Following errors occurred in posting from a two-column journal: A credit of $7,240 to Accounts Payable was not posted.
An entry debiting Accounts Receivable and crediting Fees Earned for $9,300 was not posted.
A debit of $1,250 to Accounts Payable was posted as a credit.
A debit of $1,030 to Supplies was posted twice.
A debit of $1,700 to Cash was posted to Miscellaneous Expense.
A credit of $270 to Cash was posted as $720. A
A debit of $4,720 to Wages Expense was posted as $4,270.

Considering each case individually (i. e., assuming that no other errors had occurred):

a. Indicate by "yes" or "no" whether the trial balance would be out of balance.
b. If the answer to (a) is "yes", indicate the amount by which the trial balance totals would differ.

What is the most important type of decision that the financial manager makes?

On january 1, 2017, fisher corporation purchased 40 percent (90,000 shares) of the common stock of bowden, inc. for $980,000 in cash and began to use the equity method for the investment. the price paid represented a $48,000 payment in excess of the book value of fisher's share of bowden's underlying net assets. fisher was willing to make this extra payment because of a recently developed patent held by bowden with a 15-year remaining life. all other assets were considered appropriately valued on bowden's books. bowden declares and pays a $90,000 cash dividend to its stockholders each year on september 15. bowden reported net income of $400,000 in 2017 and $348,000 in 2018. each income figure was earned evenly throughout its respective year. on july 1, 2018, fisher sold 10 percent (22,500 shares) of bowden's outstanding shares for $338,000 in cash. although it sold this interest, fisher maintained the ability to significantly influence bowden's decision-making process. prepare the journal entries for fisher for the years of 2017 and 2018. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field. do not round intermediate calculations. round your final answers to the nearest whole dollar.)

Use this image to answer the following question. when the economy is operating at point b, the us congress is most likely to follow