Journal entries recorded at the end of each accounting period to prepare the revenue, expense, and withdrawals ac0ounts for the upcoming period and to update the owner's capital account for the events of the period just finished are referred to as

a. adjusting entries.
b. closing entries.
c. final entries.
d. work sheet entries.
e. updating entries

Guardian inc. is trying to develop an asset-financing plan. the firm has $450,000 in temporary current assets and $350,000 in permanent current assets. guardian also has $550,000 in fixed assets. assume a tax rate of 40 percent. a. construct two alternative financing plans for guardian. one of the plans should be conservative, with 70 percent of assets financed by long-term sources, and the other should be aggressive, with only 56.25 percent of assets financed by long-term sources. the current interest rate is 12 percent on long-term funds and 7 percent on short-term financing. compute the annual interest payments under each plan.

Amanda works as an industrial designer

How does the plaintiff, mrs. wood, try to implicate the gun manufacturer ( who testifies, what do they say, what evidence is introduced)?