Accounts Payable $ 592 Accounts Receivable 292 Accumulated Depreciation 892 Cash 292 Common Stock 192 Deferred Revenue 192 Depreciation Expense 292 Equipment 3,192 Income Tax Expense 292 Interest Revenue 92 Notes Payable (long-term) 192 Notes Payable (short-term) 492 Prepaid Rent 92 Rent Expense 392 Retained Earnings 1,492 Salaries and Wages Expense 2,192 Service Revenue 6,176 Supplies 492 Supplies Expense 192 Travel Expense 2,592 Prepare a post-closing trial balance at September 30, 2018.

Consider the following scenarios. use what you have learned to decide if the goods and services being provided are individual, public, or merit goods. for each case, state what kind of good has been described and explain your answer using the definitions of individual, public, and merit goods. (6 points each) 1. from your window, you can see a city block that's on fire. you watch city firefighters rescue people and battle the flames to save the buildings. 2. while visiting relatives, you learn that your cousins attend a nearby elementary school that is supported financially by local property tax revenue. 3. you see a squadron of military jets flying overhead. 4. you find out that your aunt works for a defense manufacturing company that has several defense contracts with the government. she tells you that she works for a team that is producing a communications satellite. 5. your class visits a local jail run by a private, profit-making company that detains county criminals and is paid with tax revenue.

Your parents have accumulated a $170,000 nest egg. they have been planning to use this money to pay college costs to be incurred by you and your sister, courtney. however, courtney has decided to forgo college and start a nail salon. your parents are giving courtney $20,000 to her get started, and they have decided to take year-end vacations costing $8,000 per year for the next four years. use 8 percent as the appropriate interest rate throughout this problem. use appendix a and appendix d for an approximate answer, but calculate your final answer using the formula and financial calculator methods. a. how much money will your parents have at the end of four years to you with graduate school, which you will start then?

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