Answer:
e. $85,300.
Explanation:
ending accounts payable
= beginning accounts payable + purchases - payment of accounts payable
= $78,000 + $44,900 - $37,600
= $85,300
Therefore, The balance in accounts payable at the end of March is $85,300.
Answer:
D.Cash 1,274 Sales Discount 26 Accounts Receivable 1,300
Explanation:
The journal entry is shown below:
Cash A/c Dr $1,274
Sales Discount A/c Dr $26
To Accounts receivable $1,300
(Being cash received recorded)
The computation of the account receivable
= Credit sales - returned goods
= $1,800 - $500
= $1,300
And, the discount would be
= Accounts receivable × percentage given
= $1,300 × 2%
= $26
The remaining amount would be credited to the cash account.
Answer:
The equilibrium quantities of lettuce reduces and price remains the same.
Explanation:
In the attached image is the grapichal analysis of the reduction of demand and supply in the same proportion.
Answer:
a. Gain
b. Lose
Explanation:
a. The consumers in Importing country will gain in a perfect competition because imports by the country will increase the variety of products available and in a perfect competition every seller have the equal chance to sell its goods, so in order to increase sales the sellers may reduce prices which will result in a gain for the consumers.
b. The consumers in exporting country will lose in a perfect competition because the country is exporting the goods to another country and so the country exporting the goods will be left with limited goods and due to equal demand the prices will remain same or may increase if demand is increased which will result in a loss for the consumers of goods in a exporting country.
Answer:
B) Supply of foreign currencies and a supply of dollars in the foreign exchange markets
Explanation: just search it up they don't demand for foreign currencies they supply of foreign currencies
