Answer:
C. Relevant range of production
Explanation:
Answer:
The central government is, essentially, the public body in charge of managing the nation's resources and controlling compliance with the laws. In other words, it applies its power within the entire national territory, but in turn delegating certain powers to state and local governments, which have a much stronger contact with the population of cities and states. Thus, within the regional development process in each nation, local and state governments are the main executors of development policies, but with the supervision and guidance of central governments.
Answer:
accrual method = $4000
cash method = $12000
Explanation:
given data
rent = $1000
time = 12 month
to find out
maximum amount of rent
solution
we know from 1 September mika start paying rent
so September to December = 4 months
so by accrual method
accrual method = rent × time
accrual method = 1000 × 4
accrual method = $4000
and
by cash method
cash method = rent × time
cash method = 1000 × 12
cash method = $12000
Answer:
Requirement: <em>Prepare journal entries to: (a) Accrue the salaries payable on December 31, b) Close the Salaries Expense account on December 31 (the account has a year-end balance of $250,000 after adjustments), (c) Record the salary payment on January 7</em>
Date Accounts title and Explanation Debit Credit
31-Dec Salaries expense $1,880
Salaries Payable $1,880
(To record accrued salaries )
31-Dec Retained Earnings $250,000
Salaries Expense $250000
(To close salaries expense account)
07-Jan Salaries Payable $1,880
Salaries expense $2,920
Cash $4,800
(To record payment of salary)
Producers, as define in economics, as the person who makes the commodity ready for the market. This are people who manufacture raw materials to make it something that others are demanding or wanted. They are somewhat part of the supply side of the economy.
