The economic way of thinking is more than money, budgets,and the stock market. this is because when thinking of the economy, it includes the community and choices must be made to improve it. some economic decisions are costly, and could negatively affect the economy by making the costs of things skyrocket, ruining benefits of others that relied on them and will now put jobs and businesses into bankruptcy.
Answer:
See below:
Explanation:
supplies, dividends, accounts payable, accounts receivable, common stock, equipment, accounts payable, cash
the last one is “supplies g” ? I don’t know what this is supposed to be. Supplies was already listed and is on the balance sheet. Supplies expense was also already listed and is not on a balance sheet.
It determines wether or not you are ready for college-level studies or if you'll need a few more preparatory classes.
Answer:
$2,800
Explanation:
<u>REVENUE</u>
Revenue $11,000
Add:
B. Revenue earned but not yet billed = $2,800
D. Unearned revenue noe earned =<u> $2,500 </u> <u> $5,300 </u>
Total Adjusted Revenue <u> $16,300 </u>
<u>EXPENSES</u>
Expenses $11,000
Add:
A. Depreciation for February = $1,200.
C. Accrued interest expense = $800
E. Prepaid insurance =<u> $500 </u> <u> $2,500 </u>
Total Adjusted expenses <u> $13,500 </u>
Correct net income = Total Adjusted Revenue - Total Adjusted expenses
= $16,300 - $13,500
= $2,800