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

Date Account Titles and Explanation Debit Credit
Aug. 1 Cash 24,300
Common Stock 24,300
(Investment of cash for stock)
10 Cash 10,935
Service Revenue 10,935
(Received cash for services performed)
12 Equipment 20,250
Cash 3,240
Notes Payable 17,010
(Purchased office equipment for cash and notes payable)
25 Account Receivable 6,480
Service Revenue 6,480
(Billed clients for services performed)
31 Cash 3,564
Accounts Receivable 3,564
(Receipt of cash on account)

Post the transactions to T accounts.

Which of the following statements about brand names is true? brand names give the seller an incentive to provide consistently high-quality products and services in order to protect the reputation of the brand. brand names are always economically wasteful since they dupe consumers into buying more expensive goods and services that are no different from generic versions. it is always rational to prefer brand names over generic substitutes. read the following example and determine whether it illustrates a common critique or defense of advertising. musashi sees a commercial for a brand x clothing company that depicts the wearers of the clothes out having a good time with friends. although he doesn't particularly need new clothes, the commercial prompts him to buy a brand x t-shirt.

Which statement best explains the relationship between points a and b? a. consumption reaches its highest point, and then supply begins to fall. b. inflation reaches its highest point, and then the economy begins to expand. c. production reaches its highest point, and then the economy begins to contract. d. unemployment reaches its highest point, and then inflation begins to decrease.

David paid $975,000 for two beachfront lots in coastal south carolina, with the intention of building residential homes on each. two years later, the south carolina legislature passed the beachfront management act, barring any further development of the coast, including david's lots. when david files a complaint to seek compensation for his property, south carolina refuses, pointing to a passage in david's own complaint that states "the beachfront management act [was] properly and validly designed to south carolina's " is south carolina required to compensate david under the takings clause?