Answer and Explanation:
The journal entries are as follows:
1. Petty cash A/c Dr $150
To Cash A/c $150
(Being the establishment of petty cash is recorded)
2.
Entertainment expenses A/c Dr $70
Postage expense A/c Dr $30
Printing A/c Dr $22
To Petty cash A/c $122
(Being the reimbursement of petty cash fund is recorded)
This answer should be true
The type of account that is typically the most liquid is the one that could be easily converted into Cash within short period of time. Such as : Checking Account. In order to turn Checking account into cash, you just have to bring it to the bank
If the demand for a consumer good decreases the demand for resources required to make the good will decrease.
A consumer is a person who orders, orders, or uses purchased goods, products, or services primarily for personal, social, family, household, and similar needs not directly related to an entrepreneurial or business activity. A person or group intended to
Consumers are defined as individuals or businesses that consume or use goods or services. A customer is a buyer in the economy who buys goods and services, and can exist as a consumer or as a sole customer.
A person who purchases a product or service for personal use rather than manufacturing or reselling it is called a consumer. A consumer is someone who decides whether to purchase an item in a store or who is influenced by advertising and marketing.
Learn more about consumer here:brainly.com/question/380037
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Answer:
Please find the complete question in the attached file.
Explanation:
In order to study the impact on five forces and thereby decipher an offensive or defense strategy to stay competitive and maintained, management must employ a prototyping approach as Porters 5 Headed framework. Samsung, for example, should adopt a great combination because of its subsequent globalization.
Providers' bargaining power — In this industry, several companies offer low-cost services, which indicates the suppliers have much less bargaining energy.
Consumers' trading strength - Since Hyundai either works in a totally competitive environment or an oligopolistic marketplace across the globe.
The threat of new entries – The risk is significantly greater because new entries from low-cost China carriers can eat Samsung share since they are tax- and licensing-friendly.
The danger of competing among established businesses - That's also relatively significant because profits are thin and innovative developments are continually making the industry as a whole and tough.
Barriers to business – The biggest barriers are an initial investment, high marketing, and distribution expenses, and constant innovation.