American chip corporation’s reporting year-end is december 31. the following is a partial adjusted trial balance as of december 31, 2021. account title debits credits retained earnings 81,000 sales revenue 760,000 interest revenue 3,500 cost of goods sold 425,000 salaries expense 110,000 rent expense 16,000 depreciation expense 31,000 interest expense 5,100 insurance expense 6,100 required: prepare the necessary closing entries at december 31, 2021. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field.)
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Business, 22.06.2019 20:50
You are bearish on telecom and decide to sell short 100 shares at the current market price of $50 per share. a. how much in cash or securities must you put into your brokerage account if the broker’s initial margin requirement is 50% of the value of the short position? b. how high can the price of the stock go before you get a margin call if the maintenance margin is 30% of the value of the short position? (input the amount as a positive value. round your answer to 2 decimal places.)
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Business, 23.06.2019 00:50
Hubert manages a grocery store in a country experiencing a high rate of inflation. to keep up with inflation, he spends a lot of time every day updating the prices, printing new price tags, and sending out newspaper inserts advertising the new prices. his employees regularly deal with customer annoyance over the frequent price changes. this is an example of the of inflation.
Answers: 2
Business, 23.06.2019 01:30
Nba all-star baron davis and his school friend, cash warren, premiered their first movie "made in america" at the sundance festival in january 2008. the movie, based on gang activity in south central los angeles, received good reviews. source: the new york times, february 24, 2008 draw baron davis's ppf. label it ppfdavis. draw your own ppf. label it ppfmine.
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Business, 23.06.2019 02:30
Suppose a jury of 12 people is chosen from the above pool, and this jury hears a case and discusses the verdict; x is the number who think the defendant is guilty.
Answers: 1
American chip corporation’s reporting year-end is december 31. the following is a partial adjusted t...
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