Answer:
Inflation is an increase in the general price level in an economy. It is probably caused by the relative increase in the amount of money in relation to the available economic production. If the social money supply increases and the country's production is not matched, the average price level will rise due to the increased demand for goods. Due to the price increases, the value of money, the purchasing power of money, decreases. You can buy less for the same amount, thus lowering demand.
Answer:
You should answer to a couple of questions as folows:
Explanation:
Could I see myself using it?
Could I see someone else using it?
Does it improve something that already exists in a big way? Uber, for instance, made finding a taxi much easier
Are you aiming at folks who are likely to adopt? Mobile users, for instance, are a lot more likely to try something new than people who only use Windows 10 :)
Answer:
DR Allowance for Doubtful Accounts 2,000
CR Accounts Receivable—A. Hopkins 2,000
Explanation:
Because Gideon uses the allowance method, when a debt is written off, it will be written off from the allowance that was created for doubtful debts instead of directly to the bad debt account.
Accounts Receivable will be credited to show that it is decreasing and Allowance for Doubtful debt will be debited because expenses are debited when they increase.
