Selected transactions from the journal of Kingbird, Inc., are presented below.

Date Account Titles and Explanation Debit Credit
Aug. 1 Cash 53,700
Common Stock 53,700
(Investment of cash for stock)
10 Cash 24,165
Service Revenue 24,165
(Received cash for services performed)
12 Equipment 44,750
Cash 7,160
Notes Payable 37,590
(Purchased office equipment for cash and notes payable)
25 Account Receivable 14,320
Service Revenue 14,320
(Billed clients for services performed)
31 Cash 7,876
Accounts Receivable 7,876
(Receipt of cash on account)

Required:
Post the transactions to T- account.

Sales at a fast-food restaurant average $6,000 per day. the restaurant decided to introduce an advertising campaign to increase daily sales. to determine the effectiveness of the advertising campaign, a sample of 49 days of sales were taken. they found that the average daily sales were $6,300 per day. from past history, the restaurant knew that its population standard deviation is about $1,000. if the level of significance is 0.01, have sales increased as a result of the advertising campaign? multiple choicea)fail to reject the null hypothesis.b)reject the null hypothesis and conclude the mean is higher than $6,000 per day.c)reject the null hypothesis and conclude the mean is lower than $6,000 per day.d)reject the null hypothesis and conclude that the mean is equal to $6,000 per day.expert answer