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Svetach [21]
3 years ago
9

Double entry system means?

Business
1 answer:
Soloha48 [4]3 years ago
5 0
Every transaction has a double effect i.e Dr and cr
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FBLA-PBL state chapters usually have a number of elected__________ who
Juli2301 [7.4K]

FBLA-PBL state chapters usually have a number of elected, treasurers to represent the state's various regions. Thus, option C is correct.

<h3>What is FBLA-PBL? </h3>

The goal of FBLA is to give high school students in business and/or company subjects more opportunities to build professional and career-supporting competencies and to encourage social and individual accountability as a vital component of the academic curriculum.

In a meeting of the National Leadership Conference, a state chapter shall submit a nomination for treasurer. At its multiple local gatherings at the National Leadership Conference, a state chapter shall propose the national vice presidents who will address the regions. Therefore, option C is the correct option.

Learn more about FBLA-PBL, here:

brainly.com/question/17819804

#SPJ1

8 0
2 years ago
When purchases of tennis socks decline following an increase in the price of tennis sneakers (other things remaining equal), the
const2013 [10]

Answer:

Option B Complementary

Explanation:

The reason is that increase in one product (Sneakers) purchases increases the purchases of other product (socks) which is compulsory. In this case we see that the sneakers prices have increased which led to decrease in sales of sneakers and also a decrease in the socks sales is witnessed. This is beacause the sale of one product is directly proportional to other and this relation is also known as complementary relation among products.

5 0
3 years ago
American Gas Products manufactures a device called a Can-Emitor that empties the contents of old aerosol cans in 2 to 3 seconds.
kakasveta [241]

Answer:

$157,986.11

Explanation:

Given that

Amount = $75,000

Number of years = 3

Interest rate = 20%

The computation of the present value is shown below:-

Here we will use the P/A factor which is here

Present value = Amount × (1 + Interest rate)^number of years - 1 ÷ (Interest rate × (1 + Interest rate)^Number of years

= $75,000 × ((1 + 20%)^3 - 1) ÷ (0.20 × (1 + 0.20)^3)

= $75,000 × (0.728  ÷ 0.3456)

= $75,000 × 2.106481481

= $157,986.1111

or

= $157,986.11

Therefore for computing the present value we simply applied the above formula.

5 0
3 years ago
Capitalism is an economic system in which privately owned businesses and individuals attempt to make a profit in a free market.
DaniilM [7]
Capitalism is indeed an economic system in which privately owned businesses and individuals attempt to make a profit in the free market. The aspects of private ownership of businesses and working for profit are essential factors of capitalism as a theory and also as it is practiced. 
3 0
3 years ago
Rancher Hiram Walker purchased Rose, a cow, for $850 in the hope that she would breed calves. After several years of effort, Wal
Furkat [3]

Answer: Mutual mistake

Explanation:

A mutual mistake in a contract is a situation that arises when the parties in a contract make the same mistake in reference to a significant fact in the contract. i.e., they are mutually ignorant of a fact of the contract.

Had they both known about that mistake, they might not have gone into the contract so the contract is voidable in this scenario.

Both Walker and Sheerwood were mutually mistaken about the fact that Rose was pregnant when they went into the contract so this contract is voidable by this theory.

8 0
3 years ago
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