The monks, a minor league baseball team, prepare financial statements on a monthly basis. their season begins in april, but in march the team engaged in the following transactions:

(a) paid $240,000 to san diego as advance rent for use of san diego stadium for the six month period april 1 through september 30.
(b) collected $480,000 cash from sales of season tickets for the team’s 20 home games. this amount was credited to unearned ticket revenue.

during the month of april, the monks played five home games and four road games.

prepare the adjusting entries required at april 30 for the transactions above. (credit account titles are automatically indented when the amount is entered. do not indent manually. if no entry is required, select "no entry" for the account titles and enter 0 for the amounts.)

no.
account titles and explanation
debit
credit
(a)

Which of the following statements is correct? a) due to limited liability, unlimited lives, and ease of ownership transfer, the vast majority of u.s. businesses (in terms of number of businesses) are organized as corporationsb) most businesses (by number and total dollar sales) are organized as proprietorships or corporation. however, if the business gets very large, it becomes advantageous to convert to a corporation, primarily because corporations have important tax advantages over proprietorships and partnerships.c) due to legal considerations related to ownership transfers and limited liability, which affect the ability to attract capital, most business (measured by dollar sales) is conducted by corporations in spite of large corporations' less favorable tax treatmentd) large corporations are taxed more favorably than proprietorshipse) corporate stockholders are exposed to unlimited liability

How does your household gain from specialization and comparative advantage? (what is produced, what is not produced yet paid to a specialist to produce? )

Drag each label to the correct location on the image determine which actions by a manager are critical interactions - listening to complaints - interacting with customers - responding to complaints - assigning staff duties -taking action to address customer grievances -keeping track of reservations