Accounting or accountancy is the measurement, processing, and communication of financial and non financial information about economic entities such as businesses and corporations.
Answer:
Explanation:
Given:
Discount = original price × discount fraction
Discounted price = original price - discount
Discount fraction = 20%
= 20/100
A.
Original price of shirt = $x
Original price of hat = $(x + 10)
Discounted price of shirt = $x - $0.2x
= $0.8x
Discounted price of hat = $(x + 10)
- 0.2$(x + 10)
= $0.8 × (x + 10)
Difference of discounted price of hat to shirt = 0.8(x + 10) - 0.8x
= $8
B.
Original price of shirt = $x
Original price of hat = $ 1.5 × x
Discounted price of shirt = $x - $0.2x
= $0.8x
Discounted price of hat = $ 1.5 × x
- 0.2 × $ 1.5 × x
= $ 1.2x
Difference of discounted price of hat to shirt = 1.2x - 0.8x
= $ 0.4x
A tax cut's impact on the economy would typically be weaker if people anticipated that it would only be temporary.
This is due to the fact that fiscal policy often focuses on macroeconomic stabilization, which involves lowering taxes to support a struggling economy and raising taxes to fight inflation.
Taxation and expenditure measures taken by the federal government to stimulate the economy are referred to as fiscal policy.
Discretionary Fiscal Policy is the term used to describe budgetary actions taken by the federal government to alter the status quo economy or to control inflation.
When fiscal policies are put into practice, either government spending is reduced, taxes are raised, or both.
Learn more about Fiscal Policy here
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The answer is true. The FDIC is supported by the US government and was created by it the n the stock market crashed in the 1930s.
Answer:
D. Debit to COGS for $93,000
Explanation:
The following two journal entries are to be recorded in the accounts on the sale of inventory.
Debit Credit
Revenue $111,000
Accounts receivable $111,000
Cost of Goods sold $93,000
Inventory $93,000
So based on the above discussion, the answer is D. Debit to COGS for $93,000
