Answer:
J.K. Builders
<u><em>General Journal</em></u>
Cash $72,000 (debit)
Common Stock $72,000 (credit)
<em>Cash Received in Exchange of Common Stock</em>
Land $62,000 (debit)
Cash $62,000 (credit)
<em>Cash Paid for the Purchase of Land</em>
Supplies $10,560 (debit)
Accounts Payable $10,560 (credit)
<em>Supplies Bought on Credit</em>
Cash $27,000 (debit)
Loan Payable $27,000 (credit)
<em>Cash Loan Received</em>
Explanation:
See the Journal Entries and Narrations that i have prepared above.
Notes.
1. Trade discounts are note recorded in the entity`s records.
2. We only record transactions and events that originated from entity (The Dual Entity Concept) not amount shareholder.
Answer:
International business.
Explanation:
Brite-Way Lighting is based in California and sells products within the United States as well as to ten foreign countries. Brite-Way Lighting is an example of a(n) international business.
International business has to do with initiating and handling of transactions in buying and selling of goods and services between two or more countries. International business can also be referred to as globalization because its business activities run on a cross-border basis between local and oversea venues.
Answer:
The correct answer is B. of fluctuations in the demand for reserves.
Explanation:
The management of the interest rate is perhaps one of the areas of economic policy that has raised the most controversy among policymakers. Much of it comes from both the interpretation of the role that the interest rate plays in macroeconomic adjustment, and the real possibility of achieving effective control over it.
Regarding the role of the interest rate, there are opposing positions about the influence that this variable may have on that of termination of savings investment. Thus, for example, from a Keynesian perspective, a weak relationship is raised between saving the interest rate, since it depends primarily on the level of income, while great importance is attached to this variable as a determinant of investment. Under this scheme, control over the interest rate can be justified since it would have the advantage of stimulating economic activity through greater investment, without significantly affecting savings levels.
The constant growth model will work best on companies that are categorized as mature and that they have a relatively predictable earnings because having this type of company will allow the constant growth model to work best by which the growth model will be in a constant shape and does not tend to change.
