Answer:
Explanation:
The accounting equation is shown below:
Total assets = Total liabilities + Shareholder's equity
In the given transaction, the office equipment was purchased for $3,000 and it is paid immediately which means the balance of office equipment is increased and the cash balance is decreased.
It gives a positive impact on office equipment under fixed assets and a negative impact on the cash balance under the current assets.
Answer:
These statements are correct:
- It makes it easier to compare prices across Europe - the Euro is the common curriency across 19 countries, but prices in those countries are far from being the same. For example, Germany is a lot more expensive than Greece (although a lot wealthier too), and Greek people can easily find out that the same product in Germany costs more euros than in Greece.
- It makes Europe an optimal currency area - in the Eurozone, economic efficiency is now higher because resources can be allocated across different countries thanks to the fact that prices can be compared in the region.
Answer:
True
Explanation:
Affirmative action is a way to help a special class of people who were undermined previously. It helps to focus on such people; by promoting them and showing them that they are important too. Affirmative action helps them to get where they belong, by promoting them, and by giving them necessary training. It is necessary is to apply affirmative action in an organisation for job satisfaction and more productivity.
The answer is: "<span>test marketing" .
____________________________________</span>
Answer:
U.S. banks that cannot borrow elsewhere.
Explanation:
- In the United States, the Federal Reserve goes as a last resort lender to companies that do not have certain other acquisition practices, and the inability to obtain loans can significantly impact the economy.
- so correct answer is U.S. banks that cannot borrow elsewhere.
