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3 years ago

Macroeconomics, as opposed to microeconomics, includes the study of what determines the level of

1 answer:

4 0

It includes the study of employment in the economy.

A macroeconomic factor is a factor that is relevant to an expansive economy at the provincial or national level and influences a huge populace instead of a couple of select people. Macroeconomic factors, for example, financial yield, joblessness, expansion, reserve funds, and speculation are key pointers of monetary execution and are nearly checked by governments, organizations, and customers.

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On March 1, it was discovered that the following errors took place in journalizing and posting transactions: a. The receipt of $

Kitty [74]

Explanation:

The Journal Entry is given below:-

a. Cash Dr, 8400

Accounts receivable 8400

(Being the Cash received)

b. Supplies Dr, 2500

Office equipment 2500

(Being the reserve entry is recorded)

Supplies Dr, 2500

Accounts payable 2500

(Being the supply is purchased)

7 0

3 years ago

What is the typical relationship between interest rates on 6-month Treasury bills, 10-year Treasury notes, and Baa corporate

azamat

Answer:

They tend to move together over time with the corporate bond having the highest rate of interest.

6 0

4 years ago

Why are publicly traded corporations required to release financial reports on a regular basis?

sergiy2304 [10]

The correct answer is A.

In a corporation the shareholders are the owners. They are required to release the financial reports because they are entitled to transparency and need them in order to base their investment decisions on their contents.

7 0

3 years ago

Explain sole proprietorship

jonny [76]

Explanation:

A sole proprietor is someone who owns an unincorporated business by himself or herself. However, if you are the sole member of a domestic limited liability company (LLC), you are not a sole proprietor if you elect to treat the LLC as a corporation.sole proprietorship is a business that can be owned and controlled by an individual, a company or a limited liability partnership. There are no partners in the business. The legal status of a sole proprietorship can be defined as follows: It is not a separate legal entity from the business owner.

Hope this helps you!!

6 0

3 years ago

During the taking of its physical inventory on August 31, 2019, Kate Interiors Company incorrectly counted its inventory as $366

soldier1979 [14.2K]

Answer:

Balance sheet

Inventory - Understatement by $11,600

Owners equity - Understatement by $11,600

Income statement

Cost of goods sold - Overstatement by $11,600

Net income - Understatement by $11,600

Explanation:

The movement in an inventory account which is the difference between the opening and ending balances is a function of the purchases and the sales during the period.

This is captured in the equation below

Opening balance + purchases - cost of goods sold = ending balance

Hence an understatement of the ending balance would result in an overstatement of the cost of goods sold thus an understatement of the net income (and owner's equity).

The understatement in closing inventory balance is

= $378,500 - $366,900

= $11,600.

3 0

4 years ago