Answer:
False
Explanation:
A budget is a financial plan used for the estimation of revenue and expenditures of an individual, organization or government for a specified period of time, often one year. Budgets are usually compiled, analyzed and re-evaluated on periodic basis.
The first step of the budgeting process is to prepare a list of each type of income and expense that will be part of the budget.
A lifestyle can be defined as the way and manner an individual chooses to live his or her life. Similarly, a lifestyle budget comprises the cost of goods and services an individual has chosen to spend his or her money on.
Basically, completely eliminating an item isn't the only way to decrease a lifestyle budget because there could be similar items that even cost way more than the eliminated item.
Some of the benefits of having a budget is that it aids in setting goals, earmarking revenues and resources, measuring outcomes and planning against contingencies.
Answer:
The correct answer is C: off-peak pricing
Explanation:
Off-peak pricing is a way of stimulating demand by charging less than "normal" in periods of low demand. In this exercise, it changes the price differentiating by weekdays and time. It expects to attract costumers to days and hours of low demand. The opposite is Peak pricing which is a way of congestion pricing where customers pay an additional fee during periods of high demand.
Answer:
Which of the following most accurately describes the change in average weekly earnings since 1980 Average weekly earnings have risen for college-educated workers only Which of the following workers is likely to earn the highest wage
Answer:
aph development continues with an expression of the rationale or the explanation that the writer gives for how the reader should interpret the information presented in the idea statement or topic sentence of the paragraph. The writer explains his/her thinking about the main topic, idea, or focus of the paragrap
Explanation:
d
Solution :
Transaction The General Journal Debit Cash
1 a Cash 3,000,000
Notes payable 3,000,000
2 b Equipment 90,000
Cash 90,000
3 c Inventory 37,000
Accounts payable 37,000
4 d Repair expense 59,000
Cash 59,000
5 e Cash 368,000
Unearned pass revenue 368,000
6 f(1) Accounts receivable 570
Ski shop sales revenue 570
7 f(2) Cost of goods sold 310
Inventory 310
8 g Cash 273,000
Lift pass revenue 273,000
9 h cash 2,200
Unearned rent revenue 2,200
10 i Accounts Payable 18500
Cash (37,000/2) 18500
11 j Cash 470
Accounts receivable 470
12 k Salaries expense 263,000
Cash 263,000
The accounts receivable balance = 1000 + 570 - 310
= 1260
