Answer:
The correct answer to the following question will be "The Wealth of the Nations".
Explanation:
- Adam Smith, a writer wrote a book recognized as Wealth of Nations to spread the values of entrepreneurship as well as international enterprise during the year 1776.
- He believed that the United States would unquestionably foster a more stable and successful as well as continuing to grow financial status for anyone who could do it adequately.
So that the above would be the right answer.
Answer:
some firms will exit from the market
Explanation:
Roger owns a small health store that sells vitamins in a perfectly competitive market. If vitamins sell for $12 per bottle and the average total cost per bottle is $12.50 at the profit-maximizing output level, then in the long run <u>some firms will exit from the market</u>
A perfectly competitive market consist of many buyers and sellers, different products and perfect information about the price of a good.
Option A. is correct.
<u>Ordering your latest credit report</u> is the action that appeared to be the least helpful if you’ve been the victim of identity theft. Therefore, <u>the correct answer is D.
</u>
If anyone has been a victim of identity theft, then it is important for such a person to officially report or contact any of the credit reporting companies to place a fraud alert on their credit report.
<h2>Further Explanation</h2>
Identity theft is when someone intentionally steals your information and uses such information without taking your permission. In the US, identity theft has become a booming business for fraudsters
In the US, 15.4 million Americans were a victim of theft, also identity theft tops complain of the consumer to the Federal trade commission. Regardless of how careful you seem to be, you can still fall victim to identity theft.
If you are a victim of identity theft, there are things you do immediately.
Some of the steps you can take to prevent an identity thief to further commit fraud with your details include
- Report any issues concerning identity theft to the federal trade commission (FTC)
- Ensure you clean up your entire account
- Immediately contact the credit Report Company and officially place a fraud alert
- In case of Tax-related identity theft, report to the IRS
- Place a block on your credit report
- Contact the company or the backs where the fraud occurred.
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KEYWORDS:
- victim
- identity theft
- irs
- fraud
- companies
- account
Answer and Explanation:
The adjusting entry is given below:
On Dec 31,2017
Unearned Rent Revenue $25,000 ($75,000 × 4 months ÷ 12 months)
To Rent Revenue $25,000
(Being revenue earned is recorded)
Here unearned rent revenue is debited as it decreased the liability and credited the rent revenue as it increased the revenue