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3 years ago

The impact of gvt on the economy

Business

1 answer:

Norma-Jean [14]3 years ago

6 0

Answer:

the government impact the economy in four different ways by producing goods and services ,including roads and national defense .less than half of federal spending is devoted to the production of goods and services

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For each of the following, journalize the necessary adjusting entry. (a) A business pays weekly salaries of $15,000 on Friday fo

Helen [10]

Answer:

Part 1:

Account Debit Credit

Salary Expense $9,000

Salary Payable $9,000

Part 2:

Account Debit Credit

Salary Expense $12,000

Salary Payable $12,000

Explanation:

Part 1:

Wednesday (3rd day of the week)

Salary of week =$15,000

Salary of each day=$15,000/5

Salary of each day=$3,000

Salary on Wednesday=$3,000*3

Salary on Wednesday=$9,000

Journal Entry:

Account Debit Credit

Salary Expense $9,000

Salary Payable $9,000

Part 2:

Salary of week =$15,000

Salary of each day=$15,000/5

Salary of each day=$3,000

Salary on Wednesday=$3,000*4

Salary on Wednesday=$12,000

Journal Entry:

Account Debit Credit

Salary Expense $12,000

Salary Payable $12,000

5 0

3 years ago

At a production level of 5,150 units, a project has total cash costs of $130,789. The variable cost per unit is $11.07, and the

Sphinxa [80]

Answer:

d. $73,778.50

Explanation:

Variable Cost = $11.07 per unit x 5,150 units = $57,010.50

Total Cost = $130,789

Fixed Cost = Total Cost - Variable Cost

Fixed Cost = $130,789 - $57,010.50

Fixed Cost = $73,778.50

Since Depreciation is the Fixed Cost and we have been given the Total Cost of the Project, so the Depreciation is already included in the Fixed Cost.

Hence Total Fixed Cost is equal to $73,778.50.

3 0

3 years ago

During the month of March 2017, Weimar World, a tax-preparation service, had the following transactions. * Billed $496,000 in re

Vadim26 [7]

Answer:

A. $302,000

Explanation:

The computation of the net income under accrual basis accounting is shown below:

= Billed in revenues on credit - incurred expenses

= $496,000 - $194,000

= $302,000

The prepaid expenses and the received amount would not be considered in the computation part. Hence, ignored it

Only revenues on credit and incurred expenses are considered in the computation part. No other item values would be taken.

8 0

3 years ago

In the game of economics,

kirill [66]

Answer:

Services

Explanation:

In the game of economics, services are actions that other people value. Services are something which people get and it helps to improve the utility level of a customer. Services are valued by people because it satisfies their needs and wants. Moreover, this is why people pay a lot of money to get better services because it plays an important to fulfil human wants.

7 0

4 years ago

Google My Business verification has specific requirements for approval: the business name must be exactly as it appears in real

OLEGan [10]

Answer:

correct option is b. Location isn’t yet open

Explanation:

solution

third potential reason for disapproval in verification process if location is not yet open because Google allow you for adding all business detail before you open particular verification

so that If business has not yet open then verification will be false

and 1 thing we required that we can postpone verification date otherwise it will show false information google

So first you sign in Google business and invite people

and set open date as real and after that choose for verify

so here correct option is b. Location is not yet open

6 0

3 years ago