Boilermaker House Painting Company incurs the following transactions for September. 1. September 3 Paint houses in the current month for $20,000 on account.
2. September 8 Purchase painting equipment for $21,000 cash.
3. September 12 Purchase office supplies on account for $3,500.
4. September 15 Pay employee salaries of $4,200 for the current month.
5. September 19 Purchase advertising to appear in the current month for $1,000 cash.
6. September 22 Pay office rent of $5,400 for the current month.
7. September 26 Receive $15,000 from customers in (1) above.
8. September 30 Receive cash of $6,000 in advance from a customer who plans to have his house painted in the following month.

Required:
a. Post each transaction to T-accounts and calculate the ending balance for each account. At the beginning of September, the company had the following account balances: Cash, $46,100; Accounts Receivable, $1,700; Supplies, $500; Equipment, $7,400; Accounts Payable, $1,200; Common Stock, $25,000; Retained Earnings, $29,500. All other accounts had a beginning balance of zero.

b. Record each transaction. Boilermaker uses the following accounts: Cash, Accounts Receivable, Supplies, Equipment, Accounts Payable, Deferred Revenue, Common Stock, Retained Earnings, Service Revenue, Salaries Expense, Advertising Expense, and Rent Expense.
c. After calculating the ending balance of each account, prepare a trial balance.

c.

clarify customers’ doubts only when asked.

answer; someone must cover the cost associated with the provision of scarce goods in both sectors;

answermeasured by how well she or he does the job'; /

of the three mortgage options that demarco and tanya have to choose from, the balloon payment mortgage would be their best option, over adjustable payment and fixed payment plans.ultimately, the balloon payment plan would save demarco and tanya overall, in interest, would cost less monthly, and they would only have to make these payments for 8 years, opposing to 30 years for adjustable or fixed payment plans. 

overall, demarco and tanya would save $80,811 if they chose balloon payments over fixed payments, and would save $116,711 if they choose balloon payments over adjustable payments. benefits with choosing fixed payments over adjustable payments is that, in the end, the payments will still be $836.30 a month, while with adjustable payments, the initial monthly payments will be $763.38 to $1082.70 a month, ultimately leading to a more costly purchase. benefits with choosing fixed payments over balloon payments are not present. benefits in choosing adjustable payments over is that it has a lower interest rate, and starts with lower monthly payments initially. benefits in choosing adjustable payments over balloon payments include a lower interest rate, and lower initial monthly payments. benefits in choosing balloon payments over fixed payments include lower interest rates, lower overall price, lower monthly payments, takes less time to pay off, and does not require a downpayment. benefits in choosing balloon payments over adjustable payments include, lower monthly payments (when averaged), takes less time to pay off, and lower overall price.

hence, option c, balloon payments, is the best option for demarco and tanya to make this purchase, for it will save them a minimum of $80811, and a maximum of $116,711.