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Scorpion4ik [409]
2 years ago
13

Does receiving $10 increase the Owner's Equity?

Business
1 answer:
adell [148]2 years ago
6 0

When we recieve $10 in the course of doing business, it will <u>increase </u>the Owner's Equity.

<h3>How does owner's equity increase?</h3>

Owner's equity will increase when the owners of the business invest more money into it.

Equity will also increase when revenue increases. As the $10 which was received will be treated as revenue, the owner's equity will increase.

Find out more on the effect of revenue on owner's equity at brainly.com/question/14657952.

#SPJ1

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The answer is noted disclosure and effect on net<span> income.
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6 0
4 years ago
The government must mandate lower prices when beef surpluses exist; otherwise, the quantity supplied will continue to exceed the
AURORKA [14]

Answer: True

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Beef surplus in the market simply means that there's excess of beef in the market. In this case, the quantity supplied for beef is more than the quantity that the consumers demand, which means that the price at which beef is sold is more than the equilibrium price.

Due to thus reason, the government must mandate lower prices as this will help in increasing the quantity demanded of beef, reduce quantity supplied and hence, the surplus will be curtailed.

3 0
3 years ago
Cullumber Company had these transactions during the current period:
Y_Kistochka [10]

Answer:

to be honest I'm not sure

4 0
3 years ago
Which of the following is true about the Fed?
Degger [83]

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C. it has more power to affect the economy than any other institution

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The FED is probably the institution that influences the economy the most.

4 0
4 years ago
Aaron company has 80,000 shares of $10 par common stock outstanding. on may 25, aaron company declared a $1.50 cash dividend. th
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would include <u><em>a debit to cash</em></u>

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<em>thanxxxxxx</em>

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