Answer:
The journal entry to record this transaction is as follows:
On March 15,
Accounts Receivable
−
J. Anthony A/c Dr. $1,600
Accounts Receivable
−
A. Martin A/c Dr. $4,200
Accounts Receivable
−S. Lee A/c Dr. $1,500
To service revenue $7,300
(To record the accounts receivables)
Answer
The answer and procedures of the exercise are attached in a microsof excel document.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
The mixture amount of products and offerings demanded modifications because the fee degree falls because it results in a upward push in actual wealth, a fall in hobby fees.
The required details for hobby fees in given paragraph
An hobby fee is the quantity of hobby due consistent with duration, as a share of the quantity lent, deposited, or borrowed. The general hobby on an quantity lent or borrowed relies upon at the predominant sum, the hobby fee, the compounding frequency, and the period of time over which it's far lent, deposited, or borrowed. The annual hobby fee is the fee over a duration of 1 year. Other hobby fees practice over extraordinary periods, which include a month or a day, however they're usually annualized.
The hobby fee has been characterized as "an index of the preference . . . for a greenback of gift over a greenback of destiny income." The borrower wants, or needs, to have cash quicker as opposed to later, and is inclined to pay a fee—the hobby fee—for that privilege.
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Answer:
the law of comparative advantage
Explanation:
C) Credit card is an electronic card directly connected to a checking account
