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3 years ago

What are sales transactions posted to the accounts receivable subsidiary ledger? Why?

Business

1 answer:

Eduardwww [97]3 years ago

8 0

Answer: Transactions and Payment History.

Explanation:

The general ledger records the transactions and payment history of each customer to whom the business provides credit. The balance in each client account is periodically adjusted to the stability of accounts receivable in the general ledger, to ensure accuracy. It also provides details of these sales, showing dates and account numbers, credit, payments made against credit sales, discounts and refunds and fees.

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Research an example of a monopoly in the United States economy, past or present. Construct a brief explanation of the monopoly a

a_sh-v [17]

I don't think there's anything more annoying than the ISP monopolies, specifically Comcast which has most of the US I believe. They never bother to upgrade their services only their prices and stupid cable bundle packages. I'm lucky enough to live in a large metropolitan area where a new fiber internet company just started up but before this last year there were only two ISP choices; Comcast or Century link. Suburban and rural areas typically only get one choice; expensive slow internet service from a local ISP monopoly.

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3 years ago

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In exchange for a share of the revenues earned on campus, State U has granted CheapFizz the exclusive right to sell soft drinks

evablogger [386]

Answer:

The correct answer is option D.

Explanation:

The price of a 12 ounce can of CheapFizz is 75 cents.

After a deal with State U, CheapFizz gets exclusive rights to sell soft drink on the campus.

This makes CheapFizz a monopoly firm.

A monopoly firm is a price maker and produces at the point where the marginal cost is equal to marginal revenue. At this point the output level is lower than socially optimal and the price level is higher than socially optimal.

This means that the price of CheapFizz cans will be more than 75 cents after the deal.

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3 years ago

Gains and losses can occur with pension plans when: A) Either the PBO or the return on plan assets turns out to be different tha

Rainbow [258]

Answer:

A. Either the PBO or the return on plan assets turns out to be different than expected

Explanation:

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3 years ago

The flynn company began the period with $15,000 worth of raw materials. during the period it purchased an additional $17,000 wor

BigorU [14]

I think the answer is 38,000

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3 years ago

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a. How can increases in government spending crowd out investment spending? An increase in government spending increases the use

Delvig [45]

Answer:

a. increases the real interest rate, which reduces private investment spending.

b. is not a major concern, because the Fed will likely lower the real interest rate when actual output is far below potential.

Explanation:

Increase in government spending means that the government would probably have to borrow money from the credit market. Because the government is so large, it will borrow in large amounts which would force rates to rise. At these higher rates, the private sector might find it too expensive to borrow money and so would be crowed out such that they reduce their investment spending.

When the economy is facing an output that is lower than potential, the Fed will engage in monetary policy aimed at reducing interest rates to improve investment spending. This therefore negates the effect of crowing out which means that it would no longer be a major concern.

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3 years ago