Answer:
![\left[\begin{array}{ccc}Account&DEBIT&CREDIT\\$Cash&18,900&-\\$Account\: Receivable&60,100&\\$Allowance \: doubful \: accounts&&150\\$Inventory&186,500&\\$Supplies&7,170&\\$Prepaid Insurnace&3,090&\\$Equipment&51,300&-\\$Acc \: Dep \: Equipment&-&18,100\\$Accounts \: Payable&&9,000\\$SS \: tax \: payable&&1420\\$Medicare \: tax \: payable&&340\\$Capital&&298,050\\&327,060&327,060\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccc%7DAccount%26DEBIT%26CREDIT%5C%5C%24Cash%2618%2C900%26-%5C%5C%24Account%5C%3A%20Receivable%2660%2C100%26%5C%5C%24Allowance%20%5C%3A%20doubful%20%5C%3A%20accounts%26%26150%5C%5C%24Inventory%26186%2C500%26%5C%5C%24Supplies%267%2C170%26%5C%5C%24Prepaid%20Insurnace%263%2C090%26%5C%5C%24Equipment%2651%2C300%26-%5C%5C%24Acc%20%20%5C%3A%20Dep%20%5C%3A%20Equipment%26-%2618%2C100%5C%5C%24Accounts%20%5C%3A%20Payable%26%269%2C000%5C%5C%24SS%20%5C%3A%20tax%20%5C%3A%20payable%26%261420%5C%5C%24Medicare%20%5C%3A%20tax%20%5C%3A%20payable%26%26340%5C%5C%24Capital%26%26298%2C050%5C%5C%26327%2C060%26327%2C060%5C%5C%5Cend%7Barray%7D%5Cright%5D)
Explanation:
The sales, expenses, income summary and drawings accounts will be closed therefore will not be part of the post-closed trial balance.
Thew capital Account will suffer the net change of all these account thus, we can list the assets and liabilities and then, solve for Capital by the difference:
Assets = Laibilities + Equity
327,060 = 150 + 18,100 + 9,000 + 1,420 + 340 + Capital
Capital = 327,060 - (150 + 18,100 + 9,000 + 1,420 + 340)
Capital = 298,050
I believe that it is true, here's an example of such a chart.
Answer:
Micromarketing
Explanation:
Micromarketing consists of the maneuver of marketing levers aimed at modifying, increasing and influencing the buying behavior of the consumer in the store. The aim is to increase customer acquisition, retention, extention levels by providing a reward (benefit) or by simply direct marketing for information purposes only. In general, it is for very specific segment or target in order to develop or execute the strategies to do in the market.
By acquisition we mean the ability of the retail seller to acquire a new share of customers.
By retention is meant the ability to maintain this share of customers permanently over time.
By extention instead we indicate the increase in the quantities / volumes purchased at the retailer by the same consumers.
Micromarketing is therefore a sort of "micronization" of the marketing levers traditionally used. Consumer loyalty (store loyalty) is one of the main objectives, but there are also others that can be pursued equally, such as increasing the frequency of purchase of certain products, changing the composition of the receipt by stimulating category switching (exchange category) etc. It is also possible to support integrated marketing initiatives with the industry (think of a reward that stimulates the purchase of one product rather than another, of a specific brand rather than another, etc.).
Answer:
Answer:
Date General Journal Debit Credit
a. Cash $70,000
Common stock $5,000
(5*100 shares * $10)
Additional paid - in - capital $65,000
b. No journal entry required - -
c. Cash $18,000
Notes payable (long term) $18,000
d. Equipment $11,000
Cash $1,500
Notes payable (Short term) $9,500
e. Notes receivable $2,000
Cash $2,000
f. Store fixtures $15,000
Cash $15,000
Answer:
Only final goods and services are included in the calculation of GDP to avoid counting things multiple times.
Explanation:
In the calculation of the GDP only final goods and services are included because the prices of the these already have the costs of all the things that were used to produce them. If we count the intermediate products and services that were used for the final output, we will be double counting which will give a result that is not a correct estimation.
