Answer:
The importance of stocktaking is clear. It allows you to regularly monitor and increase gross profit, reduce loss, improve control of allowances, and reduce waste
Explanation:
Answer:
Decrease <u>Cash </u>and Increase <u>Expense</u>
Explanation:
Jackson Programming paid $500 as rent for the month of June.
The accounting equation is is the basis of the double entry accounting principle system. It is an equation that stipulates that the balance sheet must remain balanced meaning every entry on the debit should be followed with a corresponding credit. It also means for every decrease there should be a corresponding increase.
In Jackson Programming;
A decrease is recorded in CASH because cash was paid, while an increase is recorded in EXPENSE because there is a corresponding increase in rent expenses.
Factors of production are common to all productive activities, regardless of the economic system. Labor, as a factor of production, relates only to the production of manufactured goods; services are not included. So it is True
Answer:
The correct answer is withholding information
Explanation:
When a real estate agent retains or hides information directly related to the property or that is waiting to be sold, it is considered unethical. However, there may be legitimate reasons to retain information temporarily. For example, it is ethical to retain the names of dead victims until families are notified. Sometimes it is necessary to retain strategic information due to national security concerns, for example, a case involving the ongoing investigation of a terrorist plot. Or sometimes it is a good option to temporarily retain information that could unnecessarily scare the public.
