Good record entry is important in business, adjusting entries will include record of goods that was previously purchased.
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What is Journal entry?</h3>
Journal entry contains business details or data to a single business transaction. It includes the date, the amount payable for a particular good and the amount to be debited.
Adjusting entries include records that has changes to accounts that are not otherwise accounted for in the journal earlier.
Therefore, Adjusting entries will record taking a discount when paying for goods previously purchased.
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Answer:
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Explanation:
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Answer:
C) consumer’s desired price is too low, producers may limit the amount produced
Explanation:
Free markets follow the laws of rational expectations, and supply and demand.
If consumers believe that any product or service is too expensive and does not provide enough satisfaction that will justify its high price, then they will simply not purchase it.
On the other hand, if businesses see that the quantity demanded for a good or service is too low, then they will reduce its production until an equilibrium quantity and price is reached. If businesses overstock themselves, they are going to lose money, and businesses are not willing to lose money.
Answer:
Thr correct answer is b. high.
Explanation:
New investment is usually put into an economy when profit expectations are high.
The rate of economic growth (means profit opportunity) affects the level of investment. Business investment tends to be quite volatile. If businesses see an improvement in economic forecasts, they will increase investment to meet future demand. Therefore, an improvement in the rate of economic growth can cause a substantial rise in investment. But, if there is an economic downturn and a fall in the rate of economic growth, business will cut back on investment.
However, in addition, to the profit expectations, the level of investment also depends on the rate of interest, business confidence, technological progress and, government regulations and policies .
Answer: coaching Joe rather than helping him.
Explanation:
Based on the scenario in the question, Becca's approach to getting Joe up to speed indicates that she is coaching rather Joe than helping him.
A coach is someone who guides someone and makes them better and believe in themselves. Since Becca has provided Joe with guidance by offering advice, encouragement, and instructions, this shows that Becca has been coaching him.