Selected balance sheet information for the wolf company at november 30, and december 31, 2018, is presented below. the company uses the perpetual inventory system and all sales to customers are made on credit. nov. 30 debits credits dec. 31 debits credits accounts receivable prepaid insurance inventory accounts payable salaries and wages payable 9, 400 4,400 6, 400 2,400 6,900 5,400 11,400 4,400 14,400 2,400.

the following cash flow information also is available:

a. cash collected from credit customers, $74,000

b. cash paid for insurance, $4,400

c. cash paid to suppliers of inventory, $54,000 (the entire accounts payable amounts relate to inventory purchases)

d. cash paid to employees for salaries and wages, $9,400

required: determine the following for the month of december 2. prepare summary journal entries to record the month's sales and cost of those sales.

all of them make sense but, i would have to say ask someone who has been there/or lives there, and/or read recent newspapers from that city.

hope this !

answer; (a) searching for information can be done quickly;

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.