Answer:
B) the sale of goods to a customer.
Explanation:
When goods are sold to a customer, the cost of goods sold account is debited by the same value that the finished goods inventory is credited.
For example, suppose a company sells $1,000 worth of goods to a customer, and the sales price is $1,200. The customer pays by cash the full value of the goods. The journal entry would be:
Account Debit Credit
Cash $1,200
Sales Revenue $1,200
Cost of Goods Sold $1,000
Finished Goods Inventory $1,000
Answer:
Equilibrium price = Decreases
Equilibrium quantity = Indeterminate
Explanation:
Here, we suppose that tea and coffee are substitute goods and we know that substitute goods have a positive cross price elasticity of demand.
So, if there is a fall in the price of tea then as a result the demand for coffee decreases which shifts the demand curve of coffee leftwards.
And, there is a fall in the price of coffee beans due to the better weather condition and coffee beans are used as an ingredient for producing coffee.
Hence, there is a fall in the cost of production of coffee which increases the supply of coffee and shifts the supply curve of coffee rightwards.
Therefore, there is a fall in the equilibrium price level of coffee and the effect of these shifts on the equilibrium quantity is indeterminate because that will be dependent upon the magnitude of the shifts of both the curves.
False do u really think after wearing a certain makeup everyone will instantly like u no this is called a misleading ad
Answer:Yes, it will.
Explanation:
Although there are existing law regulating the companies that transport hazardous materials( both the State law and the Federal law) in the United States of America.
Some States for example,the state of Texas does not allow truck drivers to get a hazardous materials endorsement until the driver has completed a security assessment and obtained TSA clearance.
If there is a law that saction perpetrators of such an accident be liable for a sum of momey equal to the average damages of all such accidents in the industry the company will never want to into loss and they will make sure to take the socially efficient amount of precaution against such accidents.
True because both are learning something from each position they exchanged on