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The Following Unadjusted Account Balances and Adjustment Data Are for Global

question 52

Essay

The following unadjusted account balances and adjustment data are for Global Advertising as of December 31, 2019: $\begin{array} { l r } \text { Cash } & \$ 14,000 \\\text { Prepaid insurance } & 3,000 \\\text { Office supplies } & 900 \\\text { Office equipment } & 15,500 \\\text { Accumulated amort.-office equipment } & 4,500 \\\text { Accounts payable } & 1,600 \\\text { Salary payable } & 0 \\\text { Unearned service revenue } & 5,500 \\\text { Bill Johnson, Capital } & 14,900 \\\text { Bill Johnson, Withdrawals } & 11,000 \\\text { Service revenue } & 29,700 \\\text { Salary expense } & 11,800 \\\text { Amort. expense-office equipment } & 0 \\\text { Supplies expense } & 0 \\\text { Insurance expense } & 0\end{array}$ Adjustment data:
Office supplies on hand December 31, 2019, $500
Prepaid insurance expired during 2019, $275
Unearned service revenue, December 31, 2019, $1,500
Amortization on equipment for 2019, $2,800
Accrued salaries, $1,800
Fill in the trial balance, adjustments, and adjusted trial balance columns in the following table. $The following unadjusted account balances and adjustment data are for Global Advertising as of December 31, 2019: \begin{array} { l r } \text { Cash } & \$ 14,000 \\ \text { Prepaid insurance } & 3,000 \\ \text { Office supplies } & 900 \\ \text { Office equipment } & 15,500 \\ \text { Accumulated amort.-office equipment } & 4,500 \\ \text { Accounts payable } & 1,600 \\ \text { Salary payable } & 0 \\ \text { Unearned service revenue } & 5,500 \\ \text { Bill Johnson, Capital } & 14,900 \\ \text { Bill Johnson, Withdrawals } & 11,000 \\ \text { Service revenue } & 29,700 \\ \text { Salary expense } & 11,800 \\ \text { Amort. expense-office equipment } & 0 \\ \text { Supplies expense } & 0 \\ \text { Insurance expense } & 0 \end{array} Adjustment data: Office supplies on hand December 31, 2019, $500 Prepaid insurance expired during 2019, $275 Unearned service revenue, December 31, 2019, $1,500 Amortization on equipment for 2019, $2,800 Accrued salaries, $1,800 Fill in the trial balance, adjustments, and adjusted trial balance columns in the following table.$

Understand the elements and key players in the communication process.

Acknowledge the influence of cultural differences on communication practices.

Recognize the difference between formal and informal communication channels.

Understand the barriers to effective communication in the workplace and strategies to overcome them.

Definitions:

Nonbillable

Nonbillable refers to time or activities related to a job or profession that cannot be charged to a client as part of services rendered.

Administrative Work

Tasks related to the management and operation of an organization, including paperwork, scheduling, and organizational duties.

Performance Reviews

The assessment of an employee's job performance over a specific period, typically used to identify strengths and areas for improvement.

Client's Funds

Money that belongs to clients and is held in trust by attorneys or other professionals, to be used for specific client-related purposes.