Nouvelle cuisine
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Answer:
Date Account Titles Debit Credit
Oct 1 Cash $16,800
Common Stock $16,800
Oct 2 No journal entry - -
Oct 3 Office Furniture $2,500
Accounts Payable $2,500
Oct 6. Accounts Receivable $3,
400
Service Revenue $3,400
Oct 27 Accounts Payable $1,100
Cash $1,100
Oct 30 Salaries Expense $2,650
Cash $2,650
Answer:
The best future earnings outcome would come from getting the official degree even if you do not attend any classes.
In the labor market, a degree from the world's best university holds great prestige and increases enormously the possibilities of being hired to high-paying jobs. However, you should make sure that you actually take the courses that you are supposed to have learned while "attending".
The other option is worse because while you would easily be able to demonstrate knowledge and competence, few companies would even consider to hire you if you do not hold a degree.
Answer:
$12,000
Explanation:
According to the accrual accounting method, the reporting of the transactions should be performed on an accrual basis which means whether or not the payment is paid but it is reported in the account books.
The revenue should be recorded when it is earned or realized and the expenses are recorded when it is incurred
So, in the given scenario, the amount based on accrual basis sales would be
= Goliath sold goods to customers on account + Goliath also sold goods to customers for cash
= $10,000 + $2,000
= $12,000
Answer:
import, subtract. export, added
Explanation:
The GDP equation is given by GDP = C + I + G + (X – M) where C is consumption, I investment, G is government expenditures and M are imports.
Since the bottle of wine was produced in France it had to be imported to Honduras to be consumed, imports enters the GDP equation with a minus sign. This implies imports are subtracted from the GDP equation. For a box of Honduras cigars to be consumed in Canada they had to be exported there, so these are counted as exports with enter the GDP equation with a plus sign. So exports are added.
