Explanation:
Credit purchase : When goods are purchased on credit , cash does not go out , but supplier or creditor becomes the giver. Therefore , goods or purchases account is debited and supplier or creditor account is credited.
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The retained earnings are affected by the net income or loss or any amount paid to the shareholders as dividends. The retained earnings balance as of December 31, 2016 shall be calculated as follows:
Retained earnings, December 31, 2015 $ 313,700
Less: Net loss for the year ended December 31, 2016 -$4,850
Less: Dividends declared and paid in 2016 -$17,000
Retained earnings, December 31, 2016 $291,850
Hence, the retained earnings balance as of December 31, 2016 is <u>$291,850</u>
Answer and Explanation:
According to the given scneario, the identification of the marketing mix i.e. four p's are product, price, place and the promotion
1. Product: The product is food cafe. The main thing about the food is the taste, how it looks. The product should be attractive, full of taste.
2. Price: The price of the food for each type of product should be reasonable so that everyone could afford it. Also the price is depend upon the competitor price
3. Place: The place should be very attractful so that many customers could be come. It could be in river side or lake view. Also if the cafe provides the home delivery without any charges this things would attract most of the customers
4. Promotion: The promotion of the food cafe could be done in social sites, radios, newspaper so that the public at large could know about it
Answer:
the correct answer is
<em> c. Colonists wanted to be represented in the government.</em>
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