For the following situations, decide whether this is an example of an informal or formal trade barrier.

A. Law requiring that stores be closed on Sunday

b. Beliefs about not eating certain foods

c. Special tax on the sale of books

d. Required nutritional information on food
packaging

e. Hiring family members when jobs are available
in an organization

Prior to its closing, income summary had total debits of $1,190,500 and total credits of $1,476,300. what purpose is served by the income summary account and what is the nature of the entries that resulted in the $1,190,500 and the $1,476,300? the income summary account is used to the accounts. the $1,190,500 represents the , and the $1,476,300 represents . the company had of $ .

Aminor has the legal right to repudiate

The retained earnings account has a credit balance of $24,650 before closing entries are made. if total revenues for the period are $77,700, total expenses are $56,900, and dividends are $13,050, what is the ending balance in the retained earnings account after all closing entries are made?