Answer:
The correct answer is letter "D": the revenue a government created by printing money.
Explanation:
<em>When the government prints more money, there will be more supply of it. A higher supply of money tends to increase general prices causing inflation. Therefore, households will have to pay more money for goods and services which implies they will be paying more taxes, benefiting the government since it will have more money to finance its projects.
</em>
The previous practice mentioned is implemented by governments that are not willing to increase the interest rate directly.
Answer: a. $1,500
Explanation:
Working capital is calculated by deducting current liabilities from current assets. It is meant to show the operating liquidity of a company within a period.
Working capital = Current assets - Current liabilities
= 5,000 - 3,500
= $1,500
Given:
April 1 - <span>Griffith publishing company received $1,548 from Santa Fe, inc. for 36-month subscriptions.
</span><span>
1,548 / 36 months = 43 per month.
Assuming that the amount is paid in cash.
Debit Credit
April 1:
Cash 1,548
Unearned Revenue 1,548
April 30:
Unearned Revenue 43
Revenue Fees 43
May 31:
Unearned Revenue 43
Revenue Fees 43
June 30:
Unearned Revenue 43
Revenue Fees 43
</span>July 31
Unearned Revenue 43
Revenue Fees 43
August 31:
Unearned Revenue 43
Revenue Fees 43
September 30:
Unearned Revenue 43
Revenue Fees 4<span>3
</span>
October 31:
Unearned Revenue 43
Revenue Fees 43
November 30:
Unearned Revenue 43
Revenue Fees 43
December 31:
Unearned Revenue 43
Revenue Fees 4<span>3
</span>
Book Value of Unearned Revenue is: 1,548 - (43*9) = 1,548 - 387 = 1,161
Since it is a monthly subscription, the unearned revenue must always have an adjusting entry at the end of the month because Griffith company has already earned some of the prepaid fees.
Yes, because Ray investing in two different saving bonds is basically diversification.
Marketing environmental forces are often interdependent.
