Answer:
Dr Seller Account $100
Cr Buyer Account $100
Explanation:
The property sold on 15th of the month by Mr. A to Mr. B and the utility bill received later of this month would be split between Mr. A and Mr. B. The basis for the split of the utility bills would be the share that Mr. A utilized the facilities and in this scenario, it is $100. Hence the buyer Mr. B has receivable of $100 and the seller Mr. A has a liability payable of $100 amount.
Hence the buyer will debit the bill by $100 receivable and the Seller will debit the bill owed to buyer by $100.
Answer:
The answer is true
Explanation:
The video streaming industry is vastly different from the DVD-by-mail rental industry. Curiously enough, one company has navigated both industries succesfully: Netflix was born as a DVD-by-mail service, and now is one of the most well-known streaming services.
Answer:
1. $ 750
2. - $ 50
3. $ 600
4. $ 600
Explanation:
1. Using the data GDP = C+I+G+ (X-M)
GDP= $500 +$100 + $ 200 + ($50-$100)
GDP= $ 800 + (-50)
GDP = $ 750
2. NET EXPORTS = EXPORTS - IMPORTS= $ 50- $ 100= -$50
3. PCE= Consumption+ Private Domestic Investment= $ 500 + $ 100= $ 600
4. GDP 2017= $ 750 *80%= $ 600
