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garik1379 [7]
2 years ago
15

( b ) explain five circumstances under which a high population growth may be desirable ​

Business
1 answer:
statuscvo [17]2 years ago
7 0

Answer:

There is a need to increase the demand in market for both goods and services.

There is a need to attract foreign investors

As societies modernize, mortality rates fall while birth rates remain high leading to high population growth rates.

Higher population growth may be beneficial in high-income countries where there is currently a tendency for population growth rates to decline

Development in agriculture, better techniques to grow more and better quality food.  Food available at all the times due to better storage conditions. So people do not die of starvation when food is not available.

Explanation:

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The accrual basis of accounting states that “expenses are matched with related revenues and are reported when the expense is incurred, not when cash changes hand”. Therefore, adjusting entries are required because of the matching principle in accounting.

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Under a perpetual inventory system, acquisition of merchandise for resale is debited to the Cost of Goods Sold account. the Supp
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C. the Inventory account.

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Under a perpetual inventory system, acquisition of merchandise for resale is debited to the Inventory account.

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Which of these is not one of the basic functions of the management​ process?
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Explanation:

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The ____ shows an organization's profit over a period of time.
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Your answer should be -Income statement.
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3 years ago
Read 2 more answers
Case X: Compute cash received from customers:
Inessa05 [86]

Answer:

Sahim Company

Case X: Cash received from customers = $508,600

Case Y: Cash paid for rent = $141,400

Case Z: Cash paid for merchandise = $481,500

Explanation:

a) Data and Calculations:

Case X: Compute cash received from customers:

Sales $ 515,000

Accounts receivable, December 31, 2013 27,200

Accounts receivable, December 31, 2014 33,600

Case Y: Compute cash paid for rent:

Rent expense $ 139,800

Rent payable, December 31, 2013 7,800

Rent payable, December 31, 2014 6,200

Case Z: Compute cash paid for merchandise:

Cost of goods sold $ 525,000

Merchandise inventory, December 31, 2013 158,600

Accounts payable, December 31, 2013 66,700

Merchandise inventory, December 31, 2014 130,400

Accounts payable, December 31, 2014 82,000

Case X: Cash received from customers:

Accounts receivable

Account Titles                    Debit      Credit

Sales                               $ 515,000

December 31, 2013             27,200

December 31, 2014                           $33,600

Cash received                                  508,600

Case Y: Cash paid for rent:

Rent Payable

Account Titles                    Debit      Credit

Rent expense                             $ 139,800

December 31, 2013                           7,800

December 31, 2014          $6,200

Cash paid                         141,400

Case Z: Cash paid for merchandise:

Cost of goods sold                                        $ 525,000

Merchandise inventory, December 31, 2014   130,400

Merchandise inventory, December 31, 2013 (158,600)

Purchases during 2014                                $ 496,800

Accounts payable

Account Titles                           Debit      Credit

December 31, 2013                                $66,700

Purchases during 2014                          496,800

December 31, 2014                $82,000

Cash paid for merchandise    481,500

3 0
3 years ago
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