Answer:
Explanation:
Journal entry : The journal entry shows the debit and credit side of the accounts. Here, debit means the expenditures which are incurred by the company whereas credit represent the incomes or revenue.
The journal entry for both the transactions is as follows:
1. March 28 - Drawings A/c Dr $2,600
To Cash A/c 2,600
Here for personal use, the drawing account should be used.
2. September 1 - Bank Account Dr $49,000
To Cash $49,000
Here, the bank balance is increase, whereas the cash balance is decreased.
Answer:
Investing activity
Explanation:
Investing activities: It reports activities that involves buying and selling long-term assets. The buying or acquiring or purchasing is a cash outflow whereas the sale is a cash inflow
Since in the given situation, the purchase of a new copy machine would be reflected under the investing activity as it is to be shown with the negative sign due to outflow of the cash
Answer: Common barriers to entry include special tax benefits to existing firms, patent protections, strong brand identity, customer loyalty, and high customer switching costs. Other barriers include the need for new companies to obtain licenses or regulatory clearance before operation.
Explanation: make me brainliest .
Answer:
A. market-oriented
Explanation:
Market - oriented -
It is the practice in the business , where them likes , dislikes and need are considered during manufacturing any goods and services , in order to make the consumer happy , is referred to as market - oriented .
This marketing strategy focus on the consumers only.
In this case , the consumers are considered to be the king , and the goods and services are designed according to their wish,
Hence, from the given scenario of the question,
The correct term from the given options is A. market-oriented .
Answer:
The correct answer is letter "A": maximizing profits is the primary objective of a firm.
Explanation:
Business private ownership mainly focuses on providing a good or service to a specific or diverse market with the ultimate goal of maximizing profits. Revenue is the reason why those companies exist. On the other hand, state property has the objective of protecting jobs and minimizing social issues.