Answer:
a) 406200000
b) 7500000 and 5.36%
c) 0.7
Explanation:
please find the attached file
If the government and central bank don’t follow the economic policy, it could result in an economic depression
All economic questions and problems arise from <span>C. scarcity. scarcity is defined as the lack of resources and is the opposite of abundance. If scarcity such as famine is experienced by a country or nation, there arise questions why such state happened</span>
Answer:
Explanation:
The journal entries are shown below:
a. Cash A/c Dr $1,239,000 (5,900 seasons × $210)
To Unearned basket ball tickets revenue $1,239,000
(Being the sale of the season tickets are recorded)
b. Unearned basket ball tickets revenue $103,250 ($1,239,000 ÷ 12)
To basket ball tickets revenue $103,250
(Being the revenue recognized)
$396,200 + 61,250 + 27,600+ 9,000+ = 479,000 dollars