On a day to day bases, as well with non harmful cleanser
Increases in government spending are not very effective in offsetting real shocks because they shift the aggregate demand.
<h2>Definition of Aggregate Demand</h2>
Aggregate demand is the value of all requests for all types of goods and services produced in a certain period. The demand value contained in this aggregate will be expressed in terms of the overall value used for these goods and services up to a more specific price level and at a certain time period.
Some things that include aggregate demand are all consumer goods, capital goods used for the production process, import-export activities, and state government spending programs. Each of these variables will be considered the same as long as they are traded at the same market value.
This aggregate demand can also be calculated over a long period of time, which is often referred to as GDP or Gross Domestic demand. If this GDP will describe the total value and also the goods produced, then aggregate demand will represent the desire for goods and services.
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Answer:
Journal Entry
Dr. Bad Debt Expense $16,835
Cr. Allowance for Doubtful Accounts $16,835
Explanation:
Allowance for Doubtful Accounts is normally has credit balance because it is a contra asset account which is adjusted against the Account Receivable. As per given data the Allowance for Doubtful Accounts has debit balance. At the end of the year this account should show the credit balance by 3.5% of Closing receivables. So, we need to adjust this debit balance and the 3.5% Allowance for the year as well.
Allowance for the year = Accounts receivable balance x 3.5% = $ 443,000 x 3.5% = $15,505
Expense for the year = $15,505 + 1,330 = $16,835
Answer: B. $12.00
Explanation:
Normally the syndicate member is to earn both the additional takedown amount as well as the selling concession should they find the customers.
If a selling group finds the customers however as was the case here, the syndicate member will only earn the additional takedown amount of $12 per bond.
Answer:
Industrial
Explanation:
The Industrial Revolution was a period of major industrialization and innovation that first took place in Great Britain and later spread throughout the world.
The first ( Great Britain) and second (American industrial revolution) industrial revolution have a direct impact in the birth of modern accounting and auditing profession as a result of the needs for accounting specialist.