The effect on aggregate demand is: left Shift in the Aggregate Demand Curve - expectations.
Effect on aggregate demand
Left Shift in the Aggregate Demand Curve - expectations means that the total amount consumer tends to spend on goods and services are decreasing.
Consumer spending less can occur when things are costly or due to the inflation which is the rise in the price of goods and services in the market.
Inconclusion the effect on aggregate demand is: left Shift in the Aggregate Demand Curve - expectations.
Learn more about Effect on aggregate demand here:brainly.com/question/25749867
A hospital whose departmental and shift teams share information and expectations about work is an example of high media richness.
<h3 /><h3>What is media wealth theory?</h3>
It is a way of classifying and structurally evaluating the wealth of media used in the work environment. The theory states that the greater the ability of a medium to convey a complex message effectively, the richer it will be.
Therefore, high media richness is related to reducing ambiguity in a communication, conveying a message more quickly and effectively.
Find out more about media wealth theory here:
brainly.com/question/5608221
Answer:
Allowable Business Expense is $50
Explanation:
The entertainment expenses that were paid before the business deal are allowed business expenses and those entertainment expenses that were incurred after the business deal are disallowed business expenses.
So here, the entertainment expense that includes meal which is worth $100 and is the only allowable business expense here that was incurred before the business deal.
The meal with clients are 50% deductible which means only 50% of the $100 is allowed as business expense.
Allowable Business Expense = $100 * 50% = $50
Answer and Explanation:
The journal entries are as follows:
On May 4
Account payable $600
To cash $600
(Being cash paid is recorded)
On May 7
Account receivable $6,500
To service revenue $6,500
(being service on account is recorded)
On May 8
Supplies $800
To Account payable $800
(being supplies purchased on account)
On May 9
Equipment $1,000
To cash $1,000
(being cash paid)
On May 17
Salary expense $500
To cash $500
(being cash paid)
On May 22
Repair expense $800
To Account payable $800
(Being received bill for repairing of an equipment is recorded)
On May 27
Prepaid rent $1,100
To cash $1,100
(Being cash paid is recorded)
Answer:
(B) adding all of the debits, adding all of the credits, and then subtracting the smaller sum from the larger sum
Explanation:
While calculating the closing balance of any account,
There includes two possibilities that the account might have debit balance or the account might have credit balance. And for computing this:
All the debits shall be accumulated and then their total shall be computed.
Similarly, all the credits shall be accumulated and their total shall be done.
Which ever is more then the account will have that nature of balance, accordingly the smaller shall be deducted from the larger one and the larger one will decide the nature of balance whether debit or credit.
