Answer:
C. A rise in saving does not change aggregate demand.
Explanation:
Say's law states that the production of goods creates its own demand.
According to Say's law, in a money economy, a rise in saving does not change aggregate demand because total expenditure amount does not change, it only moves from consumption category to the investment category in equal proportion.
Also, disposable income stays constant and consumption decreases, while savings increases.
Savings = disposable income - consumption.
The goal of an audit of financial statements is to enable an auditor to specific an opinion as to whether or not the economic statements are prepared, in all material respects,
in accordance with International Financial Reporting Standards or another recognized financial reporting framework.
<h3>What is the primary motive of monetary statements?</h3>
This studying has presented an overview of economic statement analysis. Among the principal factors included are the following: The principal purpose of financial reports is to furnish records and records about a company's economic position and performance, consisting of profitability and cash flows.
Learn more about financial statement audits here:
<h3>
brainly.com/question/20713734</h3><h3>#SPJ4</h3>
Answer:
b.
Explanation:
The company sold 6 advertising spaces that would run from July to December for $400 each.
Total amount received for selling 6 advertising spaces = 6×$400
Total amount received for selling 6 advertising spaces = $2,400
The advertising spaces will run for 6 months i.e., July to December.
So, adjusting entry on 31st July would record the revenue earned for 1 month only.
Total revenue = $2,400
No. of months = 6
Revenue for 1 month = $2,400/6
Revenue for 1 month = $600
Thus, journal entry on receipt of cash as well as adjusting journal entry has been shown below:
Explanation:
it's D because I'm just making this longer so I can post it thank you and good bye
