Milo clothing experienced the following events during year 1, its first year of operation: acquired $16,000 cash from the issue of common stock. purchased inventory for $6,300 cash. sold inventory costing $3,780 for $6,426 cash. paid $600 for advertising expense. required a. record the general journal entries for the preceding transactions. b. post each of the entries to t-accounts. c. prepare a trial balance to prove the equality of debits and credits.

Njuly, noel & vang company purchased materials costing $23,100 and incurred direct labor cost of $19,800. manufacturing overhead totaled $35,200 for the month. information on inventories was as follows: july 1 july 31 materials $6,820 $7,810 work in process 770 1,320 finished goods 3,630 2,970 what was the cost of goods sold for july? a. $71,300 b. $71,100 c. $69,600 d. $77,220

The third program provides families with $50 in food stamps each week, redeemable for both perishable and nonperishable food. the fourth policy instead provides a family with a box of nonperishable foods each week, worth $50. use two graphs to illustrate that a family may be indifferent between the two programs, but will never prefer the $50 box of nonperishable foods over the $50 in food stamps. state your answer and use a consumer choice model for perishable food and nonperishable food to graphically justify your choice.

Legal requirements, suppliers and distributors, competitors, and market profiles are contained in the element of your business plan. a. introduction b. operating plant c. industry d. business information