Trading or Marketing guides/instructions
The appropriate journal entry is:Debit Cash $1313; debit Sales Discount $39; credit Accounts Receivable $1352.
<h3>Journal entry</h3>
Based on the information given the correct entry to record this transaction is:
Debit Cash $1313
{$1300+[($1300×4%)-($1300×3%)]}
[$1300+($52-$39)]
Debit Sales Discount $39
($1300×3%)
Credit Accounts Receivable $1352
[$1300 + ($1300×4%)]
Inconclusion the appropriate journal entry is:Debit Cash $1313; debit Sales Discount $39; credit Accounts Receivable $1352.
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Answer:
b. Market share ratio
Explanation:
When the sizes of firms of a particular sector/market are being compared, a common basis for comparison is on the basis of total sales, a larger firm will have a higher ratio of total sales in the sector.
The "concentration ratio" is derived from the market shares. It gives the sum of market shares of the few largest firms in the sector, and is a measure of market power. It is not the correct choice in this case.
Answer:
d. more consumer goods can only be produced at the cost of fewer capital goods.
Explanation:
The production possibility curve is a curve that shows the two combinations of goods and services produced in an economy when its resocurces are fully employed.
To increase the production of one good, more quantity of the other good has to be given up.
The opportunity cost of production increases as more quantity of one good is produced.
In this question, to produce more consumer goods, fewer capital goods would be produced.
I hope my answer helps you
The position of the aggregate demand curve will be uncertain because increased government spending would shift the AD curve to the right while the autonomous policy tightening shifts the AD curve to the left.
<h3>What is an
increased government spending?</h3>
This government action are used to increase production and to recover fast from recessions through use of increased government spending to raises aggregate demand and increases consumption.
However, the position of the aggregate demand curve will be uncertain because this increased government spending.
Read more about government spending
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