Answer:
Explanation:
You can now look for these considerations, fears, and roadblocks and know that they are simply a part of the process. You can welcome them, face them, process them, and ultimately overcome them. Once you are able to do that, there won't be anything that can stand in the way of any goal that you want to accomplish.
Answer: I have done this before and the answer is c
Explanation:
Answer:
a. marginal revenue is lower than it was previously.
Explanation:
- According to the Law of Supply states, when the price of a product or service increases, all other factors are equal, the quantity of products or services offered by the suppliers increases, and vice versa.
- In other words, if a good price goes up, suppliers will try to increase their profits by offering more goods.
- so correct option is a. marginal revenue is lower than it was previously.
Answer:
b. Debit Equipment $85,000; Credit Cash $85,000.
Explanation:
Provided information,
Financial year will end on 30 June each year.
The computer equipment is purchased on 1 July
Cost of equipment = $85,000
Note: At the time of purchase as the equipment is long term, it will be accounted as fixed asset and is a capital expenditure, not a revenue expense to be charged in books of account.
Therefore, entry for recording the purchase of computer equipment shall be:
Equipment A/c Dr. $85,000
To Cash A/c $85,000
(Recording purchase of equipment in exchange of cash)
Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.