Answer:
option a because it increase the better knowledge of rain forest plant
Answer:
(a) $21,000
(b) $112,000
(c) $34,000
Explanation:
Accounting equation is as follows:
Assets = Liabilities + Owner’s Equity
(a) $80,000 = $59,000 + Owner’s Equity
$80,000 - $59,000 = Owner’s Equity
$21,000 = Owner’s Equity
(b) Assets = $47,000 + $65,000
= $112,000
(c) $88,000 = Liabilities + $54,000
$88,000 - $54,000 = Liabilities
$34,000 = Liabilities
Answer:
The correct answer is The economy experiences economic growth.
Explanation:
Economic growth is understood as the positive evolution of the living standards of a territory, usually countries, measured in terms of the productive capacity of its economy and its income within a specific period of time.
The strictest definition of economic growth is that which indicates that there is an increase in terms of income or of the goods and services that the economy of a territory produces in a given time generally measured in years.
The concept of income can encompass within this definition many other economic indicators of well-being of any country or region. Aspects such as the level of savings or investment of its citizens and its trade balance are some that are commonly taken into account when studying economic growth. That said, the most used meter to measure economic evolution is usually the fluctuations in GDP (Gross Domestic Product) of the country analyzed.
Answer and Explanation:
The journal entry to record the receipt of the subscription is as follows:
Cash ($28 × 10,500) $294,000
To Unearned Subscription Revenue $294,000
(being the receipt of the subscription is recorded)
Here the cash is debited as it increased the assets and credited the unearned subscription revenue as it also increased the revenue
Answer:
$10,000
Explanation
Calculation for Waltham Distribution should records losses that result from applying the lower-of-cost-or-market rule. At December 31, 2012, the loss that Ryan should recognize (Under US GAAP) is
Using this formula
lower-of-cost-or-market rule Loss=Inventory- Current replacement cost
Let plug in the formula
lower-of-cost-or-market rule Loss= $200,000 – $190,000
lower-of-cost-or-market rule Loss= $10,000
Therefore Waltham Distribution should records losses that result from applying the lower-of-cost-or-market rule. At December 31, 2012, the loss that Ryan should recognize (Under US GAAP) is $10,000