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Advocard [28]
3 years ago
12

If the salaries of accountants increase and other conditions remain the same, then

Business
1 answer:
LUCKY_DIMON [66]3 years ago
8 0

Answer:

A

Explanation:

An increase in the salary of accountants would increase the cost of hiring accountants. As a result, the quantity demanded of accountants would reduce. As a result, there would be a leftward shift along the demand curve.

Other factors other than salary would lead to a shift of the labour supply curve. e.g., technological advancement that makes accountants positions obsolete

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Recently, much of the Western United States experienced drought conditions and water usage was restricted in Denver. Yet, even t
Savatey [412]

Answer: Price inelastic.

Explanation:

In Denver as described in the question the demand for water is price inelastic as it doesn't change regardless of changes in price of water. An item is said to be price inelastic if the demand remains the same regardless of price rise or fall of that item.

8 0
3 years ago
The price that is set by the interaction of supply and demand for product is called the market price , true or false?!
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 would say that it is true. But I'm not completely sure
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3 years ago
Read 2 more answers
At December 31, 2019, Blanda Company had a credit balance of $15,000 in Allowance for Doubtful Accounts. During 2020, Blanda wro
Alex73 [517]

Answer:

journal entries

Write-off

Debit Bad Debts expense $11,000 Credit Accounts receivable $11,000

Recovery

Debit Bank $1,800 Credit Bad Debt Recovered income $1,800

Allowance for Doubtful debt Adjustment

Debit Allowance for doubtful debt Adjustment $4,000 Credit Allowance for doubtful debt $4,000

Explanation:

Write-off

The write-off creates an expense (bad debt) and and decreases an asset ( Accounts receivable)

Recovery

Since the amount has been written off as bad, when it is recovered it is no longer recognized as a payment on accounts receivable but an income the entity thought was lost.

Allowance for doubtful debt adjustment

The differences in the opening balance and closing balance either creates an expense or an income adjustment. These estimates are on net Accounts receivables ( after bad debts) are a negative assets.

19000 - 15000 = 4000(increase) adjustment and is an expense.

7 0
3 years ago
Congress passed a law imposing penalties for displaying "indecent" material online where children could see it. If the U.S. Supr
ratelena [41]

Answer:

1) True

Explanation:

The checks and balances system allows every one of the government branches a say on new laws. First of all, Congress makes and passes laws. Second, the President can veto any law, and Congress needs two-thirds votes on both houses to overrun the presidential veto. Third, the Supreme Court decides if the law is constitutional or not, if it decides that the law is unconstitutional, it is eliminated completely or partially depending on the ruling.

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3 years ago
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