Answer:
a. debit Cash; credit Notes Payable
Explanation:
The journal entry for issuance of an interest-bearing note is shown below:
Cash A/c Dr XXXXX
To Notes payable XXXXX
(Being the issuance of the interest-bearing note is recorded)
For recording this transaction we debited the cash account and credited the notes payable account so that the correct posting could be done.
Answer:
Option D. Not enough information to answer this question.
Explanation:
There are number of factors the company considers before entering or exiting the market and some of these include Marginal cost or marginal revenue analysis, project analysis which considers the future cost and benefits by continuing the business, Porter five forces factors consideration before entering, Capabilities and resource analysis, etc.
So merely a price doesn't decides that we going to enter the market or we are leaving the market. Their are chances that we can control the cost of that the competitor starts selling the product at cost which will have harmful impact.
So the information provided to answer this question is not enough.
ANSWER: Three examples of public goods or services are:
1. national defense
2. law enforcement
3. public parks.
Explanation: public goods or services by nature are non-rivalrous and non-excludable. Advantage can be taken by the consumer for free. An individual can consume these product or service without reducing its availability to others without depriving others opportunity. These are financed publicly.
Answer:
The employer
Explanation:
because use they are replaceable for their employees to be treated well and equally.
