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7nadin3 [17]
3 years ago
5

Which transaction would cause one asset to increase and another asset to decrease?

Business
1 answer:
I am Lyosha [343]3 years ago
3 0
I would personally say A, since paying a creditor wouldn't cause assets to decrease, and neither would D or C.
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Answer:

D. the desire to have goods and services sooner rather than later (all other things being equal).

Explanation:

The time preference talks about the placing relative value on goods received at an earlier date compared with receiving that particular goods at a later date. It is the assumption that people prefer a given goods or services be delivered sooner rather than later all things being equal. It occurs when a person focus on having a good sooner rather than later.

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Assume the following data for Casper Company before its year-end adjustments:
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Answer:

a. Journalize the adjusting entry for the estimated customer allowances.

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b. Journalize the adjusting entry for the estimated customer returns.

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This amount is given in the question, $8,000, so you need to record it as a decrease in COGS and an increase in returns inventory.

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The answer will be (B) money market account
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Irene invested $27,000 in a twelve-year CD bearing 8.0% interest, but needed to withdraw $6,000 after three years. If the CD’s p
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Answer:

The correct answer is B. The law of demand states that quantity demanded will vary inversely with the price of the good.

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The law of demand states that the value of demand decreases as the price of the product increases, that is, between the value of demand and the price there is an inverse relationship, therefore, an increase in price causes a decrease in demand, and a decrease in price causes an increase in demand.  

Therefore, manufacturers who have decided to produce more should know that an increased number of goods can only be sold at a lower price.

The quantity of goods purchased depends on the price as well as on the average income of the buyers, the size of the market, the price and usefulness of other goods, including substitutes, subjective tastes and preferences of buyers.

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