Journalize Smart Touch Learning's closing entries for December 31 in RED order. Record debits first, then credits. Check your spelling carefully and do not abbreviate. Enter account names exactly as provided in the adjusted trial balance. Select the dates from the dropdown provided. SMART TOUCH LEARNING
Adjusted Trial Balance
December 31, 2016
Balance
Account Title Debit Credit
Cash 35,270
Accounts Receivable 1,700
Office Supplies 290
Prepaid Insurance 1,350
Furniture 13,400
Accumulated Depreciation - Furniture 200
Salaries Payable 4,600
Unearned Revenue 3,400
Common Stock 36,800
Retained Earnings 0
Dividends 4,200
Service Revenue 20,800
Salaries Expense 6,600
Depreciation Expense - Furniture 200
Insurance Expense 450
Utilities Expense 230
Rent Expense 2,000
Supplies Expense 110
Total 65,800 65,800

Match the vocabulary word to the correct definition. 1. human resources department 2. job description 3. ethics 4. labor relations 5. occupational safety & health administration a. a detailed list of the functions and requirements for a position b. the exchange between the employer and employee c. principles that define appropriate conduct d. the government agency responsible for monitoring safety in the workplace e. the division of a business responsible for hiring, managing, maintaining, and firing the workforce

crow design, inc. is a web site design and consulting firm. the firm uses a job order costing system in which each client is a different job. crow design assigns direct labor, licensing costs, and travel costs directly to each job. it allocates indirect costs to jobs based on a predetermined overhead allocation rate, computed as a percentage of direct labor costs. direct labor hours (professional) 6,250 hours direct labor costs ($1,800,000 support staff salaries ,000 computer ,000 office ,000 office ,000 in november 2012, crow design served several clients. records for two clients appear here: delicious treats mesilla chocolates direct labor 700 hours 100 hours software licensing $ 4,000 $400 travel costs 8,000 1. compute crow design’s direct labor rate and its predetermined indirect cost allocation rate for 2012. 2. compute the total cost of each job. 3. if simone wants to earn profits equal to 50% of service revenue, how much (what fee) should she charge each of these two clients? 4. why does crow design assign costs to jobs?

Abank has $132,000 in excess reserves and the required reserve ratio is 11 percent. this means the bank could have in checkable deposit liabilities and in (total) reserves.