This question is true, as business continue to prosper and grow. Many investors would want to invest into a stock market like a gamble or a faster way to gain more money, based on how you trust your stock market.
Answer: d
Explanation:
All of the answers are correct.
Money is defined as a legal tender or something which is generally accepted as a means of payment for goods and services . This brings us to the characteristics of money which includes :
durability, portability, divisibility, uniformity, limited supply, and acceptability. All of these were stated in the options given in the question above hence all the answers are correct.
This is a kind of economic policy used to contest inflation which includes decreasing the money supply in order to raise the cost of borrowing which in order decreases GDP and reduces inflation. This leads to disinflation and creates the short-run Phillips curve move to the left. So the answer is A.
Answer:
Dec. 31
Dr Bonus expense $50,000
Cr Bonus payable $50,000
Explanation:
Preparation of the December 31 adjusting entry for Bayer.
Based on the information given we were told that they agreed to provide a bonus of the amount of $50,000 to its employees which will be equally shared by all of them in which The bonus will be paid in January which means that the journal entry will be:
Dec. 31
Dr Bonus expense $50,000
Cr Bonus payable $50,000