Posting closing entries directly to t-accounts the following balances appear on the books of cedrick owens enterprises: retained earnings, $29,200; dividends, $8,100; service revenue, $23,600; salaries expense, $6,500; rent expense $4,100; advertising expense, $3,200. all accounts have normal balances.
requirements
1. the t-accounts have been set up for you. insert each account’s adjusted balance as given (denote as adj. bal.) at december 31.
2. post the closing entries to the accounts, denoting posted amounts as clos.
3. compute the ending balance of retained earnings.

d,

our agriculture industry and our business industry

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.