They wanna be nosy and monitor everything you do
Answer:
The match is as follow
1. Posting ⇒ E. Copying data from the journal to the ledger
2. Expense ⇒ A. The cost of operating a business; a decrease in stockholders' equity
3. Debit ⇒ K. Left side of an account
4. Trial Balance ⇒ L. The book of accounts and their balances
5. Equity ⇒ F. Assets - Liabilities
6. Net Income ⇒ G. Revenues - Expenses
7. Receivable ⇒ B. Always an asset
8. Chart of Accounts ⇒ H. Lists all accounts with their balances
9. Payable ⇒ I. Always a liability
10. Journal ⇒ D. Lists a company's accounts and account numbers (no account balances in this item)
11. Normal Balance ⇒ C. Side of an account where increases are recorded
12. Ledger ⇒ J. Record of transactions
Answer:
The lump sum amount to be deposited should be $27,020.67
Explanation:
Data provided in the question:
Future value = $60,000
Time, t = 10 years
Interest rate, r = 8% = 0.08
Compounded monthly i.e number of periods n = 12
Now,
Future value = Amount deposited × 
Therefore,
on substituting the respective values, we get
$60,000 = Amount deposited × 
or
$60,000 = Amount deposited × ( 1.00667 )¹²⁰
or
$60,000 = Amount deposited × 2.220522
or
Amount deposited = $60,000 ÷ 2.220522
or
Amount deposited = $27,020.67
Hence,
The lump sum amount to be deposited should be $27,020.67
Answer:
A) Shortage, B) Fall in Price
Explanation:
A] Market is at equilibrium where - downward sloping Market Demand (inversely related to price), & upward sloping Market Supply (directly related to price) - are equal & these curves intersect each other.
Above condition gives us equilibrium price & quantity.
If market price < equilibrium price, as given case 15 < 20. Then, supply being directly related to price is lesser, demand being inversely related to price is higher. So, there is a situation of excess demand, ie <u>shortage </u>(graphically denoted by distance between demand & supply curve at actual price below equilibrium price)
B] Dealers of hybrid vehicles increase imply increase in supply of these vehicles, rightwards shift in the supply curve. This creates excess supply ie surplus of them. It implies that competition among sellers lead to <u>fall in price </u>of these hybrid vehicles.
Answer:
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