Problem 1 journalize the adjusting entry needed on december 31, 2017, the end of the current accounting period, for each of the following independent cases affecting hot sounds, a company that provides dj services. 1. purchased sound equipment last year for $50,000. the estimated useful life of the equipment is five years and estimated salvage value is zero. annual depreciation is $1

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The federal reserve took an expansionary approach during the crisis. this was done by expanding the money supply and boosting liquidity. this can be seen in the fed's actions of lending to banks, purchasing securities, and lowering the federal funds rate in order to lower overall interest rates. the fed's goal was to increase consumer spending and overall liquidity within the system, and they pursued this by expanding the supply of liquid money.

Businesses are required to follow laws and regulations, but they choose to follow ethical standards in a code of ethnics.answer: d) or the fourth option.

The president donald trump