Answer:
cash   7,600
    nearned revenue   7,600
cash    7,300
    refundable deposist 7,300
cash                           57,100
refundable deposist   7,300
unearned revenue      7,600
       service revenue              76,000
sales tax expense 45,600
      state tax payable    30,400
      local tax payable    15,200
Explanation:
(1) as the services are not yet perform, this is a liability for Chicago Glass Corportation. It assumes to obligation of do this services.
(2)This will be refund once the job are complete and the containers returned in good form
(3) 72,000 - 7,600 = 64,400 - 7,300 = 57,100
Chicago deduct rom the invoince the previous payment and the refundable deposits once the transaction is finished.
(4)
760,000 x 4% = 30,400
760,000 x 2% = 15,200
30,400 + 15,200 = 45,600
 
        
             
        
        
        
Answer:
Effect on living standards. ...
Pressure on public services and government borrowing.
increase in aggregate demand (AD). 
 
        
                    
             
        
        
        
Answer:
Zero-cupon bond= $612.52
Explanation:
Giving the following information: 
Face value= $1,000
Number of periods= 5 years
Interest rate= 10.3% = 0.103
<u>To calculate the price of the bond, we need to use the following formula:</u>
<u></u>
Zero-cupon bond= [face value/(1+i)^n]
Zero-cupon bond= [1,000 / (1.103^5)]
Zero-cupon bond= $612.52
 
        
             
        
        
        
Answer:
A
Explanation:
people have to make choice due to limited (opportunity cost)
 
        
             
        
        
        
The principle is the loan amount so it would be $1,000.
Hope it helps!