Using the following information, prepare a trial balance. assume all asset, dividend, and expense accounts have debit balances and all liability, stockholders’ equity, and revenue accounts have credit balances. list the accounts in the following order: assets, liabilities, stockholders’ equity, dividends, revenues, and expenses. cash $ 5,600 dividends $ 400 salaries payable 600 rent expense 1,500 prepaid rent 800 accounts receivable 3,400 accounts payable 1,500 common stock 5,200 retained earnings 1,300 service revenue 6,100 salaries expense 2,000 advertising expense 1,000

The former chairman of the federal reserve, alan greenspan, used the term "irrational exuberance" in 1996 to describe the high levels of optimism among stock market investors at the time. stock market indexes such as the s& p composite price index were at an all-time high. some commentators believed that the fed should intervene to slow the expansion of the economy. why would central banks want to clamp down when the economy is growing? a. to block the formation of unsustainable speculative asset bubbles. b. to curtail excessive profits in the banking system. c. to prevent inflationary forces from gathering momentum. d. all of the above. e. a and c only.