Answer:
A mixed economy has three of the followingcharacteristics of a market economy.
Answer:
The Journal entries are as follows:
(1) On September 9,
Petty cash A/c Dr. $410
To cash $410
( To establish $410 petty cash fund)
(2) On September 30,
Printing expenses A/c Dr. $60
Postage expenses A/c Dr. $70
Miscellaneous expenses A/c Dr. $135
Cash over and short A/c Dr. $11
To cash A/c $276
(To reimburse petty cash fund)
(3) On October 1,
Petty cash A/c Dr. $75
To cash A/c $75
(To increase the petty cash fund to $485)
Sally works for Timber Products, Inc. The basis for her contribution under the Federal Insurance Contribution Act to help pay for benefits that will partially make up for her loss of income on retirement is her annual wage base.
Answer: Option B
<u>Explanation:</u>
The contribution that Sally, who is working for Timber Products incorporation, has to make for federal insurance contribution act is based on the amount of wage that Sally gets on an annual basis or the wage that she gets in a year.
A part of that wage which is a particular percentage is paid to the federal insurance contribution act who is going to benefit her in case she incurs any kind of loss of income.
<span>As a result of patent laws, a company cannot make its product illegally similar to a competitor's already established product. In order for a company to 'own' their product, they must file for a patent. A patent is the title or license of an invention so that no other company can replicate or reproduce it.</span>
Answer:
Simple structure depends on owner supervision to look after the all activities that performed during the task.
Explanation:
Simple structure depends on owner supervision to look after the all activities that performed during the task. Therefore it become sometimes more difficult to look on every activities and this become more critical and complex when company grows.
it is very simple design in any business. as in case of small business where owner itself act as manager to operate all activities at his/her level
