The partial worksheet for the Jamison Company showed the following data on October 31, 2019. Income Balance Statement SheetAccount Name Debit Credit Debit Credit Jason Jamison, Capital 30,000 Jason Jamison, Drawing 1,500 Fees Income 26,000 Salaries Expense 10,400 Rent Expense 1,000 Supplies Expense 400 Utilities Expense 500 Depr. Exp. −Equip. 850 Totals 13,150 20,000 41,650 34,800 Net Income 6,850 6,850 20,000 20,000 41,650 41,650 Prepare the closing entries for Jamison Company on October 31, 2019.Record entry to transfer expenses to income summary. Date General Journal Debit Credit Oct 31, 2019 Date General Journal Debit Credit Oct 31, 2019 Record entry to transfer net income or net loss from income summary to capital. Date General Journal Debit Credit Oct 31, 2019 Record entry to transfer drawings to capital account. Date General Journal Debit Credit Oct 31, 2019

If the findings and the results are not presented properly, the research completed was a waste of time and money. true false

Oliver's company is planning the launch of their hybrid cars. the company has included "never-before-seen" product benefits in the hybrid cars. which type of advertising should oliver's company use for the new cars?

In year 1, the bennetts' 25-year-old daughter, jane, is a full-time student at an out-of-state university but she plans to return home after the school year ends. in previous years, jane has never worked and her parents have always been able to claim her as a dependent. in year 1, a kind neighbor offers to pay for all of jane's educational and living expenses. which of the following statements is most accurate regarding whether jane's parents would be allowed to claim an exemption for jane in year 1 assuming the neighbor pays for all of jane's support? a. no, jane must include her neighbor's gift as income and thus fails the gross income test for a qualifying relative. b.yes, because she is a full-time student and does not provide more than half of her own support, jane is considered her parent's qualifying child. c.no, jane is too old to be considered a qualifying child and fails the support test of a qualifying relative. d.yes, because she is a student, her absence is considered as "temporary." consequently she meets the residence test and is a considered a qualifying child of the bennetts.