The Balances for the Accounts of Lance's Consulting Firm, Inc

question 93

Short Answer

The balances for the accounts of Lance's Consulting Firm, Inc. for the year ended December 31 are shown below. Each account shown had a normal balance.
$$\begin{array} { l r l r } \text { Accounts payable } & \$ 6,400 & \text { Wages expense } & \$ 35,000 \\\text { Accounts receivable } & 7,000 & \text { Rent expense } & 5,000 \\\text { Cash } & 10,000 & \text { Retained Earnings } & 68,700 \\\text { Office Supplies } & 1,000 & \text { Land } & 53,000 \\\text { Building } & 99,000 & \text { Unearned Revenue } & 7,000 \\\text { Supplies expense } & 15,000 & \text { Dividends } & 20,000 \\\text { Consulting Revenue } & 150,000 & \text { Common Stock } & 12,900\end{array}$$
Calculate the Debt Ratio.

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The act of intentionally reducing or stopping communication with others as a response to conflict or discomfort.

Communication Disruption

A breakdown or failure in the exchange of information between entities, leading to misunderstandings or loss of opportunities.

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The practice of intentionally avoiding communication to reduce anxiety, conflict, or other negative outcomes.

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The overabundance of messaging or information-sharing that can lead to misunderstandings or feeling overwhelmed.