Answer:
Accounting information identifies, records and communicates information about a business.
Explanation:
The accounting information identified the business records and communicate the business information to the insiders and outsiders also it does not have any effect on everyone except the stakeholders. In addition to this, it is not depend upon the valuation made for the stock market
So as per the given situation, the above statement should be correct
Answer:
private saving does not change and public saving increases
Explanation:
given data
household saving decreases = $4 million
business saving increases = $4 million
government budget deficit decreases = $4 million
solution
as we know Budget deficit = G - T
and
public saving = T- G
so here we can say deficit decreased means the public saving increased
and
here Private saving is = sum of saving of households + sum of saving of businesses ....................1
Private saving = -4 + 4
Private saving = 0
so that here private saving does not change
private saving does not change and public saving increases
Reviews give you word-of-mouth accounts of how other customers used a product or experienced a service so you can evaluate how it fits with your purchase goals better.
Answer:
May-15. Dr Merchandise inventory 40000
Cr Accounts payable 40000
( To record purchase of inventory)
May-17. Dr Merchandise inventory 310
Cash 310
(To record payment of freight of shipment)
May-20. Dr Accounts payable 800
Cr Merchandise inventory 800
( To record purchase return of inventory)
May-24. Dr Accounts payable (40000-800) 39200
Cr Cash 39200
( To record payment in full of inventory purchase)
The answer to fill in the blank would be C) Self-evaluation.
