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2 years ago

A consumer uses goods and services to _____.

Business

2 answers:

allochka39001 [22]2 years ago

8 0

The answer is...

A consumer uses goods and services to satisfy economic wants.

Juliette [100K]2 years ago

6 0

Economically speaking the process is that consumer uses goods and services to survive. They will also use them to sustain things from their wants and needs, doing so they are helping out for a normal cycle which is good. Their salary should be spent on these goods and services.

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A wedding party hired a sole proprietorship to cater their wedding. In this situation the sole proprietorship is a partnership,

Kruka [31]

Answer:

False

Explanation:

A sole proprietorship is owned and managed by a single person. The owner is responsible for all the decisions and actions of his or her business. The owner may hire workers to assist in running the business. The workers remain workers and not partners in the business.

The law does not distinguish between the business and the owner. Any liabilities arising from the business are considered to be the owner's liability. In this wedding situation, the sole proprietor is solely responsible for the mistakes of his assistant.

7 0

2 years ago

Below are the transactions for Ute Sewing Shop for March, the first month of operations.

balandron [24]

Answer:

Explanation:

March 1

Cash 1700

Share Capital 1700

To record the issuance of shares

March 3

Equipment 1400

Cash 1400

To record the purchase of equipment on cash

March 5

Rent Expense 470

Cash 470

To record the rent expense

March 7

No entry neither cash nor serves are provided.

March 12

Purchase 117

Cash 117

To record the purchases

March 15

Cash 670

Income 670

To record the services Income.

March 19

Advance 570

Payable 570

To record the advance cash receipt for services not yet provided thus advance is our liability.

March 25

Payable 228 570/25*10

Income 228

To record the services income against advance given.

March 30

Utilities Expense 82

Cash 82

To record the monthly utilities expense

March 31

Dividend Pay 85

Cash 85

To record the payment of dividend.

Share Capital Account

Opening = 0

Cash 1700

Closing=1700

Cash Account

Opening = 0

share capital 1700 Equipment 1400

Rent 470

Purchase 117

Income 670

Adv. Pay 570

Utilities 82

Dividend 85

Closing balance- 786

Equipment

Opening = 0

Cash 1400

Closing-1400

Rent Expense

Opening = 0

Cash 470

Closing-470

Purchase Expense

Opening = 0

Cash 117

Closing-117

Income Account

Opening = 0

Cash 670

Payable 228

Closing- 898

Payable Account

Opening = 0

Cash 570

Income 282

Closing-342

Utilities Expense

Opening = 0

Cash 82

Closing-82

Dividend

Opening = 0

Cash 85

Closing-85

3) Trail Balance

Head Of Account Debit Credir

Cash 786

Share Capital 1700

Equipment 1400

Rent Expense 470

Purchases 117

Income 898

Payable 342

Utilities 82

Dividend 85

Total 2940 2940

7 0

3 years ago

In an open economy, national saving equals a. domestic investment. b. domestic investment plus net capital outflow. c. domestic

egoroff_w [7]

In an open economy, national saving equals to domestic investment and net capital outflow

Explanation:

In an open economy national saving as considered or calculated an equal to the domestic investment and net capital outflow.

The savings saved by the households are generally deposited in the the banks accounts and banks use this amount to give loans to the business organisation and they make money from these loans.

Apart from this, countries also invests in the other foreign countries which is also considered as domestic (national) saving.

7 0

2 years ago

_____ affects the perceptual process because employees are more likely to remember information that is consistent with their sel

Pie

Answer:

Self-Verification

Explanation:

Self-verification refers to verify themselves by other peoples. How other people understand them based on their feelings, beliefs, etc. In other words we can say self views that also includes self concepts and self esteem

In the given situation, since it affects the perceptual process as we recognized that the employees have a good memory with respect to self concept and especially negative information

8 0

2 years ago

What are the four segments in a PEST analysis?

makvit [3.9K]

Political, economic, social and technological

5 0

2 years ago