The answer is A stock in a start-up company
Answer and Explanation:
The journal entry is shown below:
Cash $1,050
Cash short and over $9
Sales revenue $1,059
(Being the cash collection is recorded)
Here we debited the cash as it increased the assets and credited the sales revenue as it also increased the revenue and the difference is debited to cash short and over
Answer:
His business will most likely be classified as C. Service business
Explanation:
Mondie Weller will be paid for residential landscaping services.The best classification will be a Service Business since the value the client gets varies from client to client as per their needs. Also there is no conversion of inputs into output so it will be incorrect to call it a Manufacturing Business.
Answer:
380281.69-360900.85=19380.84
Explanation:
Perpetuity present value, PV=A/rate
Ordinary Annuity present value, PV= A[(1-(1+7.1%)^40)/7.1%)]
Answer:
When it shifts inwards, it indicates that the economy is shrinking due to a failure in its allocation of resources and optimal production capability. A shrinking economy could be a result of a decrease in supplies or a deficiency in technology.
Explanation:
