Answer:
Dr Potter's 8% Bonds $100,000
Cr Cash $100,000
Dr Cash $4,000
Cr Interest income $4,000
Explanation:
Based on the information given the appropriate journal entry will be:
Dr Potter's 8% Bonds $100,000
Cr Cash $100,000
(Being 8% Bonds purchased)
Dr Cash $4,000
Cr Interest income $4,000
($100,000*8%*1/2)
(To record semi annual interest receipt)
The answer that you are looking for is true
Answer: relatively elastic.
Explanation:
Elasticity is the measure of the responsiveness that a product's quantity demanded has to a change in its price. In other words, if the quantity demanded changes as a result of a change in price, the good is elastic.
In this scenario, the total revenue fell when they increased price. This means that people bought less of the firm's goods which means therefore that the good is relatively elastic because the quantity demanded was affected by a change in price.
Answer:
Self- awareness
Explanation:
Self-awareness is the ability to objectively evaluate oneself. It is the ability to check ones current behaviors with his standard.
