Answer and Explanation:
1. Journal Entries
July 15 Accounts Receivable $66,000
Sale Revenue $66,000
July 23 Cash $64,680
Sales discount 1320
Accounts Receivable 66,000
2. Journal Entries
July 15 Accounts Receivable $66,000
Sale Revenue $66,000
August 15 Cash $66,000
Accounts Receivable 66,000
Answer:
Target Corporation
Accounts that appear on the balance or the income statement:
Balance Sheet:
Accumulated depreciation 7,887
Retained earnings 12,761
Property, plant
Income Statement:
Sales $61,471
Depreciation expense 1,659
Net income 2,849
Explanation:
The accounts that appear on the balance sheet of Target Corporation are permanent accounts, which are not closed to the income summary at the end of its financial period. These accounts are carried over to the next accounting period. They include assets, liabilities, and owners' equity. The accounts that appear on the income statement of Target Corporation are the temporary accounts, which are closed to the income summary at the end of the company's financial period. The accounts include revenue and expenses, which are compared to extract the net income or loss for the period.
The answer is going to be negative
"Real Wages" are wages that are adjusted for inflation and rising prices. As prices rise, people are able to buy less and less with their "nominal" (aka un-adjusted) wages.
One example is gas for your car. If you make $1000 a month and gas goes up from $2.50 to $3, your un-adjusted wages stay the same (you still make $1000) but you can't buy as much of other things because your "real" wages have effectively gone down due to the price increase of gas.
Answer:
A
Explanation:
The Brundtland Report defines Sustainable development as "development that meets the needs of the present without compromising the ability of future generations to meet their own needs."
