Answer:
Correct Answer:
A. An economic system is a way of organizing the production and distribution of goods and services in an entire economy.
Explanation:
Capitalism, which is an economic system in which a country's trade and industry are controlled by private owners for profit, rather than by the state helps in ensuring the adequate running of the country. <em>It is a method whereby goods and services are organized in an entire economy through private investments and firms.</em>
Answer:
Dr Cash $5,684
Dr Sales discount $116
Cr Accounts receivable $5,800
Explanation:
The fact that the invoice was settled on September 18, confirms that the payment on the sale of merchandise was received by Vander company during the period,hence Jepson company is entitled to the applicable discount of 2%.
The amount cash received is $5,800*(1-2%)=$5,684.00
The appropriate journal entries include a debit to cash of $ 5,684, a debit sales discount of $116($5800-$5,684) as well as a credit to account receivables of $5,800
Answer:
A. bank teller
Explanation:
bank teller is a person who manages deposits and withdrawls
Answer:
yes this very true bc as you get older the less opportunity's you get to things
<span>A. The relative price of goods and services. The law of demand and
supply explains the interaction between the supply and demand of a resource. The
law of demand states that if all things are equal, the higher the price the
lesser (quantity) the demand for the goods/services. While the
law of supply states that if all things are equal, the higher the price, the
higher the (quantity) supply of goods/services. </span>