In its first year of business, Borden Corporation had sales of $2,050,000 and cost of goods sold of $1,225,000. Borden expects returns in the following year to equal 6% of sales. The adjusting entry or entries to record the expected sales returns is (are):

The strength of the economy depends on the balance pf production and consumption of goods and consumption of goods and services

You decided to charge $100 for your new computer game, but people are not buying it. what could you do to encourage people to buy your game?

The following transactions occur for badger biking company during the month of june: a. provide services to customers on account for $32,000. b. receive cash of $24,000 from customers in (a) above. c. purchase bike equipment by signing a note with the bank for $17,000. d. pay utilities of $3,200 for the current month. analyze each transaction and indicate the amount of increases and decreases in the accounting equation. (decreases to account classifications should be entered as a negative.)