The journal entry to record this transaction consists of a: debit of the purchases account for $21400 and credit the accounts payable account for $21400
<h3>How to enter a transaction in a journal?</h3>
We are told that a company purchased $21,400 of supplies on credit.
Now, it is vital to note that in a journal, there is the credit column and also the debit column.
Now, the way we carry out recording the Journal Entry for a Credit Purchase is that;
When a business purchases goods or services on credit, the business will then debit the purchases account, which will increase the business’s assets.
The business will also credit the accounts payable account, which will increase the business’s liabilities.
Thus;
The journal entry to record this transaction consists of a: debit of the purchases account for $21400 and credit the accounts payable account for $21400
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The goal of school health nursing programs is health promotion through the school curriculum. A class on nutritional planning for parents contributes to health promotion. Disease management is one of the many programs of community health centers.
Answer:
A transmission is a machine in a power transmission system, which provides controlled application of the power. ... In British English, the term transmission refers to the whole drivetrain, including clutch, gearbox, prop shaft (for rear-wheel drive), differential, and final drive shafts.
Explanation:
The attached graph shows the required curves to be drawn. One of the curves is called the Marginal Revenue Curve.
<h3>What is a marginal revenue curve?</h3>
At the market price, the marginal revenue curve is a horizontal line, suggesting completely elastic demand, and it is equal to the demand curve.
Monopoly occurs when one corporation is the exclusive vendor of a distinct product in the market.
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Full Question:
The graph shows the market for smart rackets.
Suppose the profit-maximizing output is 160,000 smart rackets.
Draw the firm's marginal revenue curve. Label it MR.
Draw the firm's marginal cost curve. Label it MC.
Draw a point at the profit-maximizing output and price.
Draw a shape to show the firm's economic profit. Label it.
The correct sequence of the events is the following:
1. Sputnik I was the first artificial Earth satellite. The Soviet Union's Sputnik 1 satellite took to the skies on Oct. 4, 1957.
2. NASA was formed - The National Aeronautics and Space Administration (NASA) agency was was created in 1958 from NACA (National Advisory Committee for Aeronautics)
3. The Soviet pilot and cosmonaut Yuri Alekseyevich Gagarin completed an orbit of the Earth on 12 April 1961.
4. The astronaut John Glenn orbits the Earth on February 20, 1962.
Neil Armstrong lands on the moon,
