Answer:
See explanation section
Explanation:
1. Debit Cash $17,000
Credit Service revenue (music) $17,000
<em>Note: The academy receives cash by providing music services to the students.</em>
2. Debit Prepaid Insurance $4,200
Credit Cash $4,200
<em>Note: The academy paid cash in advance to purchase insurance policy.</em>
3. Debit Musical Equipment $20,000
Credit Cash $20,000
<em>Note: The academy paid cash for acquiring musical equipment.</em>
4. Debit Cash $30,000
Credit Notes payable $30,000
<em>Note: The academy borrowed cash by signing a notes from the bank.</em>
The correct answer for this question is: TRUE. The Federal Advisory Council of the Federal Reserve decides if any changes to the money supply are needed. It is one of the responsibilities of the Federal Advisory Council of the Federal Reserve regarding to money supply that is needed.
Advertising wearout is a term used to describe the wear of an advertising campaign that can even irritate consumers.
<h3>What is advertising wearout?</h3>
It is the loss of effectiveness in the memory of the message or the feeling of irritability before an advertisement by increasing the level of exposure.
It is a consequence of the constant maintenance of the advertisement in the medium that consumers become saturated of seeing the same commercial repeatedly.
Therefore, we can conclude that advertising wearout is a term used to describe the wear of an advertising campaign that can even irritate consumers.
Learn more about advertising here: brainly.com/question/13069627
Answer:
The correct answer is letter "B": changes in the prices of goods and services typically purchased by consumers.
Explanation:
The Consumer Price Index (CPI) is seen as the U.S. economy's standard inflation guide. It uses a goods basket approach which aims to compare a consistent year-to-year product base focusing on products that consumers buy and use every day. <em>Consumer staples are the base for computing the CPI.</em>
