Since there now is a second store, the customers will need to be shared. This means that there are less customers in Jeff's business. Therefore the answer is D: demand for his hotdogs will decrease.
Answer:
B) Debit Sales Revenue for $7,968, debit Sales Discounts for $332, and credit Accounts Receivable for $8,300.
Explanation:
The journal entry is shown below:
Cash A/c Dr $7,968
Sales Discount A/c Dr $332
To Accounts receivable $8,300
(Being cash received recorded)
The computation of the account receivable
= Credit sales - returned goods
= $9,000 - $700
= $8,300
And, the discount would be
= Accounts receivable × percentage given
= $8,300 × 4%
= $332
The remaining amount would be credited to the cash account.
Answer:
a. True
Explanation:
The above is true because financial resources are needed to enable a business meet up with its daily activities in terms of funding. Also, physical resources are buildings, machineries and assets in general which are required to carry a business daily operations. The labor resources, which is the most important resources are the workforce that carry out the day to day operations of a business.
The right answer for the question that is being asked and shown above is that: "The government will pay firms to give some workers extra pay to increase the total economy." <span>Is it wise for a firm to employ a worker at $20 per hour when another worker does the same job for $10 per hour? </span>
