Journalize transactions, post transactions to t-accounts, and prepare trial balance. ap beyers corporation provides security services. selected transactions for beyers are presented below. oct. 1 issued common stock in exchange for $66,000 cash from investors. 2 hired part-time security consultant. salary will be $2,000 per month. first day of work will be october 15. 4 paid 1 month of rent for building for $2,000. 7 purchased equipment for $18,000, paying $4,000 cash and the balance on account. 8 paid $500 for advertising. 10 received bill for equipment repair cost of $390. 12 provided security services for event for $3,200 on account. 16 purchased supplies for $410 on account. 21 paid balance due from october 7 purchase of equipment. 24 received and paid utility bill for $148. 27 received payment from customer for october 12 services performed. 31 paid employee salaries and wages of $5,100. instructions (a) journalize the transactions. do not provide explanations. (b) post the transactions to t-accounts. (c) prepare a trial balance at october 31, 2017.

Nell and kirby are in the process of negotiating their divorce agreement. what should be the tax consequences to nell and kirby if the following, considered individually, became part of the agreement? a. in consideration for her one-half interest in their personal residence, kirby will transfer to nell stock with a value of $200,000 and $50,000 of cash. kirby's cost of the stock was $150,000, and the value of the personal residence is $500,000. they purchased the residence three years ago for $300,000.nell's basis for the stock is $ xkirby's basis in the house is $ xb. nell will receive $1,000 per month for 120 months. if she dies before receiving all 120 payments, the remaining payments will be made to her estate. the payments (qualify, do not qualify) as alimony and are (included in, excluded from) nell's gross income as they are received. c. nell is to have custody of their 12-year-old son, bobby. she is to receive $1,200 per month until bobby (1) dies or (2) attains age 21 (whichever occurs first). after either of these events occurs, nell will receive only $300 per month for the remainder of her life.$ x per month is alimony that is (included in, excluded from) nell's gross income, and the remaining $ x per month is considered (child support, property settlement) and is (nontaxable, taxable) to nell.

Label each of the following statements true, false, or uncertain. explain your choice carefully. a. workers benefit equally from the process of creative destruction. b. in the past two decades, the real wages of low-skill u. s. workers have declined relative to the real wages of high-skill workers. c. technological progress leads to a decrease in employment if, and only if, the increase in output is smaller than the increase in productivity. d. the apparent decrease in the natural rate of unemployment in the united states in the second-half of the 1990s can be explained by the fact that productivity growth was unexpectedly high during that period.

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