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3 years ago

5

Earning revenue ____________________ a. decreases assets, increases liabilities b. increases assets, decreases stockholders' equ

ity c. increases one asset, decreases another asset d. increases assets, increases stockholders' equity

1 answer:

guajiro [1.7K]3 years ago

3 0

Answer:

d. increases assets, increases stockholders' equity

Explanation:

The journal entry for earning revenue is shown below:

Cash A/c Dr. XXXXX

To Sales revenue A/c XXXXX

(Being revenue is earned)

Since the revenue is earned so we debited the cash account which increases the asset balance and credited the sales revenue account which increases the stockholders' equity balance.

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Activities common to all businesses such as sales, operations (also called production), accounting, finance, and human resources

lidiya [134]

Answer: Key Business Functions.

Explanation:

The key business functions are the basic activities carried out in a business to ensure that the business is successful. The key business functions include: sales, marketing, accurate accounting, human resource, finance, market research etc.

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3 years ago

Two identical firms that share a market and produce a homogenous good will find the Bertrand Oligopoly LEAST attractive because

inn [45]

Answer:

The correct answer that fills the gap is: Cartels generate the highest joint profit, they want to avoid a price war that leads to profit erosion and P=MC, a cournot oligopoly will generate more profit than a bertrand oligopoly

Explanation:

In Bertrand's model, consumers will buy the goods of the company that offers the lowest price. From this it can be intuited that the Nash equilibrium will be the one in which both companies set the same price. For this reason it is not attractive, since they are competition and for some of the two it may not be profitable to decrease the sale price of their products.

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2 years ago

Match each entity on the left to the correct establishment on the right.

Mumz [18]

The group or organization matchup is given below;

Non-state actor - terrorist.
International Organization -World Trade Organization, United Nations.
Nation-state - Canada.

<h3>What is a Nation state?</h3>

The term nation-state is known to be a any country that is territorially held together as a sovereign state.

Note that in this kind of country, it is one that is governed in the name of a community of its own people who identify or see themselves as a nation.

See full question below

Match the group or organization on the left with its correct category on the right.

non-state actor:

terrorist

International Organization:

World Trade Organization,

United Nations

nation-state: Canada

Learn more about Nation-state from

brainly.com/question/19454824

8 0

2 years ago

Fahad works for a company that markets all of Celextron's products. Fahad's company acts as the marketing department for Celextr

Whitepunk [10]

Answer:

D) selling agent.

Explanation:

Sine Fahad's company never obtains title for the goods that they sell, they are acting like a selling agent. They are very similar to a commission merchant except that Fahad's company is also responsible for the marketing functions of Celextron.

There are several types of sales agents and distributors, it all depends on certain details about how they work:

a manufacturer's agent work directly for the manufacturing firm, in this case it would have been Celextron.
a sales branch is a company owned by Celextron.
a full service wholesaler obtains title of the goods.

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3 years ago

The capital accounts of Hawk and Martin have balances of $160,000 and $140,000, respectively, on January 1, the beginning of the

Serhud [2]

Answer:

a. $213,000

Explanation:

8 0

2 years ago