Answer:
Madison Company's Journal entry
Dec. 31
Dr Cost of Merchandise Sold 93,400
($875,300-$781,900)
Cr Merchandise Inventory 93,400
Explanation:
If the perpetual inventory records $875,300 of merchandise while the physical inventory indicates $781,900 which means we have to deduct $781,900 from $875,300 which made us to arrived at $93,400 as Debited Cost of Merchandise Sold and as Credited Merchandise Inventory .
Answer:
Cercei's mood would be categorized as:
negative activated.
Explanation:
Moods do not last longer than emotions. Like Cercei's that unengaged and quiet mood during the project duration, it starts and ends within some period of time. However, a person's mood can be described as either negative or positive. Since Cercei's mood was negative from the commencement of the project to its ending, one can conclude that she activated her negative mood during the period.
Answer:
(A) Accounts Payable - Liabilities
(D) Equipment - Assets
(E) Supplies - Assets
(F) Retained earning - Owner's Equity
(H) Cash - Assets
Explanation:
The major categories in a balance sheets are: Assets, Liabilities and Owner's Equity,
Assets are many things (as equipment, machinery, Receivables, etc) that belongs to the company, please see details in the answer.
Liabilities represent the obligations of the company with all kind of creditors.
And finally Owner's Equity it's the Capital that support part of the Assets along with the Liabilites.
normal. This was fill in the blanks right? Next time you ask a fill in the blank question you should use underscores where the missing word is.
Lets talk about all the terms. First of all, zero-sum game theory and rational choice theory are mathematical theories that are used to analyze financial phenomena. The first one is against this view and the second one is a general framework that does not say what its stance is; it is certainly not the basic message of rational choice theory. The mercantilist theory is a theory that favors trade restrictions, so this is not the right choice. THe theory of absolute and comparative advantage are related; the first one says that only a country can make a product in a good way, while the second theory claims that eeach country should specialize in what it is best at producing. The comparative advantage theory makes the case that if there are many goods, one should not need to bother to produce those which he is bad at producing; he should produce a surplus of his specialty and then trade with others (and their specialty products). Thus, comparative advantage is the correct choice.
