Answer:
The correct answer is Debit Cash and Credit Noted Payable
Explanation:
The journal entry for borrowing the cash is as follows:
Cash A/c.......................Dr $7,500
Notes Payable A/c.......Cr $7,500
As Jarrett company borrowed the amount of $7,500, so cash is increasing and any increase in asset account will be debited. Therefore, the cash account is debited. Whereas he signed a notes payable against the cash so notes payable account is credited.
A. Autocracy
An oligarchy is a government run but a small fraternity of people, not by "one single leader." So, that's singled out. A theocracy is again a small fraternity of individuals that rule over a providence, however, they rule by religious standards. So, bye-bye Choice C. As for monarchies, just take a look at England. By tradition, a King and Queen would preside of the land which is exactly what a monarch is. However, it's not a dictatorship because there are checks, balances, and more than one individual in power. Thus, the answer is A. An autocracy is complete power held by a single person.
Well if u r trying to get fired then u should leave early but if there was a life or family crises then that would be important
Answer: With a loss
Explanation:
The firm here has its Marginal cost higher than it's marginal revenue.
This means that for every additional unit sold, the company is incurring a loss of $0.50 which is the difference between the marginal cost and the marginal revenue.
The company is therefore operating at a loss because every additional unit is costing them instead of benefitting them. To counter this, they need to reduce production so that marginal cost will fall.