Answer:
Dr Petty cash fund 1,200
Cr Cash 1,200
Dr Office supplies expenses 466
Dr Miscellaneous selling expenses 193
Dr Miscellaneous administrative expenses 121
Dr Cash short and over 24
Cr Petty cash fund 804
Dr Petty cash fund 804
Cr Cash 804
the balance in the petty cash fund is $1,2000 again
Employment is the key factor for a country’s growth. For an example, if a person is unemployed and don’t have money to spend on his necessities. Such as, food, cloth, travelling etc. which means the companies who provide these goods and services will go in loss. because nobody has enough potential to buy it. which means goods demand will start to decline. Further, if we start import and export business than we have to pay extra money to get the same services. which will drop the value of currency.
Answer:
The correct answer is letter "E": economies of scale.
Explanation:
Economies of scale mean productivity becomes more efficient as the number of goods produced increases. In most cases, companies that achieve economies of scale lower the average cost of their products by increasing production which is due to the spread of fixed costs required to produce the product among a large number of goods. Lower production costs typically represent lower prices for consumers.
Answer: A. less; higher
Compared to money market accounts, CDs are less liquid and have higher interest rates.
Explanation:
Certificates of deposit (CDs) refer to a saving certificate issued by a federally chartered bank which has a fixed interest rate and fixed date of withdrawal (the maturity date). There exists restriction in accessing the funds until the maturity date of the investment. The maturity rates vary from 30 days to six months or more and the amount of the face value also vary greatly. Certificates of deposit (CDs) are less liquid and have higher interest rates. Interest rates are the amount charged by a lender to a borrower for using his or her assets.
