Answer:
1. Increased assets (Cash) – Increased stockholders’ equity (Common Stock)
2. Decreased stockholders’ equity (Rent Expense) - Decreased assets (Cash)
3. Increased assets (Cash) – Increased stockholders’ equity (Service revenue)
4. Increased assets (Accounts receivable) – Increased stockholders’ equity (Service revenue)
5. Decreased liabilities (Cash Dividends Payable) – Decreased assets (Cash)
6. Decreased stockholders’ equity (Advertising Expense) - Increased liabilities (Accounts payable)
7. Increased assets (Cash) – Decreased assets (Accounts receivable)
8. Increased assets (Equipment) – Decreased assets (Cash)
9. Increased assets (Equipment) – Increased liabilities (Accounts payable)
Explanation:
Accounting Equation Formula:
Assets = Liabilities + Owner's Equity
This equation tells us that Assets are increased by Debits and decreased by Credits, instead, Liabilities and Stockholders´ Equity decreased by Debits and increased by Credits. In the answer, Debits are represented by the left side of the note, and Credits by the right side of the note.
<span>In the table above the output level where the price minus atc (average total cost) is a maximum (or least negative) is the maximum profit position. this occurs at an output of four units.</span>
The assumption that if planning is perfect there is no need for controlling is false.
This is because controlling is a very vital and important part of
management. Controlling helps to organize the various factors needed in
the completion of a project. This helps to prevent and reduce mistakes to
the barest minimum that may arise as we are all prone to errors.
A management process without any form of control will result in the target
and exact instructions not being met or adhered to.
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Answer: c. microeconomics.
Answer:
As competition increases, traders must offer certain advantage to their clients, e.g. lower prices, credit sales, longer payment terms, etc., which end up benefiting their clients, and also traders will be willing to relinquish some of their gains to keep existing clients.
This is exactly the same thing that occurs in a given market when the number of suppliers increases, decreasing the equilibrium price and increasing consumer surplus.
