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vesna_86 [32]
3 years ago
13

Why is accounting a service industry?

Business
2 answers:
Y_Kistochka [10]3 years ago
3 0
Hi there.

I recently learned in Social Studies that services are usually intangible services. They have value, but you cannot physically touch them.

I'm also using the process of elimination. With that, I give you my best guess:


A. Because it provides support but no tangible goods.

Hope this works out for ya!


guapka [62]3 years ago
3 0

Answer:

A. because it provides support but no tangible goods

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Stephanie is the wage earner in a "typical family" with $36,000 gross annual income. Use the easy method to determine how much i
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Answer:

$176,400

Explanation:

Life insurance need = 0.70 × Salary amount × 7

= 0.70 × $36,000 × 7

= $176,400

Therefore using the easy method the amountof insurance that Stephanie should carry is $176,400

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3 years ago
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With a​ downward-sloping demand​ curve, average revenue is equal to price A. because the firm must lower its price to sell addit
tia_tia [17]

Answer:

D. ​Actually, average revenue is always equal to​ price, whether demand is downward sloping or no

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Thus, AR = Total Revenue / Quantity  

Input elements of the Total revenue we get,

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Hope that helps.

3 0
3 years ago
Q 1.1: An owner who wants to have limited liability should form which type of business enterprise?
ycow [4]

Answer:

A corporation                                      

Explanation:

A business is an agency–typically a group of individuals or a firm–allowed by the government to operate as a single body (a legal entity) and recognized as being for other functions of law.

Early constituted institutions were created by charter (i.e. through an arbitrary act issued by a sovereign or enacted by a statute or house of commons).

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6 0
3 years ago
Journalize the following merchandise transactions, using the net method under a perpetual inventory system.
Olenka [21]

Answer:

Part a

Debit : Accounts Receivable $18,000

Debit : Cost of Sales $10,800

Credit : Sales Revenue $18,000

Credit : Inventory $10,800

Part b

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Debit : Discount allowed $1,800

Credit : Accounts Receivable $18,000

Part c

Debit : Accounts Receivable $600

Credit : Cash $600

Explanation:

The perpetual method calculates the cost of sales for each transaction made.

See the journals prepared as above

6 0
3 years ago
Drawing on material in the chapter and your own research, prepare a paper describing your views on the major social and legal is
atroni [7]

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Some of the tax are much that it affects sellers who are not able to break even and make profit, especially when they don't meet targets they've set for themselves.

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