Answer:
<em>Just Meaningful Difference
</em>
Explanation:
The Just meaningful difference
, or simply JMD, Symbolizes the slightest amount of stimulation shift which would impact consumption and preference of consumers.
Example will include, when a price of a can of soda increases slightly from $2.36 to $3.28
Answer:
"Directing" seems to be the right response.
Explanation:
- Directing seems to be the major concern of the financial analyst to ascertain whether the significant proportion obtained that much sales figures for every unit cost of production throughout addition to changing the marketing campaign.
- Strategy formulation, trying to organize, staff numbers would not have any significance if the management function doesn't take place.
Therefore the method above is the right one.
The Journal entry which Nicholson company will prepare on June 2 will be like when goods are returned the reverse entry is made which is
Accounts Payable A/c Dr. $480
Purchase Return / Inventory A/c Cr. $480
A journal entry is an act of recording any transaction, whether it is economic or not. Multiple recordings, each of which is either a debit or a credit, may be included in the journal entry.
Accounting journal entries are transferred from the journals and posted to the general ledger in order to record financial transactions in the accounting system. Modern accounting software handles the majority of this process automatically, but it's crucial to understand what's going on since there are instances when manual entries will need to be made to adjust or correct account balances at the conclusion of an accounting month.
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Answer:
$25,000
Explanation:
The computation of the adjusted balance of retained earning is shown below:
Since the depreciation expense is overstated on 2019 which decreased the earnings so it would be added
Since the depreciation expense is understated on 2020 which increased the earnings so it would be deducted
And, the ending inventory for 2020 is understated which decreased the earning so it would be added
Therefore, the adjusted balance is
= $24,000 - $4,000 + $5,000
= $25,000
Answer:
it represents the value of all goods and services produced over a specific time period within a country's borders.
Economists can use GDP to determine whether an economy is growing or experiencing a recession.
Investors can use GDP to make investments decisions
a bad economy means lower earnings and lower stock prices.
Explanation:
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