The fiscal year-end unadjusted trial balance for nelson company is found on the trial balance tab. rent expense and salaries expense are equally divided between selling activities and the general and administrative activities. nelson company uses a perpetual inventory system. descriptions of items that require adjusting entries on january 31, 2016, follow. a. store supplies still available at fiscal year-end amount to $1,750. b. expired insurance, an administrative expense, for the fiscal year is $1,400. c. depreciation expense on store equipment, a selling expense, is $1,525 for the fiscal year. d. to estimate shrinkage, a physical count of ending merchandise inventory is taken. it shows $10,900 of inventory is still available at fiscal year-end.

answer; ( prices are sticky);

whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

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