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ANTONII [103]
3 years ago
11

Wolf Pack Deli purchased $2,400 of supplies for cash. A month later Wolf Pack Deli purchased additional supplies on account for

$2,000. Wolf Pack Deli also paid $400 of the accounts payable. What is the balance in the Supplies account?
Business
1 answer:
Ivenika [448]3 years ago
8 0

Answer:

$4,400

Explanation:

Supplies is a kind of inventory held, to be used in the process of manufacturing.

As for the information provided,

The supplies purchased = $2,400 + $2,000 = $4,400

The information provided for the amount paid of 4400 to accounts payable, is not related as that is different liability which when paid will reduce the liability and cash, but will not impact supplies.

Therefore, balance of supplies = $4,400

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answer is the first one

Explanation:

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2 years ago
The quality assurance committee has completed a study that reviewed preoperative and pathologic diagnosis. Upon review of the st
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The given findings should be reviewed by the <u>tissue committee.</u>

Explanation:

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<u>Therefore, the given findings should be reviewed by the </u><u>tissue committee.</u>

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3 years ago
g The Federal Reserve can lower short-run output by Group of answer choices lowering the real interest rate. increasing the mone
Viktor [21]

Answer: Decreasing the money supply

Explanation:

When the Fed reduces money supply, it will remove the amount of excess money that people have to spend in the economy. This will lead to prices reducing because people no longer have a lot of money to spend on products therefore they will demand less goods. This will lead to the Aggregate demand curve shifting to the left. The new intersection with the Aggregate Supply curve will be at a point where prices will be lower and less quantity will be demanded which will signify a drop in the short-run output of the economy.

5 0
2 years ago
According to the quantity theory, if constant growth in the money supply is combined with fluctuating velocity, which of the fol
tatuchka [14]

Answer:

A

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P : price of a typical transaction

T: total number of transactions.

We can also write the equation as MV=PY, because the value of transactions is equal to the GDP (Y).

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5 0
3 years ago
A turnkey project includes Multiple Choice government investment. construction up to but not including actual production. direct
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A turnkey project includes construction up to but not including actual production. Option B. This is further explained below.

<h3>What is construction?</h3>

Generally, construction is simply defined as the process of erecting a building.

In conclusion, The building process, but not the manufacturing itself, is included in a turnkey project.

Read more about construction

brainly.com/question/8606089

#SPJ1

3 0
2 years ago
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