Answer:
D) The demand for cheap pizza will decrease because demand for cheap pizza is negative related to income.
As students finds high paying job, they are now able to buy more expensive pizza, which means that a number of customers for cheap pizza will be decreased
Answer:
1.March 1
Dr Cash 7,500
Cr Unearned Revenue 7,500
2.July 31
Dr Unearned Revenue 7,500
C Design Services Revenue 7,500
Explanation:
1.Preparation of journal entry for March 1 journal entry
Based on the information given we were told that the designer receives the amount of $7,500 as a check in advance from a customer which means that the journal entry will be:
Dr Cash 7,500
Cr Unearned Revenue 7,500
2.Preparation of the July 31 journal entry.
Based on the information given we were told that the designer completed the design work for this customer which means that the journal entry will be:
July 31
Dr Unearned Revenue 7,500
C Design Services Revenue 7,500
- A franchise allows owners to be their own boss however they must still follow the rules and regulations and procedures of the franchise. In most franchises the owner must pay a large sum of money to buy into the franchise and share profits or pay royalties to the franchisor based on sales, not profits.
- In a partnership, two or more people pool their money and credit to start the business.
1) Not sure but I think A
2) D
3) A
Answer:Money market funds are mutual funds that investors typically use for relatively low-risk holdings in a portfolio. 1 These funds typically invest in short-term debt instruments, and they pay out earnings in the form of a dividend. A money market fund is not the same as a money market account at a bank or credit union.
Explanation:
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