Answer:
1)Journal Entries are given below
2) November 27 requires notes to Financial Statements
Explanation:
1) Journal Entries :
DEBIT CREDIT
Nov-04 A/C RECEIVABLES 6505
SALES/REVENUE 6505
COST OF GOODS SOLD 4163
INVENTORY 4163
Nov-09 FEE EXPENSE FACTORING 295
CASH 14461
A/C RECEIVABLES 14756
Nov-17 CASH 3578
A/C RECEIVABLES 3578
Nov-27 CASH 8432
NOTES PAYABLES 8432
Nov-27 NO JOURNAL ENTRY REQUIRED
2) NOTES TO FINANCIAL STATEMENTS
AN AMOUNT OF $ 10962 OF A/C Receivable IS PLEDGED AS SECURITY FOR LOAN.
Answer:
When Sue claims the commerce clause increases government power she speaks of the federal government however when sam states that the commerce clause reduces government power he would be speaking of the state government.
Explanation:
The power of the federal government was expanded by the Commerce clause because it gave the federal government to regulate money and foreign trade.gives power to the states on everything not clearly given to the federal government.
the Commerce Clause as a restraint upon state exercises of power, absent congressional action, received no sustained justification or explanation; the clause, of course, empowers Congress, not the courts, to regulate commerce among the states.
The Commerce Clause does not give the federal government the power to abrogate the sovereign immunity of the states. Many described the Rehnquist Court's Commerce Clause cases as a doctrine of "New Federalism".
Answer:
B. Firms are hesitant to rehire laid off workers as they continue to operate below capacity.
Explanation:
- When the economy is in a slow pace and sluggishness takes place then it said to be harmful to the business and has negative impacts on the labor market. As the business are less willing to hire laid-off workers as they continue to operate below capacity due to the weakness in the economic growths of the nation.
What effect, if any, would you expect poor-quality materials to have on direct labor variances: If poor-quality materials create production problems, a result could be excessive labor time and therefore an unfavorable labor efficiency variance.
An unfavourable situation or set of conditions is one that involves difficult problems and makes success harder to achieve. They had finally gained independence, but on very unfavorable terms.
What is unfavorable reaction psychology?
An adverse reaction is a negative reaction to a medical procedure or medication. Also known as a negative side effect, these can be caused by a physical sensitivity or allergy to a medication. Other causes can include taking medications too often, not often enough, or in the wrong dosage.
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