Gateway Ltd sets up a company and in the first nine days of trading the following transactions occurred 1 January They issue $10,000 share capital for cash
2 January They purchase goods for $4,000 and pay by cheque
3 January They buy delivery van for $2,000 and pay by cheque
4 January They purchase $1,000 of goods on credit
5 January They sell goods for $1,500 cash
6 January They sell all remaining goods for $5,000 on credit
7 January They pay $800 to suppliers by cheque
8 January They pay rent of $200 by cheque
Required
a) Complete the relevant ledger accounts
b) Extract a trial balance

Marketing1. suppose the average price for a new disposable cell phone is $20, and the total market potential for that product is $4 million. topco, inc. has a planned market share of 10 percent. how many phones does topco have the potential to sell in this market? 20,0002. use the data from question 3 to calculate topco, inc.'s planned market share in dollars. $400,0003. atlantic car rental charges $29.95 per day to rent a mid-size automobile. pacific car rental, atlantic's main competitor, just reduced prices on all its car rentals. in response, atlantic reduced its prices by 5 percent. now how much does it cost to rent a mid-size automobile from atlantic? $28.45

Sam and diane are completing their federal income taxes for the year and have identified the amounts listed here. how much can they rightfully deduct? • agi: $80,000 • medical and dental expenses: $9,000 • state income taxes: $3,500 • mortgage interest: $9,500 • charitable contributions: $1,000.

Alaska king crab fishing in the 1960s and '70s was a dangerous but rich fishery. boats from as far away as california and japan braved the treacherous gulf of alaska crossing to reach the abundant king crab beds in cook inlet and bristol bay. suddenly, in the early 1980s, the fishery crashed due to over fishing. all crabbing in those areas ended. to this day, there is no crabbing in bristol bay or cook inlet. a. how would an economist explain the decline of the alaska king crab fishery