Three employees and their job descriptions are listed in the chart below. Employee

Job Description

Monica

Reads gas meters on houses

Travis

Oversees the installation of solar panels

Maggie

Works on power lines

Who does each person work for?

Monica works for a power company, Travis works for a utilities company, and Maggie is self-employed.
All three people work for a power company.
All three people are self-employed.
Monica works for a utilities company, Travis is self-employed, and Maggie works for a power company.

Cash flows during the first year of operations for the harman-kardon consulting company were as follows: cash collected from customers, $385,000; cash paid for rent, $49,000; cash paid to employees for services rendered during the year, $129,000; cash paid for utilities, $59,000. in addition, you determine that customers owed the company $69,000 at the end of the year and no bad debts were anticipated. also, the company owed the gas and electric company $2,900 at year-end, and the rent payment was for a two-year period.