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larisa86 [58]
3 years ago
14

What do you mean by ECONOMIC ​

Business
1 answer:
Y_Kistochka [10]3 years ago
6 0

Answer:

Economics is a social science concerned with the production, distribution, and consumption of goods and services.

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The following errors took place in journalizing and posting transactions:
kirill115 [55]

Answer: See explanation

Explanation:

The journal entry to correct the errors is given below:

a. Dr Cash $8400

Cr Account receivable $8400

b. Dr Supplies $2500

Cr Office equipment $2500

Dr Supplies $2500

Cr Account Payable $2500

Note that the first entry that's given in (b) above reverses the incorrect entry. On the other hand, the second entry simply records the correct entry.

6 0
3 years ago
Bob manages a grocery store in a country experiencing a high rate of inflation. He is paid in cash twice per month. On payday, h
stiks02 [169]

Answer:

shoe-leather costs

Explanation:

Inflation is a persistent rise in general price levels.

shoe-leather costs of inflation is the cost in terms of  time and effort spent by individuals in reducing their cash holdings in order to avoid paying inflation tax.

Bob's shoe cost of inflation includes :

1. the time and effort expended in going to purchase items immediately he is paid

2. the time and effort expended in converting the money he didn't spend to a more stable foreign currency.

5 0
4 years ago
Why is it considered bad manners to leave the Subject field blank?
Bogdan [553]

It is noted as so due to the fact the reader would like to know the reasoning behind the message. Following that the bots used to monitor emails for scams, spam, or viruses typically send off empty subjects as a spam.

3 0
4 years ago
Read 2 more answers
Marked out of 1.00
Tom [10]

Answer:

The correct answer is True.

Explanation:

As mentioned, it is necessary to know that the employee who enters a new company does so under a series of basic skills and knowledge that must be improved and increased over time, so a system based on knowledge and skills must recognize the effort of workers to specialize in their tasks effectively, performing their duties in a committed, fast and quality manner.

4 0
4 years ago
HELP ASAP
Nimfa-mama [501]
I think this is specific to your class or we need a bit more context!
8 0
2 years ago
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