Carla Company sells goods to Sarasota Company during 2020. It offers Sarasota the following rebates based on total sales to Sarasota. If total sales to Sarasota are 9,300 units, it will grant a rebate of 3%. If it sells up to 21,200 units, it will grant a rebate of 4%. If it sells up to 27,800 units, it will grant a rebate of 6%. In the first quarter of the year, Carla sells 11,400 units to Sarasota at a sales price of $125,400. Carla, based on past experience, has sold over 40,900 units to Sarasota, and these sales normally take place in the third quarter of the year. Required:
Based upon the above information, what amount should Manual record as revenue based upon both the net and gross method?

1. gar principles or "the principles"are intended to do what?

The balance sheet contains the following major sections: current assets long-term investments property, plant, and equipment intangible assets other assets current liabilities long-term liabilities contributed capital retained earnings accumulated other comprehensive income required: the following is a list of accounts. using the letters a through j, indicate in which section of the balance sheet each of the accounts would be classified. if an account does not belong under one of the sections listed, select "not under any of the choices" from the classification drop down box. for all accounts, indicate if the account is a contra account or an account that would normally be deducted on the balance sheet by selecting "yes" from the second drop down box, otherwise select "no". account classification contra or deducted (yes/no) 1. cash 2. bonds payable (due in 8 years) 3. machinery 4. deficit 5. unexpired insurance 6. franchise (net) 7. fund to retire preferred stock 8. current portion of mortgage payable 9. accumulated depreciation 10. copyrights 11. investment in held-to-maturity bonds 12. allowance for doubtful accounts 13. notes receivable (due in 3 years) 14. property taxes payable 15. deferred taxes payable 16. additional paid-in capital on preferred stock 17. premium on bonds payable (due in 8 years) 18. work in process 19. common stock, $1 par 20. land 21. treasury stock (at cost) 22. unrealized increase in value of available-for-sale securities

For the year ended december 31, a company has revenues of $323,000 and expenses of $199,000. the company paid $52,400 in dividends during the year. the balance in the retained earnings account before closing is $87,000. which of the following entries would be used to close the dividends account?