Answer:
The entries are made as follows;
Explanation:
Service Revenue Dr.$4,350
Income Summary Cr.$4,350
(To close revenue account)
Income Summary
Supplies expense Dr.$910
Insurance Expense Dr.$540
Salaries and Wages Expense Dr.$1,770
Income Summary Cr.$3,220
(To close expenses)
Income Summary (4,350-3,220) Dr.$1,130
Retained Earnings Cr.$1,130
Real earnings decreased for high school education because globalization has helped those with greater education more than those with less education.
<h3>Decrease in real earnings</h3>
Due to globalization people with higher education or higher qualification has more advantage over those with lesser education or high school education.
This occur because technological changes in recent decades has lead or result in high demand for people with more or higher education.
Inconclusion real earnings decreased for high school education because of globalization.
Learn more about Decrease in real earnings here:brainly.com/question/25302588
The answer is "$655,000".
Beginning balance = <span>$30,000
</span>Ending Balance = <span>$200,000
</span><span>Credit sales = $825,000
</span><span>Cash collections from customers for the year = credit sales - (ending balance - beginning balance)
= </span>$825,000 - ($200,000 - $30,000)
= $825,000 - $170000
= $655,000
The answer is TRUE, self disclosure occurs over time with people from different backgrounds
Based on the scenario provided above, the banker's action is still considered to be legal despite of the fact that he provides personal details to the banker though it is also considered as highly unethical because using this information is his way of selling insurance policies in which isn't the best thing to do as a banker's job.
