Monopolistic competition refers to a type of economy where there is only one organization in the market. Therefore, the influence of competitors is non-existent and the consumer has little influence over price or output.
In this case, price and output are determined by the firm's equilibrium price and output, not the market.
Yes because u got to have tools to do a project
Answer: Assets increase $4,500 and liabilities increase $4,500.
Explanation:
An asset are the properties which a business or an organization owns. An asset possess an economic value.
Since the equipment purchased is an asset, this will lead to an increase of assets by $4500 and since it was bought on credit and hasn't been paid for, liabilities will also increase by $4500.
Answer:
Jan .7 Dr Vacation Benefits Expense $ 160
Cr To Vacation Benefits Payable $160
Explanation:
Journal entry for Mayer
Date Account Name Debit Credit
Jan .7
Dr Vacation Benefits Expense $ 160
Cr To Vacation Benefits Payable $160
( to record vacation pay expense.)
Undifferentiated Marketing, Multi-Segment Targeting, Focus Targeting, and Customized Marketing.
Hope this helps!
