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iren [92.7K]
3 years ago
10

Which of the following accounts will give u the least access to your money

Business
2 answers:
pishuonlain [190]3 years ago
7 0
What are the options?
FrozenT [24]3 years ago
6 0
What are the options?
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A farmer sells a bushel of corn to the supermarket for $12. The supermarket then sells the corn to customers for $25. What is th
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Answer:

$ 25

Explanation:

As per the description, the exact amount that is being contributed from the corn bushel to the Gross Domestic Product would be $ 25. The price at which the farmer sold it to the supermarket would not be included in the GDP because it would be considered as an intermediary good because the good purchased for the resale purpose is not included in GDP as it leads to double-counting. Thus, <u>only the price of the final good i.e. $ 25 would be included in GDP as it will now be used for final consumption by the customers</u>.

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July 15 Declared a cash dividend payable to common stockholders of $169,000. Aug. 15 Date of record is August 15 for the cash di
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Answer:

Explanation:

The journal entries are shown below:  

On July 15:

Retained earning A/c Dr  $169,000

    To Dividend payable    $169,000

(Being cash dividend declared is recorded)

On Aug 15:

No journal entry is required on the date of declared

On Aug 31:

Dividend payable A/c    $169,000

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Why is it important for insurance companies to have a large pool of people paying premiums?
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The three broad types of factors of production are:
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