Answer:
Date Account Titles Debit Credit
Oct 01 8% Note Receivables $35,000
Land $30,000
Gain on sale $5,000
(To record the sale of the land)
Dec 31 Interest receivable $700
Interest Revenue $700
(35,000*8%*3/12)
(To record Interest Revenue on Note for 3 month recognized)
The last one is correct ¯\_(ツ)_/¯
Because Adults may replace products from children who can buy cheaply.
These levels of price differentiation are also known as individual pricing (tier 1 pricing), product versioning or menu pricing (tier 2 pricing), and group pricing (tier 3 pricing). .
In third-degree price discrimination, different consumer groups charge different prices for the same product. These consumer groups can be identified based on certain characteristics such as age, gender, location and time of use.
Third-class monopoly price discrimination means that monopolists charge different prices for the same product in different markets because the price elasticities of demand differ. Quite common in the market.
Learn more about discrimination at
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Answer:
Amount after 8 years is Rs. 23803.12
Explanation:
The amount received in two years = Rs 15000
It is given that the amount received in two years is invested for six years that earns the interest rate of 8% per year. Now, we have to find the total amount after eight years. Here, in the first two years, there is no interest rate earned. So only six years will be used to count the interest rate.
Amount after 8 years = Present value (1 + r)^n
Amount after 8 years = 15000 (1 + 8%)^6
Amount after 8 years = 15000 (1 + 0.08)^6
Amount after 8 years = 23803.12
