Closing entries after the accounts have been adjusted at march 31, the end of the fiscal year, the following balances were taken from the ledger of cabriolet services co.: retained earnings $378,110 dividends 35,000 fees earned 548,480 wages expense 360,100 rent expense 86,400 supplies expense 32,410 miscellaneous expense 10,805 journalize the two entries required to close the accounts. if an amount box does not require an entry, leave it blank. nov. 30 nov. 30

Alarge university wanted to study the relationship between completing an internship during college and students' future earning potential. prom the same graduating class, they selected a random sample of 80 students who completed an internship and 100 students who did not complete an internship and examined their salaries five years after graduation. they found that there was a statistically higher mean salary for the internship group than for the noninternship group. which of the following interpretations is the most appropriate? a. there could be a confounding variable, such as student major, that explains the difference in mean salary between the internship and no internship groups.b. we cannot infer anything from these data since the distribution of salaries is likely right skewed.c. you cannot draw any valid conclusions because the sample sizes are different.d. more students should complete internships because having an internship produces a higher salary.