Assuming the following Adjusted Trial Balance: Adjusted Trial Balance Debit Credit Cash $24,900 Prepaid Insurance 4,000 Fixed Assets 47,000 Notes Payable $40,000 Common Stock 25,000 Retained Earnings 48,350 Dividends 23,000 Sales Revenue 156,000 Automobile Expense 26,500 Insurance Expense 20,000 Salaries Expense 122,500 Supplies Expense 1,450 $269,350 $269,350 Create the Post-Closing Trial Balance that would result, after all closing journal entries were made and posted. If an amount box does not require an entry, leave it blank

Tl & co. is following a related-linked diversification strategy, and soar inc. is following a related-constrained diversification strategy. how do the two firms differ from each other? a. soar inc. generates 70 percent of its revenues from its primary business, while tl & co. generates only 10 percent of its revenues from its primary business. b. soar inc. pursues a backward diversification strategy, while tl & co. pursues a forward diversification strategy. c. tl & co. will share fewer common competencies and resources between its various businesses when compared to soar inc. d. tl & co. pursues a differentiation strategy, and soar inc. pursues a cost-leadership strategy, to gain a competitive advantage.