Two accounting equalities to maintain in transaction analysis are Assets and Liabilities + Equity.
One key element of performing accounting transaction analysis is ensuring that the accounting equation is balanced. This means that for every debit account entry, you must have a credit account entry of the same amount.
This accounting equation works as-
Assets = Liabilities + Equity
Assets- This refers to the resources of a company and includes cash and cash equivalents, accounts receivable, and inventory.
Liabilities and equity- The liabilities of a company refer to its financial obligations, such as loans, long-term debts, mortgages, and notes payable.The shareholder’s equity of a company refers to the dollar value of the company and can be calculated by subtracting its liabilities from its assets. Both liabilities and equity show how the company has financed its assets.
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<span>The point where a column and row meet forms a rectangle
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Answer:
a. Retailer
Explanation:
Retailer is "a business or person that sells goods to the consumer, as opposed to a wholesaler or supplier, who normally sell their goods to another business
"
Reference: WebFinance. “Read the Full Definition.” BusinessDictionary.com, 2019
Answer:
it might be informative and persuasive I'm pretty sure it is but not 100% I'm sorry
Answer:
The answer is: He needs the price of coffee to go down to convince him to buy more.
Explanation:
A demand curve (almost) always has a negative slope. As a product gets more expensive, the amount of people willing to buy that product decreases. So if the product gets cheaper, the more people are willing to purchase it.
The opposite happens with the supply curve, as the price of a product increases, the more companies are willing to sell that product.
