Answer:
The journal entry to record this transaction is as follows:
On March 15,
Accounts Receivable
−
J. Anthony A/c Dr. $1,600
Accounts Receivable
−
A. Martin A/c Dr. $4,200
Accounts Receivable
−S. Lee A/c Dr. $1,500
To service revenue $7,300
(To record the accounts receivables)
1. Dr Merchandise inventory 25100
Cr Accounts payable 25100
(To record purchase of inventory on account)
2. Dr Merchandise inventory 530
Cr Cash 530
( To record freight cost )
3. No entry
4. Dr Accounts payable 3600
Cr Merchandise inventory 3600
( To record purchase return)
5. Dr Accounts payable ( 25100-3600) 21500
Cr Cash 21500
(To record paid the amount due).
I believe it's Social. Sorry if i'm wrong.
Answer:
The correct answer is option B.
The correct answer is option D.
Explanation:
If the number of firms in an industry decreases, the overall market supply will decrease. This decrease in supply will cause the market supply curve to shift to the left. So the statement given in the question is false.
The cost of production is inversely related to supply. An increase in the cost of production causes supply to decline, shifting the curve to the left and vice versa.
Technology and productivity are directly related, an improvement in technology will cause the supply to increase shifting the curve to the right.
Taxes cause the supply to decrease as it is seen as a cost and it reduces the price received by the firms. This causes the supply curve to shift to the left.
Subsidies reduce the cost of production so the supply curve shifts to the left.
Firms send information about their products or services directly to a set of targeted consumers as part of viral marketing. this process is called Direct marketing.
Direct marketing is a form of advertising dedicated to individuals or companies for the purpose of generating new business, promoting an organization or product, or selling. Direct mail, telemarketing, and email marketing are common types of direct marketing.
Direct marketing is a form of sales communication in which an organization engages directly with pre-selected customers and provides a direct response method. Among medical practitioners, it is also called direct response marketing. Advertisements, on the other hand, have mass message characteristics.
Learn more about Direct marketing here: brainly.com/question/2632159
#SPJ4
