In accounting, cash receipts refer to the record of the sales made in a form of cash, therefore, credit sales are not included in this record. When we say sales made on account, this refers to credit sales. Therefore, the answer to the given statement above is FALSE.
Jan has just found out that she has been appointed to raise and provide the personal care of the children of her best friend in her will. Jan considered in this will as guardian.
What does guardian do?
A guardian is answerable for an elder or minor ward's personal care, which includes housing and medical care. Guardian make certain that their ward has an area to stay, including the guardian's domestic, with a caretaker, or in an assisted living or full-care facility.
Who's guardian in own family?
A guardian is normally a close blood relative of the kid. this is usually a person who has spent some time with the kid, has some emotional or relational connection to them, and is acquainted with the kid's needs. this will be the kid's grandparent, aunt/uncle, or different relative.
What is a guardian for a kid?
A guardian is a person who has the legal authority to attend to a baby have to whatever appear to the parents. Guardians are answerable for taking all parental choices and can also be chargeable for coping with a toddler's property and inheritance.
Why might a infant want a guardian?
A child guardian will be needed in a toddler matter wherein the pursuits of the kid won't be represented. this may generally occur when the social services are involved in the court cases and there is an problem with the dad and mom potential to appearance after the wishes and interests of the kid.
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Because the people selling it needs to make profit.
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If the government wants to expand aggregate demand, it can "rebate" government purchases or "cut" taxes.
<h3>What is aggregate demand?</h3>
The total quantity of demand for all finished products and services generated in an economy is measured as aggregate demand.
Some characteristics of aggregate demand are-
- The total amount of money spent on those goods and services at a particular price level and time is known as aggregate demand.
- The correlation between output and all prices can be seen on an aggregate demand curve.
- In the end, the aggregate demand curve slopes downward because it predicts a fall in real gross domestic product (GDP) as prices rise.
- Consumer spending, investment spending, government spending, and the difference between exports and imports are all added together to determine aggregate demand.
- When one of these variables changes but the overall supply stays unchanged, aggregate demand will alter.
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