The Following Is the Adjusted Trial Balance as of December

question 189

Essay

The following is the adjusted trial balance as of December 31,2019 of Brooks Design Studio:
$\begin{array}{|l|r|r|r|}\hline\text { Account }&\text { Debit } & \text { Credit }\\\hline \text { Cash } & \$ 1,700& \\\hline \text { Accounts Receivable } & 8,500 & \\\hline \text { Supplies } & 100 & \\\hline \text { Equipment } & 7,500 \\\hline \text { Accumulated Depreciation-Equipment } & &\$2,000\\\hline \text { Accounts Payable } & &1,200 \\\hline \text { Salaries Payable } & & 800 \\\hline \text { Unearned Revenue } & &600 \\\hline \text { Bravo, Capital } &&3,400 \\\hline \text { Bravo, Withdrawals } & 2,300& \\\hline \text { Service Revenue } & &40,000 \\\hline \text { Salaries Expense } &24,000 & \\\hline \text { Supplies Expense } &2,300\\\hline \text { Depreciation Expense-Equipment } &1,600 \\\hline \text {Total}& \$ 48,000 & \$ 48,000 \\\hline\end{array}$ Prepare the closing entry for expenses.Omit explanation.

Understand the role of cultural studies in examining material culture.

Explore the effects of cultural shock and how it highlights cultural differences.

Comprehend the relationship between culture and values in society.

Describe the influence of social media on cultural expressions and connections.

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Definitions:

Fair Labor Standards Act

U.S. legislation aimed at protecting workers against unfair pay and excessive working hours, establishing minimum wage and overtime pay guidelines.

Personal Breaks

Short periods of time during the workday that employees are allowed to take for personal needs, not including lunch breaks.

Compensate Employees

This refers to the various ways an employer can provide payment or benefits to their workers for the services rendered, including salaries, wages, bonuses, and benefits.

Social Media Posts

Content created and shared on platforms like Facebook, Twitter, Instagram, etc., including text, images, and videos.