Answer:
The accounting entry for each transaction is given below.
Gibson contributed $10,000 to the business in exchange for capital.
Debit Cash Asset $10,000
Credit Capital $10,000
b. Purchased equipment for $5,000 on account.
Debit equipment Asset $5,000
Credit Payable Liability $5,000
c. Paid $400 for office supplies.
Debit payable $400
Credit Cash Asset $400
d. Earned and received $2,500 cash for service revenue.
Debit Cash Asset $2,500
Credit Income $2,500
e. Paid $400 for wages to employees.
Debit Wages expense $400
Credit Cash Asset $400
f. Gibson withdrew $1,000 cash
Debit Capital $1,000
Credit Cash Asset $1,000
.g. Earned $1,000 for services provided. Customer has not yet paid.
Debit Receivable $1,000
Credit Service Income $1,000
h. Paid $1,000 for rent.
Debit Rent expense $1,000
Credit Cash Asset $1,000
i. Received a bill for $250 for the monthly utilities. The bill has not yet been paid.
Debit Utility expense $250
Credit payable $250
Answer:
d. the law of demand
Explanation:
One of the foundations of current economy, the inversely proportional relationship between prices and quantity demanded, that is, the higher the price the lower the demand, is known by economists as the law of demand.
This law is a key factor in the determination of prices of goods and services that we see each day and reflects the decrease in the marginal utility of each extra unit with an increase in price.
A market segment is a subgroup of people or organizations that have one or more characteristics in common that cause them to have the same product needs. Everyone needs water to drink, but does everyone need bottled water? For companies to successfully reach their precise customer, they need to divide a market into similar and identifiable segments through market segmentation.
The main reason companies divide markets into identifiable groups is so that the marketing team can create a custom marketing mix for the specific group. For example, Farmer Joseph realized early on that not everyone would purchase his expensive organic produce. He did not want to exhaust his financial budget by advertising to the masses. Instead, he identified his target market and created a specific marketing plan to communicate effectively with his prime customers.
His target market consisted of females age 18-65, with an income of $50,000+, who have healthy eating habits and who are concerned about pesticides. His plan consisted of ad placement in local women's magazines, newspapers and also email blasts to a list that he formulated with age and income specifics. Lastly, he advertised with a local gym about his healthy produce. Marketers have numerous choices in how they can segment a market.
If the farmer had planned on targeting everyone, then the type of segmentation would have been called no market segmentation. The opposite type of segmentation would be if he decided to target based on every individual factor available. This would be called a fully segmented market. Other choices include segmenting just by gender, income, lifestyle, ethnicity, family life cycle, age group, or even a combination-type.
Companies will not survive if the marketing strategy is dependent upon targeting an entire mass market. The importance of market segmentation is that it allows a business to precisely reach a consumer with specific needs and wants. In the long run, this benefits the company because they are able to use their corporate resources more effectively and make better strategic marketing decisions.
Answer:
marketing team and review resources
Answer:
The correct answer is letter "C": Using one very secure password for all of your major financial accounts.
Explanation:
Using one password -r<em>egardless of how secure it could be</em>- for all the different accounts an individual might have increases the chances that in front of identity theft, the attacker will get the most of the individual's financial assets. <em>It is recommended to have different passcodes with different accounts and avoid using personal information within the passwords.</em>
