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zmey [24]
3 years ago
11

After closing the only owner's equity account that remains open is the __________ account.

Business
1 answer:
zysi [14]3 years ago
3 0
Your answer is <span>asset and liability</span>
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Purchase? Stationary of RS 6000 in accounting equation ​
motikmotik

Answer:

see below

Explanation:

Purchase of goods worth Rs 6000 will increase stocks( assets account by Rs 6000 and increase creditor ( liabilities by 6000). The effect on the accounting equation is as below.

The accounting equation is  Assets = Equity + liabilities

Assets  =      Equity  +    liabilities

stocks                              creditors

+ Rs 6000                         +Rs 6000    

6 0
3 years ago
Auto company engineers want technical terms such as limited slip differential used in car ads. ad execs, on the other hand, don'
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The cause of their disagreement is "Language".

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5 0
4 years ago
Network effects areA) increases in demand resulting from products being mentioned positively in a television program.B) increase
vfiekz [6]

Answer:

B) increases in the value of a product to each user, including existing users, as the total number of users rises.

Explanation:

A network effect happens when a product or service gains value because more people are consuming or using it.

The perfect example of network effects are social networks, the larger the quantity of people using them, the more valuable they become for both new and existing users.

5 0
3 years ago
A government imposes a per-unit tax on light bulbs in a competitive market. Afterward, the seller's after-tax price increases fr
Montano1993 [528]

Answer:

A. Total expenditure on light bulb increases after the tax.

Explanation:

The government has imposed tax on the light bulb production and the new price after the tax is $14. The price before the tax was $12 and the marginal cost before tax was $9. There was a profit of $3 for the producers of the light bulb. The tax burden is shifted to the consumers of the bulb since the marginal price after tax is $12. Total expense for the production of bulb has increased due to tax.

7 0
3 years ago
A good, service, or idea consisting of a bundle of tangible and intangible attributes that satisfies consumers' needs and is rec
belka [17]
The answer of the above question is “product”.
3 0
3 years ago
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