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1 year ago

Which consideration must a society address when deciding for whom to produce a potentially scarce or limited resource?

1 answer:

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The question "Who has the greatest need?" must be considered by the society when deciding for whom to produce on a potentially scarce or limited resource.

<h3>What is the whom to produce?</h3>

As part of an economic problem, this refers to problem of distribution of final product.

Thus, the question "Who has the greatest need?" must be considered by the society when deciding for whom to produce while deciding who to produce a potentially scarce or limited resource for.

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Porter Incorporated issued $210,000 of 6 percent, 10-year, callable bonds on January 1, Year 1. The bonds were issued at their f

pshichka [43]

Answer:

Jan. 1

Dr Cash $210,000

Cr Bonds Payable $210,000

Dec. 31

Dr Loss on Bond Redemption $4,200

Bonds Payable $210,000

Cr Cash $214,200

Explanation:

Porter Incorporated Journal entries

Jan. 1

Dr Cash $210,000

Cr Bonds Payable $210,000

Dec. 31

Dr Loss on Bond Redemption $4,200

Bonds Payable $210,000

Cr Cash $214,200

(102%×$210,000=$214,200)

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3 years ago

A___ warranty promises replacement or refund for defective products.

alukav5142 [94]

Answer:

A written warranty promises replacement or refund for defective products.

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2 years ago

Andy, who is part of fritz's project team, has been making a mistake repeatedly. instead of submitting his work to fritz for rev

AURORKA [14]

The answer is A

A.Fritz describes what the problem is and what the new behavior should be (Apex)

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3 years ago

Read 2 more answers

Trinkle Co., Inc. made several purchases of long-term assets in Year 1. The details of each purchase are presented here.

Orlov [11]

Answer:

New Office Equipment $42,863

Basket Purchase Of Copier, Computer, Scanner $61,500

Land For New Warehouse $310,050

Explanation:

Calculation to determine the amount of cost to be capitalized in the asset accounts

NEW OFFICE EQUIPMENT

Amount of cost to be capitalised in the asset accounts = $41,900*0.98+$860+$510+$431

Amount of cost to be capitalised in the asset accounts =$41,062+$860+$510+$431

Amount of cost to be capitalised in the asset accounts =$42,863

BASKET PURCHASE OF COPIER, COMPUTER AND SCANNER

Amount of cost to be capitalised in the asset accounts = $22,755 + $6,765 + $31,980

Amount of cost to be capitalised in the asset accounts= $61,500

LAND FOR NEW WAREHOUSE with an old building torn down

Amount of cost to be capitalised in the asset accounts = $82,400 + $4,750 - $1,800 + $7,700 + $217,000

Amount of cost to be capitalised in the asset accounts = $310,050

Therefore The Amount of cost to be capitalised in the asset accounts are:

New Office Equipment $42,863

Basket Purchase Of Copier, Computer, Scanner $61,500

Land For New Warehouse $310,050

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3 years ago

[The following information applies to the questions displayed below.] Vail Resorts, Inc., owns and operates five premier year-ro

Sphinxa [80]

Answer:

JOURNAL ENTRIES

01 Dec Debit bank $2,900,000 Credit Note payable $2,900,000

31 Dec Debit Snowplow $95,000 Credit Bank $95,000

c) Debit inventory $31,000 Credit Accounts Payable $31,000

d) Debit Maintenance expense $55,000 Credit Bank $55,000

e)Debit Bank $378,000 Credit Season Passes $378,000

f) Debit Accounts receivables $740 Credit Revenue $740

g) Debit Cost of sales $420 Credit Inventory $420

h) Debit Bank $260,000 Credit Daily lift passes $260,000

i) Debit Bank $2,200 Credit refundable deposit $2,200

j) Debit Accounts payable $15500 Credit Bank $15,500

k) Debit Bank $410 Credit Accounts receivables $410

l) Debit Salaries and Wages $264,000 Credit Bank $264,000

Explanation:

1. Prepare journal entries for each transaction. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

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3 years ago