Answer:
The Journal entries with their narrations of Jesse’s investment and Tim’s investment is shown below:-
Explanation:
a. Jesse’s investment
Accounts Receivable Dr, $41,600
($45,000 - $3,400)
Agreed price of equipment Dr, $68,200
To allowance for doubtful debts $1,600
To capital account $108,200
(Being Jesse's investment is recorded)
b. Tim’s investment
Cash Dr, $22,000
Agreed price of inventory Dr, $49,000
To Tim capital $71,000
(Being Tim's investment is recorded)
The correct answer to this question is letter "c. federal employment act of 1940." Minimum wages, hours of employment, and child labor are regulated by the <span>federal employment act of 1940. This act should be implemented well so that to give fair to the employees.</span>
Answer:
c. the entry of new firms
Explanation:
- The entry of the new firms in the market creating a market supply curves to shift to the right side and as the curve shifts the markets price then starts to decline with it
- This declines the economic profits in the new and the existing firms as long as the profits exists in the markets and entry will continue to shift to supply to the right.
- The diversification of the melt and the fall in the monopoly of the firms start to take place.
- They take up resource ownership and technological developments. In short, they increase the competitiveness and bring rivalry into the market.
If you target who you are after and you will know how to reach them easier. You'll also be more focused plus more effective in your marketing strategies and be able to get a greater return on marketing investments.
Answer:
$22,500
Explanation:
Given that,
During the year, Cost of shipping inventory to the Ski Outfit = $92,500
By the end of the year, amount of merchandise sold to customers = $70,000
Mogul will repeat inventory at the year end:
= Cost of inventory sent to consignee - Cost of inventory sold by consignee
= $92,500 - $70,000
= $22,500
Therefore, the amount of inventory will Mogul report at year end is $22,500.
