Correct Answer : C; High employment and price level stability.
Answer:
a. Source documents provide control and reliability in an accounting information system.
Explanation:
The source documents are the documents that support all types of business transaction. It can be in terms of bank statement, purchase order, sales order, supplier invoices, etc. It can also known as vouchers
With the help of the source documents the accounting system provides the reliable and controlling of transactions
This is the first step to verify the transactions after that recording, posting of transactions could be done.
Hello.
The answer is: its on a <span> peninsula.
Its surrended by water so it was easy to trade and it is beside the </span>Tiber and <span>Mediterranean sea. It is also used to get large amounts of lands.
have a nice day</span>
Answer:
a and b
Explanation:
A perfect or pure competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.
In the long run, firms earn zero economic profit. If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.
Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.
Due to maximum competition in a pure competition, it is the lowest cost to the buyer.
Pure competition is efficient because, goods are priced at equilibrum
Answer:
the trucking company recorded<em> a</em><em> </em><em>loss on disposal of $152,200 </em>when it sold the fleet of trucks.
Explanation:
Open the Truck Disposal T-Account as Follows:
Debits :
Cost $1,496,000
Totals $1,496,000
Credits:
Cash Receipt $56,800
Accumulated Depreciation $1,287,000
Profit and Loss (Balancing figure) $152,200
Totals $1,496,000
<em>Therefore, there was a loss on disposal of $152,200</em>
