Jan. 2Owner contributed N50,000 and a new computer costing N20,500 to start the business. Jan. 4Office supplies were purchased on credit for N4,000. Jan. 10 The business obtained 12% 5-year loan of N20,000 from the bank. Jan. 12 Paid the utility bills for N2,750. Jan. 15 Paid the N3,000 in Accounts Payable from the purchase of office supplies on Jan. 4. Jan. 24  Services completed in January were billed to clients Annis’ Flowers at N18,300. Jan. 27  A. K Odeyinka Enterprises received N5,500 from Annies’ Flowers, a client, a payment on account. Jan. 30  Odeyinka withdrew N6,000 of cash for personal use

You are frustrated to find that the only way to contact the customer service department is to make a phone call. the number listed would result in long distance charges to your phone bill. which issue should be addressed by the company to keep its crm in line with your expectations?

Which of the following is a disadvantage to choosing a sole proprietorship business structure? question 9 options: the owner has personal responsibility for the company's liabilities. the owner has to share the profits with partners. the owner is still liable for personal debts. the owner has to report to shareholders.

The gomez company, a merchandising firm, has budgeted its activity for december according to the following information: • sales at $500,000, all for cash. • merchandise inventory on november 30 was $250,000. • the cash balance at december 1 was $20,000. • selling and administrative expenses are budgeted at $50,000 for december and are paid for in cash. • budgeted depreciation for december is $30,000. • the planned merchandise inventory on december 31 is $260,000. • the cost of goods sold represents 75% of the selling price. • all purchases are paid for in cash. the budgeted cash disbursements for december are: