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Damm [24]
3 years ago
5

When economists say that money serves as a medium of exchange,they mean that it’s A. A way to keep wealth in a readily spendable

form for future use.B. Declared as legal tender by the government. C. A monetary unit for measuring and comparing the relative values of goods.
D. A means of payment.
Business
1 answer:
QveST [7]3 years ago
8 0
The answer is D). a means of payment
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The entry made at the end of the accounting period to record wages incurred but unpaid is:________
faltersainse [42]

The entry made at the end of the accounting period to record wages incurred but unpaid is Accrued expenses, An expense that is recorded on the books before it has been paid is referred to as an accumulated expense, also known as accrued liabilities.

The accounting period in which the expense is incurred is used to record it. Accrued expenses are listed as current liabilities on a company's balance sheet since they represent a company's obligation to make future cash payments. An estimated expense may not match the supplier's invoice, which will arrive at a later time.

According to the accrual method of accounting, costs are recorded as incurred rather than as paid when they are actually incurred.

To learn more about Accrued expenses, click here

brainly.com/question/17190057

#SPJ4

7 0
2 years ago
In order to save $57,000 in five years, John will start saving money next month. He already has $10,000 in his account. The acco
Jlenok [28]

Answer:

He has to deposit $750.46 every month into the account

Explanation:

Future value id the accumulated amount of principal and compounded interest at the end of a specific investment period.

Assuming interest is compounding every month, use following formula to calculate the amount of payment each month.

FV = PV x ( 1 + r )^n + A x ( ( 1 + r )^n - 1 ) / r

$57,000 = $10,000 x (1+0.1%)^5x12 + A x ( ( 1+0.1% )^5x12 -1 ) / 0.1%

A = { $57,000 - [ $10,000 x ( 1 + 0.001 )^60 ] } / [ ( ( 1 + 0.001 )^60 )-1 / 0.001 ]

A = ( $57,000 - $10,618.05 ) / 61.80471

A = $46,381.95 / 61.80471

A = $750.46

3 0
4 years ago
To sell to Joann, you need to appeal to her ego. She'd rather hear that your new product will make people notice her as an innov
Rom4ik [11]

Answer:

The answer is B. Expressive social style.

Explanation:

From the details given about Joann, the  characteristics she portrays shows her as an individual with an expressives social style.

Individuals with expressive social styles prefer seeks personal approval and more willing to make their feelings known to others. The expressives  are characterized by high assertiveness and high responsiveness.    

3 0
3 years ago
A pricing strategy in which a manufacturer pays for the shipping cost of its merchandise to the wholesaler is called ____ pricin
klasskru [66]

Answer:

FOB destination

Explanation:

FOB destination pricing. FOB destination is an acronym for Free on Board destination. This means that the buyer takes delivery of goods being shipped to it by a supplier once the goods arrive at the buyers receiving dock , the sellers pays and bears the freight charges and it also owns the goods while they are in transit.

3 0
3 years ago
Other things the same, a decrease in the price level makes consumers feel a. more wealthy, so the quantity of goods and services
nordsb [41]

Answer:

more wealthy, so the quantity of goods and services demanded rises. 

Explanation:

If price level falls, the same basket of goods and services purchased by consumers would cost less. Consumers feel more wealthy and the quantity demanded of goods and services increases .

For example, if I spend $100 on clothes and the price of clothes falls to $50, I would buy clothes for $50 and still have extra $50. I can use the $50 to buy more clothes.

I hope my answer helps you.

3 0
4 years ago
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