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mihalych1998 [28]
3 years ago
14

Closing entries may be prepared from all of the following except

Business
1 answer:
AlexFokin [52]3 years ago
6 0

Answer:

The correct answer is B) Balance sheet.

Explanation:

The balance sheet is a statement of a company's financial position at a specific time, such as at the end of the month, quarter or year. The balance sheet shows the assets and lists the responsibilities, creating a statement of what the business owns and owes.

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Which phrase best completes the diagram?
defon
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Marissa gives Larry a check in payment for a computer that she is buying from him. She writes the check to Cash. Larry then give
Lena [83]

Answer: personal

Explanation:

Based on the information given with regards to the question, this is a personal defense. A personal defense occurs when there's a breach of contract whereby there was issuing of the negotiable instrument.

In this case, Marissa writes the check to Cash but Larry then gives the check to Gary Graduate his nephew, without indorsing it, as a graduation gift

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Jarvis Company produces a product that has a selling price of $25 and a variable cost of $17 per unit. The company's fixed costs
Sholpan [36]

Answer:

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6 0
3 years ago
If government cuts taxes. A. after tax income should increase shifting AD to the right to a higher equilibrium level of output B
Vera_Pavlovna [14]

Answer:

A. after tax income should increase shifting AD to the right to a higher equilibrium level of output

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If the government reduces tax, the after tax income would increase and so woold demand. Thus, the aggregate demand curve would shift rightward to a higher equilibrium level of output.

If the government cuts taxes, after tax income should decrease shifting AD to the left to a lower equilibrium level of output

I hope my answer helps you

8 0
3 years ago
Tampa Tribune's dominant strategy is ____________ (low price, high price, it has no dominant strategy).
Masja [62]

Answer:

Low price

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Tampa tribune dominant strategy is low price. If the company keeps its prices high it can get maximum revenue of $88 whereas if the company keeps its prices low it can make maximum revenue of $120. The difference of $32 is gained when the prices are kept and this is dominant strategy for Tampa Tribune.

4 0
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