Is this a multi choice answer? If so tell me! :D
In my opinion what best describes of renting a home is that it is cheaper than buying one. It's also a limited time so you can get your feet up off the ground if you need money for a job. (Hope this helped)
The Federal Reserve has many responsibilities but the main one is to establish monetary policy. The Federal Reserve helps control all of the U.S. banks and what is allowed and what is not allowed to happen based on their rules regarding funds. The Federal Reserve is the central banking system in the United States and it was created in 1913. This system was put in place to have one central location of policies and funds within the United States.
Answer:
There is no entry to be made on April 17, 2014
Explanation:
Following The accrual principle - an accounting concept that requires accounting transactions to be recorded in the time period in which they actually occur, rather than the period in which the cash flows related to them occur or the transaction are received.
On April 17, 2014, Naughton Ltd. received an order from a customer for a delivery to be made in May 2014 and the delivery does not occur yet on that day. I should be occur in May 2014.
Therefore, there is no entry to be made on April 17, 2014. In May, when the company finish delivering, the entry would be made:
1. Debit Cash (or Accounts Receivable) $11,000
Credit Revenue $11,000
2. Debit Cost of goods sold $7,500
Credit Cash $7,500
Answer:
what I think is that it should decrease by 50%
Explanation:
why do I think that I think that because every one needs a discount