Answer:
Crimson Tide Corporation
Accounts Titles Debit Credit
1. Dividends $800
Cash $800
To record payment of dividends.
2. Accounts Receivable $3,400
Service Revenue $3,400
To record provision of services on account.
3. correct
4. Cash $400
Accounts Receivable $400
To record the receipt of cash on account.
5. Accounts Payable $1,200
Cash $1,200
To record payment on account.
Explanation:
The correct entries have been provided as above. The first step in recording transactions in the journal is to recognize the accounts involved. Then, identify which account is to be debited and which is to be credited, following basic accounting principle and based on the accounting equation of Assets = Liabilities + Equity.
I think this is true. Your behaviors reveal a lot about you, including what you believe, where you stand on certain things, etc.
Hope this helps! :D
Answer:
1: 3: 6
Explanation:
Given that
Ballet shoes sales units = 15,000
Tap shoes sales units = 30,000
Jazz shoes = 5,000
By the above information, the ratio would be
Jazz shoes: Ballet shoes: Tap shoes
5,000 : 15,000 : 30,000
1: 3: 6
Simply we take simultaneously so that the ratio can easily find out
Hence, the ratio is 1:3:6 of jazz shoes to ballet and tap shoes
The answer is option "d", all of the above.
<span>Discretionary fiscal policy
</span><span>a. may reassure investors and consumers that the federal government will be able to avert a major economic downturn.
b. is not very effective in influencing real GDP during normal times because of time lags.
c. can be very effective in influencing real GDP during abnormal times, such as when a nation is at war.
</span>We can define discretionary fiscal policy as when there is a change in government expenditures or taxes to gain national economic goals.
