Toby Toy Store has noticed the following items that need to be considered for its income statement for the year ended December 31, 2019:
• Commissions of $3,000 for salespeople who made sales in December will be paid January 3, 2020.
• The phone bill of $400 for December was received and will be paid January 20, 2020.
• The store rent of $2,000 for January 2020 was paid on December 28, 2019.
• At the beginning of November, Toby paid $1,500 for advertising in a monthly magazine that is distributed in November and December of 2019, and January of 2020.
What is the proper amount of expenses to be included in the income statement for the year?

The amberssen specialty company is a chain of twelve retail stores that sell a variety of imported gift items, gourmet chocolates, cheeses, and wines in the toronto area. amberssen has an is staff of three people who have created a simple but effective information system of networked point-of-sale registers at the stores and a centralized accounting system at the company head- quarters. harry hilman, the head of amberssens is group, has just received the following memo from bill amberssen, sales director (and son of amberssen’s founder). harry—it’s time amberssen specialty launched itself on the internet. many of our competitors are already there, selling to customers without the expense of a retail storefront, and we should be there too. i project that we could double or triple our annual revenues by selling our products on the internet. i’d like to have this ready by - giving, in time for the prime holiday gift-shopping season. bill after pondering this memo for several days, harry scheduled a meeting with bill so that he could clarify bill’s vision of this venture. using the standard con- tent of a system request as your guide, prepare a list of questions that harry needs to have answered about this project.

During which of the following phases of the business cycle does the real gdp fall? a. trough b. expansion c. contraction d. peak

What is the sequence of events that could lead to trade surplus