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docker41 [41]
2 years ago
8

Where are traditional economies usually found? . A. in small communities that welcome change . . B. in large communities that we

lcome change . . C. in large communities that are able to deal with environmental disaster . . D. in small communities that avoid change .
Business
2 answers:
jenyasd209 [6]2 years ago
8 0

Answer:

D. in small communities that avoid change .

Explanation:

A traditional economy is an economic model of little complexity, characterized basically by subsistence production. In this model, there are no firms, people produce little and exchange their surplus for the sole purpose of meeting their basic basic needs. Therefore, it is a type of small-scale economy, common in small and isolated communities, and with little or no prospect for change.

Kay [80]2 years ago
4 0
The answer is small communities that avoid change. 
 Traditional economies are usually found in a small communities that avoid change. It is so hard to put business in that places because it is very risky.

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The supplies account had a beginning balance of $1,693. Supplies purchased during the period totaled $4,413. At the end of the p
olga55 [171]

Answer:

Debit Supplies expense $5,661

Credit Supplies account $5,661

Explanation:

At the time of purchasing supplies, the entries includes a debit to supplies accounts, and a credit to cash or accounts payable which is dependent on whether the cash purchased was done via cash or an account

For supplies used, debit supplies expense and credit supplies account. The movement in supplies account over a period is due to purchases and its expressed as;

Opening balance + Purchases - Supplies used = closing balance

$1,693 + $4,413 - Supplies used = $445

$6,106 - Supplies used = $445

Supplies used = $6,106 + $445

Supplies used = $5,661

6 0
2 years ago
Glenn and Maggie own a regional chain of juice bars and are looking to expand in the coming year. They already have fifty shops,
Studentka2010 [4]

Answer:

a commercial bank

Explanation:

A commercial bank is a deposit accepting institutions regulated by the central bank of a country. The banks play a crucial role in availing capital to businesses. They accept deposits in the form of savings from customers. They keep a small fraction(reserves) in their custody to cater for withdrawal and loan out the rest. Banks, therefore, pool resources together for businesses and households to borrow.

Since banks have a wide customer base, they are able to mobilize huge amounts of resources to loan out. Commercial banks are the best institution to issue a loan to Glenn and Maggie. Saving and loan, credit unions have a limited membership and may not have sufficient resources to issue a loan to Glenn and Maggie.

5 0
2 years ago
Read 2 more answers
Which of the following is an example of an employee contribution retirement plan
tekilochka [14]

Answer:

401 retairement plan

Explanation:

A 401(k) is a retirement plan based on savings with the contribution of the employer. The contribution made by the employer and portion of the wage that is saved is collected before taxes.

8 0
3 years ago
Allison is concerned that she is not getting full disclosure of information from a mortgage broker who is hoping to refinance th
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<span>Consumer Financial Protection Bureau (CFPB)</span>
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3 years ago
t is now time for jay to complete his tax return. jay is 28 years old and is in a relationship with sandra, planning to get marr
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$2,860.50

Tax liability is the total amount of tax that people and companies owe to the federal, state, and local governments in a specific time frame. Tax liabilities are short-term obligations for firms that are listed on a balance sheet and paid off within a year.

<h3>What is accounting for tax liability?</h3>

The amount of taxes you owe is known as your tax liability. For those who are working, determining their income tax on Form 1040 normally only requires them to examine the year's tax tables.

On a company's balance statement, deferred long-term liability costs are listed with other long-term loans. They are listed on income statements as losses or expenses. Deferred tax obligations are one type of deferred long-term liability charge.

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8 0
1 year ago
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