The Balances for the Accounts of Milo's Management Co

question 181

Essay

The balances for the accounts of Milo's Management Co. for the year ended December 31 are shown below. Each account shown had a normal balance.
$\begin{array} { l | r | l | r } \text { Accounts Payable..... } & \$ 6,500 & \text { Wages Expense } \ldots \ldots \ldots & 36,000 \\\hline \text { Accounts Receivable... } & 7,000 & \text { Rent Expense } \ldots \ldots \ldots \ldots & 6,000 \\\hline \text { Cash } \ldots \ldots \ldots \ldots \ldots \ldots \ldots & ? & & \\\hline\end{array}$
$$\begin{array} { | l | r | l | r } \hline \text { Offee Supplies. } & { 1,200 } & & \\\hline \text { Building } \ldots \ldots \ldots \ldots \ldots & 125,000 & & \\\hline \text { Supplies Expense...... } & 21,500 & \text { Land } \ldots \ldots \ldots \ldots \ldots \ldots \ldots & 50,000 \\\hline \text { D. Milo, Capital ......... } & 118,700 & \text { Unearned Management Fegt } & 4,000 \\\hline \text { Management Revenue. } & 175,000 & \text { D. Milo. Withdrawrals } & 48,000\end{array}$$ Calculate the correct balance for Cash and prepare a trial balance.

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Definitions:

Schwann Cells

A type of glial cell that myelinates the axons of the peripheral nervous system, enabling fast electrical impulses.

Nodes Of Ranvier

Gaps in the myelin sheath of axons that facilitate rapid signal transmission via saltatory conduction.

Hyperpolarization

A change in a cell's membrane potential, making it more negative, and thus further from initiating an action potential.

Inhibitory Postsynaptic Potential

A type of synaptic potential that makes a post-synaptic neuron less likely to generate an action potential, usually by making the inside of the neuron more negative.