Deborah Consultants had the following accounts and account balances after adjusting entries.Assume all accounts have normal balances.Calculate the amount of service revenue and prepare the adjusted trial balance for Deborah Consultants as of December 31,2019.
Definitions:
Paid Vacation Time
Employment benefits allowing employees a certain period of paid leave from work for rest, recreation, or personal matters.
Public Holidays
Legally recognized days of celebration or remembrance that usually result in a pause of regular business operations and work activities across the country.
Fair Labor Standards Act
A United States law that creates the right to a minimum wage, and "time-and-a-half" overtime pay when people work over forty hours a week, and prohibits the employment of minors in "oppressive child labor."
Overtime Pay
Additional compensation awarded to employees who work beyond their scheduled hours, as mandated by employment laws.
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