B. False. More real-world, relevant and important ideas to keep in mind when shopping for shoes and clothes are the associated quality of the manufacturer, which could be a brand name. Also, of utmost importance is the overall quality of the product with relation to its cost. The size of the item is also important. Do not buy an overpriced item, that does not fit properly and is made of cheap materials that quickly break.
Explanation:
in acapitalist economy, the government acts as regulatory and complementary body.
Answer:
Decrease of $18,000
Explanation:
As there is a payment of dividend so it would reduce the stockholder equity by $50,000
And, there is an increase in account receivable for rendering the service that means the service revenue would increased so the stockholder equity would increased by $32,000
Now the net effect would be
= -$50,000 + $32,000
= -$18,000
Answer:
Supplies expense..............Dr $1,200
Supplies $1,200
Explanation:
Supplies purchased is $1,500
Ending inventory of supplies = $300
Inventory used during the period = 1,500 - 300
= $1,200
The journal entry passed to record supplies used:
Particulars Debit Credit
Supplies expense $1,200
Supplies $1,200
(To record supplies used during
the period)