Answer:
An Accrued Receivable transaction
Explanation:
Before the receipt of cash recording a revenue is the example of accrued receivable because product is sold or services are already been performed on which basis transaction is occurred and recorded. So, the receivable is recorded against the revenue entry.
The journal Entry for this transaction will be as follow
DR. Account receivable xxx
CR. Revenue xxx
Answer:
A recession occurs when an economy experiences a period in which there is - B. a decrease in total production.
According to economists, a recession is a two-consecutive quarterly periods of economic decline, as represented by GDP. In other words, if GDP falls for six consecutive months, we have a recession. And GDP is a measure of the total production of a particular region in a given period of time.
The business cycle exists because - D. total production experiences periods of increases and periods of decreases.
The business cycles refers to the cyclical nature of the periods of growth, and degrowth of total production of GDP. This means that it is natural and expected for total production to grow in some periods of time, and to fall in other periods of time, which affects firms and individuals accordingly: when GDP grows, firms produce more, hire more people, and incomes rise, when GDP falls, firms produce less, lay off people, and incomes stagnate, or go down.
Answer:
checkable deposits will decrease by $10 million
Explanation:
the money multiplier = 1 / reserve ratio = 1 / 10% = 10
if the bank decides to hold an extra $1 million in reserves, the effect on the money supply will be = -$1 million x 10 = -$10 million or a $10 million decrease
the money multiplier measures the banks' capacity to "create money" through borrowing, e.g. a person deposits $100 dollar, then the bank borrows $90 to another client, and the second client's money is also used to lend more money to a third client and so on.
Answer:
"Selective product and marketing pruning
" is the correct answer.
Explanation:
- Several traditional or decreasing companies have a large or increasing number of product lines that are moderately successful or lose capital.
- It is partially because though existing companies are now addressing almost every competitive already need intentionally or unintentionally, other than on relatively developing companies.
So that the above is the correct answer.