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2 years ago

If an expansionary policy pushes output beyond the full employment level of gdp:

1 answer:

8 0

<span>The natural rate of unemployment will drop in this instance. By increasing spending and/or decreasing taxes, aggregate demand is boosted, leading to more people being employed to meet the demand. This moves the natural rate of employment out to a greater level than previously experienced.</span>

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Dalworth and Minor have decided to form a partnership. Minor is going to contribute a depreciable asset to the partnership as he

Roman55 [17]

Answer:

d .$127,000

Explanation:

The computation of the beginning equity balance is shown below:

= Market value of the assets i.e agreed upon - Note payable secured by the asset

= $245,000 - $118,000

= $127,000

By deducting the note payable from the market value of the asset so that the beginning equity balance could come

All other information mentioned in the question is not relevant. Hence, ignored it

8 0

3 years ago

The following information pertains to Oro Corp.: Credit sales for the year ended December 31 $450,000 Credit balance in allowanc

kkurt [141]

Answer:

A. $6,300

Explanation:

The computation of the ending balance of uncollectible account is shown below:

= Opening balance of the uncollectible accounts + uncollected amount - bad debt written off

where,

uncollected amount = Credit sales × given percentage

= $450,000 × 3%

= $13,500

The other item values would remain the same

Now put these values to the above formula

So, the value would equal to

= $10,800 + $13,500 - $18,000

= $6,300

8 0

3 years ago

What are advantages of books of prime entry

Liono4ka [1.6K]

Answer:

It is easy to post transactions to the ledger accounts after recording them in the prime entry books.

Reduce the number of entries posted in the ledger because the totals of prime entry books are posted to the ledger.

Minimize accounting errors and it is easy to find out such errors.

Explanation:

8 0

2 years ago

Read 2 more answers

any time patients state that they receive medicaid, they must present a valid medicaid identification card because eligibility,

iren2701 [21]

Any time patients state that they receive Medicaid, they must present a valid Medicaid identification card because eligibility, in many cases, will rely upon the patient’s Monthly income.

<h3>What is Medicaid?</h3>

Medicaid provides health coverage to many Americans, including eligible low-income adults, children, pregnant women, elderly adults, and people with disabilities.

To know more about Medicaid go to the given link:brainly.com/question/535720

#SPJ4

5 0

1 year ago

Marigold Corporation factors $260,800 of accounts receivable with Kathleen Battle Financing, Inc. on a with recourse basis. Kath

mixer [17]

Answer:

Date Journal Entry Debit Credit

Aug 15 Cash $245,152

Due from factors $10,432

Loss on sale of receivables $$10,216

Recourse liability $5,000

Account receivable $260,800

Cash received = ($260,800*94%) = $245,152

Add: Due from factor($260,800*6%) = $10,432

Less: recourse obligation= <u>$5,000</u>

Net proceeds= <u>$ 229,720</u>

Loss on sale of Receivables = $260,800 * 2% + 5000 = $10,216

3 0

2 years ago