Answer:
Increase the aggregate demand. This means, that the total demand for goods and services within a particular market will increase
Explanation:
The future expectations of an improving economy increase the aggregate demand. This means, that the total demand for goods and services within a particular market will increase as there is more trust in the market.
The rise in the income is another important factor for the aggregate demand to increase. With improving expectations the consumers will think that they income will improve and therefore their consumption levels.
The two functions of financial accounting are to measure business activities and prepare tax returns. FALSE
<h3>
What is a Tax return?</h3>
- A tax return is a document submitted to a taxing body that lists earnings, outlays, and other pertinent financial data.
- Taxpayers compute their tax liabilities, set up tax payments, and request refunds for overpaid taxes on their tax returns.
- Tax returns must typically be filed yearly.
- In the United States, tax returns including data necessary to compute taxes are filed with the Internal Revenue Service (IRS) or with the state or local tax collecting agency (Massachusetts Department of Revenue, for instance).
- The IRS or another applicable authority's forms are often used to complete tax returns.
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The life insurance policy in which death benefits last a lifetime but premiums are all paid after a specified time period is a limited-pay whole life policy.
As a result of Z best recording the transaction by increasing cash and decreasing stockholders' equity, the result would be The accounting equation is out of balance, SE is understated, contributed capital is understated,
<h3>What happens when stock is incorrectly recorded?</h3>
When Z Best issued common stock, they should have increased cash and increased stockholders equity.
Because they did not do that, they made the stockholders equity understated and the contributed capital as well. As a result of this, the accounting equation will not balance:
Assets = Equity + Liabilities
The accounting equation will not balance because assets will be more than the sum of equity and liabilities.
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