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Tasya [4]
3 years ago
6

1. When a person dies, arrangements will first be made to pay his or her final expenses, such as

Business
1 answer:
Iteru [2.4K]3 years ago
5 0
The answer to the question that you just asked is true because that is what happens
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Can someone Plss answer this question for me
finlep [7]

If I were the Chairman of the Federal Reserve, I would take steps to curtail the rising inflation. I would achieve this by carrying out a open market sale. This would reduce the supply of money in the economy and reduce inflation.

<h3>What is an open market sale?</h3>

Open market sale is a type of contractionary monetary policy. Contractionary monetary policy are steps taken by the government to reduce the supply of money in the economy.

To learn more about monetary policy, please check: brainly.com/question/3817564

#SPJ1

7 0
2 years ago
What is the main difference between renting and leasing?
jenyasd209 [6]

Answer:

C-When you lease you normally have a longer term contract and can't move

out early without paying big penalties.

Explanation:

The difference between lease and rent is that a lease generally lasts for 12 months while a rental agreement generally lasts for 30 days

6 0
3 years ago
Blowing Sand Company produces the Drafty model fan, which currently has a net loss of $38,000 as follows:
Dimas [21]

Answer:

I dont think anybodys going to answer this

Explanation:

8 0
2 years ago
For each separate case below, follow the three-step process for adjusting the unearned revenue liability account at December 31
Vadim26 [7]

Answer:

1. Assume no other adjusting entries are made during the year a. Tao Co. receives $10,000 cash in advance for four months of legal services on October 1, 2017, and records it by debiting Cash and crediting Unearned Revenue both for $10,000. It is now December 31, 2017, and Tao has provided legal services as planned. hat adjusting entry should Tao make to account for the work performed from October 1 through December 31, 2017?

Step 1: Unearned Revenue has a credit balance of $10,000

Step 2: Unearned Revenue should have a credit balance of $2,500 only.

Step 3: Adjusting Journal Entry:

Debit Unearned Revenue $7,500

Credit Service Revenue $7,500

To record revenue for services performed to December 31, 2017.

2.  Caden started a new publication called Contest News. Its sub subscriber, Caden debits Cash and credits Unearned Subscription Revenue for the amounts received. The company has 100 new subscribers as of July 1, 2017. It sends Contest News to each of these subscribers every month from July through December Assume no changes in subscribers, prepare the journal entry that Caden must make as of December 31, 2017, to adjust the Subscription Revenue account and the Unearned Subscription Revenue account pay $24 to receive 12 monthly issues.

Step 1: Unearned Subscription Revenue has a credit balance of $2,400

Step 2: Unearned Subscription Revenue should have a credit balance of only $1,200.

Step 3: Adjusting Journal Entry:

Debit Unearned Subscription Revenue $1,200

Credit Subscription Revenue $1,200

To record subscription revenue for services performed to December 31, 2017.

Explanation:

Tao Co and Caden follow the three-step process of adjusting unearned revenue liability accounts at year-end.  The purpose of the steps is to ensure that correct amounts remain as balances in the unearned revenue accounts.  The steps also help to adjust the Earned Revenue account to its proper amount in recognition of goods or services provided in accordance with the accrual concept and the matching principle of generally accepted accounting principles.

8 0
3 years ago
When a certain competitive firm produces and sells 100 units of output, marginal revenue is $80. When the same firm produces and
Assoli18 [71]

Answer:

d. This cannot be determined from the given information

Explanation:

To find the average revenue of 200 units it is necessary to know the total units. However, the function of the marginal revenue is not given. It is impossible to infer the marginal revenue (price) of other units (of output) only from knowing the marginal revenue of the 100th unit.

6 0
3 years ago
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