work the weekend. what do you say to them? what is your desired outcome?

Circumstances under which pro-forma invoice may be used