Answer: d. income elasticity of demand for that good.
Explanation:
A good is a normal when an increase in income leads to an increase in demand for the good and inferior when an increase in income leads to a decrease in demand for the good. Thus, to determine whether the good is normal or inferior we use income elasticity of demand for that good. If income elasticity is positive the good is a normal good. If income elasticity is negative, the good is inferior.
<span>Vinny might be able to force the completion of the project. If the two had a written agreement that has not been violated or made conditionally null, then Spud could be legally obligated to complete the project, dependent on the interpretation of the contract by the court.</span>
Answer:
On self-constructed assets from the date an entity formally adopts a plan to build a discrete project.
Explanation:
Capitalized interest is an accounting practice required under the accrual basis of accounting. Capitalized interest is an interest that is added to the total cost of a long-term asset or loan balance. This makes it so the interest is not recognized in the current period as an interest expense.
Capitalization is the addition of unpaid interest to the principal balance of your loan. The principal balance of a loan increases when payments are postponed during periods of deferment or forbearance and unpaid interest is capitalized.
City ledger.
<h3>What is a city ledger?</h3>
- The collection of accounts that belong to unregistered guests is known in hotel accounting as the city ledger. Unlike the temporary ledger, which is made up of the accounts receivable for visitors who are currently registered, this is not the same thing.
- One account payable that can be found in the city ledger is advance deposits. When a guest makes a deposit before registering, the hotel creates an account receivable to the guest for future services.
- City ledgers often have four accounts or more. The first sort of account is set up for people and organizations using the hotel for meetings and events. Instead of the front desk, the hotel's accounting staff handles the money it receives from these guests.
- A hotel's accounting procedure for keeping track of non-guest transactions is known as a city ledger or a house ledger. It is a group of related accounts that keeps track of a hotel's money that is not related to a transaction with an active guest.
Special hotel accounts for a company that has established credit with a hotel are called City ledger.
To learn more about the City ledger, refer to:
brainly.com/question/28149071
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