Answer:
The answer to your question is a bank
Answer:
- The adjustment causes an increase in an asset account and an increase in a revenue account.
- Accounts receivable is usually increased when accruing revenues.
- They refer to revenues that are earned in a period, but have not been received and are unrecorded.
- They refer to earnings which have been earned but not yet billed.
Explanation:
Accrued revenue refers to cash earned for selling a good or delivering a service yet the cash has not been received and the transaction was not recorded in the books as revenue. This means that the cash has been earned but it has not been billed to the customer it was earned from.
When the books are being adjusted for this, the accounts receivable - which is an asset account - will increase to show that cash is owed. Revenue will also increase as this was cash earned from delivering a good or service.
Answer:
The correct answer is the option A: causes demand for LGBP Clothing to be less elastic.
Explanation:
To begin with, due to the fact that the content shown in the advertisement tends to be pretty good due to the people having fun with the company's clothes then the customers will picture themself in that same situation wearing the clothes of the firm, therefore that they will tend to buy more products of the company and by doing that the price elasticity of demand will decrease due to the fact that now the goods will be more needed by the people due to the advertisiment.
For the market to reach equilibrium, you would expect prices to rise.
<h3>What is a shortage?</h3>
A shortage exists when quantity demanded exceeds quantity supplied. This is because price is below equilibrium price. Equilibrium price is the price at which quantity demanded is equal to quantity supplied.
For a shortage to be resolved, prices would rise until equilibrium price is reached.
To learn more about equilibrium, please check: brainly.com/question/26075805