Prepare the Closing Entries

question 99

Essay

Prepare the closing entries.
David's, Inc.
Trial Balance
December 31
$\begin{array}{|l|l|l|}\hline & \text { Debit } & \text { Credit } \\\hline \text { Cash } & \$ 21 & \\\hline \text { Accounts Receivable } & 39 & \\\hline \text { Equipment } & 175 & \\\hline \text { Accounts Payable } & & \$ 27 \\\hline \text { Capital Stock } & & 117 \\\hline \text { Retained Earnings } & & 39 \\\hline \text { Dividends } & 13 & \\\hline \text { Service Revenue } & & 203 \\\hline \text { Salaries Expense } & 95 & \\\hline \text { Depreciation } & 27 & \\\hline \text { Advertising Expense } & \underline{16} & \\\hline&\$386&\$386\\\hline\end{array}$

Recognize the role and powers of various entities in the prosecution of crimes.

Understand the legal protections against the misuse of evidence and the procedural safeguards in place for defendants.

Distinguish between misdemeanors, felonies, and non-criminal wrongs.

Understand the concept of target markets and their significance in marketing efforts.

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Definitions:

Observers

Individuals who watch, monitor, or record the behavior or data in a study, without intervening or interacting with the subjects.

Coding system

A method or protocol used in research for categorizing, labeling, or encoding information to facilitate analysis.

Systematic observation

A structured method of data collection where the researcher carefully observes and records behavior according to a set of predefined criteria.

Reliability

Refers to the consistency and dependability of a measurement tool or test over time.