Answer:
1. a.) Dr Supplies 4500
Cr Cash 4500
b.) Dr Supplies expense 1000
Supplies 1000
2.a.) Dr Prepaid insurance 24000
Cr Cash 24000
b.) Dr Insurance expense 2000
Cr Prepaid insurance 2000
3. Dr Salaries expense 16000
Cr Salaries payable 16000
4.a.)Dr Cash 4500
Advance rent 4500
b.)Dr Rent expense 1500
Cr Advance rent 1500
Explanation:
1.Supplies were purchased on cash and at the end of period supplies were on hand was 3500 so 1000 was of supplies were used.
2. Annually insurance prepaid was 24000=2000 * 12.so
For the month of Dec was 2000 expense.
3.Salaries for the month of Dec was payable of Rs.16000.
4.As cash was received against rent which was unearned.the rent expense for the month of Dec was = 4500/3=1500.
Given:
Years to maturity =n= 20
Coupon rate = C = 7.8%
Frequency of payment =m= 2
Semiannual coupon = $1,000 × (0.078/2) = $39.00
Current market rate =i= 7%
Present value of bond = P
Price of bond = 0.078 x 1000 x (1 – (1 + 0.07)^-20/0.07 + 1000/ (1.07) ^20= 78 x 10.60= 826.33 + 258.42= 1,084.75
The correct answer is: $1,085
Answer:
b. Consumers bought too many goods they could not afford.
Explanation:
In the 1920s consumption increased as mass production appeared, businesses began to offer credits to customers and people started buying things that they didn't need and that they couldn't afford. When the crisis began, people lost their jobs or their salaries were cut, consumption decrease drastically and they coudn't pay these credits.
Answer:
false
Explanation:
a company's target market is the exact opposite of that sentence
Answer:
Consumption and Imports
Explanation:
Two of the components of aggregate expenditure that are influenced by real GDP are consumption and imports.
Firstly, consumption as a major component of aggregate expenditure is impacted by adjustment for real prices which reduces real income and by extension, consumption - because income is a determinant of consumption.
Secondly, an increase in real GDP is an increase in aggregate demand of which imports are a component
Hence, an increase in real GDP is an increase in planned expenditures and planned income
