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musickatia [10]
3 years ago
14

The following information is from the Income Statement of the Vaughn Laundry Service:

Business
1 answer:
Pachacha [2.7K]3 years ago
4 0

Answer:

Debit to income summary account = $2,770

Explanation:

The journal entry to close the expense account is shown below:

Income summary A/c Dr $2,770

   To Salaries and wages expense     $1,910

   To Advertising expense                   $390

   To Rent expense                              $ 230

   To Supplies expense                        $160

   To insurance expense                       $80

(Being expense accounts are closed)

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The costs and risks associated with doing business in a foreign country are typically?
shutvik [7]

The costs and risks associated with doing business in a foreign country are typically lower in economically advanced and politically stable democratic nations.

A business is an activity that makes a living or makes money by manufacturing or buying and selling products.

Business is defined as an organization or business entity engaged in commercial, industrial, or professional activities. A business can be a for-profit or non-profit organization. The types range from corporations with limited liability to sole proprietorships, corporations and partnerships.

The definition of business is the profession or trade, the buying and selling of goods or services for profit. A business example is agriculture. An example of a transaction is the sale of a home.

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6 0
2 years ago
Brandi is discussing an important issue with a colleague, Antoinette, and wants to convey a positive attitude. One way for her t
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If Brandi wants to convey a positive attitude. One way for her to do that is by : facing Antoinette directly.

<h3>Positive attitude</h3>

If Brandi want to show a positive attitude when interacting or communicating with Antoinette the best thing is for her to face antonienette face to face or directly.

Positive attitude is important as it help to resolve conflict and it tend to as well lead to creative thinking . Based on this by facing antoniette directly Brandi will be able to achieve her aim.

Therefore  one way for her to do that is by : facing Antoinette directly.

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7 0
3 years ago
The difference between market demand and aggregate demand is that:
svetoff [14.1K]

Answer:

d. aggregate demand applies to all goods and market demand applies to a specific good.

Explanation:

Market demand is to the quantities of a good or service that customers are able and willing to buy at a given period at a specific price. The focus is on a single product.

Market demand is in the microeconomics category. It addresses the quantities of a product that customers are willing to buy from the market at a specific price. In determining market demand, price is a critical consideration.

Aggregate demand is the total spending by the economy on goods and services at alternative prices over a given period. The consideration is for the entire country.

Aggregate demand represents the macroeconomic conditions of the country. In the long run, aggregate demand is the GDP of an economy.  GDP is the total amount of goods and services produced in a country, while Aggregate demand is the demand for those goods and services.

.

3 0
3 years ago
Green Vehicle​ Inc., manufactures electric cars and small delivery trucks. It has just opened a new factory where the C1 car and
ioda

Answer and Explanation:

(a)

Variables are given as follows

Total number of cars, C1

Total number of trucks, T1

(b)

Our aim is to maximize the total profit of Green Vehicle Inc.

Max z = 300T1 + 220T1

(c)

In this question, we have limitations, which are

0.025T1 + 0.017C1 ≤ 1

0.020T1 + 0.020C1 ≤ 1

hence attached below are the excel solutions to the problem

3 0
3 years ago
_____ was established by the Better Business Bureau to evaluate ads directed at children based on guidelines that encourage sens
kaheart [24]

Review Unit for Children's Advertising  was established by the Better Business Bureau to evaluate ads directed at children based on guidelines that encourage sensitivity to their level of sophistication and knowledge, as well as an emphasis on positive social traits such as friendship and kindness.

<u>Explanation: </u>

In 1974, the US self regulatory organization was created by the National Advertising Review Board. The Children's Advertising Review Unit is an organization of the Council of Better Business Bureaus, basically has two missions:  

  1. to protect kids from misleading or unwanted coverage across all channels and;  
  2. CARU partners with companies in order they conform to all relevant legislation and the autonomous CARU standards which take account of the exceptionally impressive and disadvantaged children's audience, both marketing and data collection practices.

When advertising or data gathering practices are discovered to be ambiguous, improper or inconsistent with the CARU guidelines, CARU aims to change through voluntary participation between companies.

4 0
3 years ago
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