Answer:
Equitable remedy
Explanation:
The equitable remedy is the actions taken by the court in order to solve the breach or the dispute of the contract done.
Since in the given question it is mentioned that the two parties are entered into a contract where the Nate refuse for delivered the goods and maggie ask a court to order Nate to perform his duty so this represent the equitable remedy
Heather is a Hourly employee and Alicia is a full-time Salary employee.
<h3>What is
employee?</h3>
An employee is someone who works for someone else or a company in exchange for wages or other agreed-upon compensation. An employee is someone who works for McDonald's and is paid a certain amount of money for each hour worked.
Employees are paid to perform specific duties and tasks for their employers. They typically work full-time, part-time, or on a temporary basis. Employees carry out specific job responsibilities and roles, which are usually defined in the job description.
An employer is a person, company, or organization that hires people and pays them for their services. Employees are people who are paid to do work.
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Answer:
These stores sell inferior goods and services.
Explanation:
An inferior good or service is a good or service whose demand decreases as the income of their consumers increases, i.e. if the consumers are earning more money, they will consume less of them.
On the other hand, when their consumers' income decreases, their demand increases.
Both McDonald's and Dollar General are business that sell cheap goods and services, so when the financial crisis decrease American households' incomes, they more people purchased their goods and services.
Answer and Explanation:
The adjusting entries are shown below
1. Accrued wages expenses
Wages expense Dr XXXXX
To Wages payable XXXXX
(Being the accrued wages is recorded)
For recording this we debited the wages expense as it increased the expense and credited the wages payable as it also increased the liabilities
2. Accrued utilities expenses
Utilities expense Dr XXXXX
To Account payable XXXXX
(Being the accrued utilities expense is recorded)
For recording this we debited the utility expense as it increased the expense and credited the account payable as it also increased the liabilities
3. For adjusting the unearned service revenue
Unearned service revenue Dr XXXXX
To Service revenue XXXXX
(Being the unearned service revenue is recorded)
For recording this we debited the unearned service revenue as it decreased the liability and credited the service revenue as it increased the revenue
