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coldgirl [10]
3 years ago
6

The entry to record the purchase of supplies for $200 on account would be which of the following?

Business
1 answer:
LUCKY_DIMON [66]3 years ago
7 0
The answer to the question a
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Which of these is NOTa concern for consumers in times of inflation? a.They cannot anticipate the cost of goods and services. b.T
Ilia_Sergeevich [38]

Answer:

c.They are at a disadvantage when paying back borrowed money.

Explanation:

In any economics of a country, inflation may be defined as the fall of the value of the money or currency of a country over a period of time. In inflation, the general price level increase and the value of money decreases.

Due to inflation, with each currency unit, less of goods or services can be bought. In inflation, the consumers are not concern about the disadvantage when they pay back the money that they borrowed because the value of the money decreases. Money decreases its value but the demand of goods and services increases in the economy.

4 0
3 years ago
The Black Corporation has provided the following information: Net income $ 560,000 Increase in prepaid expenses 14,000 Amortizat
Sav [38]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

3 0
3 years ago
Blossom Corp. has collected the following data concerning its maintenance costs for the past 6 months.
soldier1979 [14.2K]

Answer:

Variable  cost per unit = $1.5  per unit

Fixed cost = $14,558

Explanation:

Variable cost per unit

= cost at high activity - cost at low activity/High activity -low activity

=$(74,798- $41,663) / (40,160 -18,070) units

= $1.5  per unit

Fixed cost

Total fixed cost = cost at high activity - ( vc per unit × high activity)

= 74,798 - (1.5  × 40,160)

= $14,558

Variable  cost per unit = $1.5  per unit

Fixed cost = $14,558

5 0
3 years ago
Phil enters into a contract with Quality Resorts, Inc., to work as a chef. Under the plain meaning rule, the meaning of this con
icang [17]

Answer:

"The face of the instrument"

Explanation:

This is a legal phrase which means the contract (aka the "instrument") must be read "on its face." Basically, you should put everything you want the contract to say in plain language and the parties are only held to the plain, common understanding of exactly what is written down.  

The idea is that no party can go back and say that something else is expected or implied from the contract unless it is actually written down.  

7 0
3 years ago
What is corporation management
jekas [21]

Answer: The process of leading.

Explanation: The process of leading, administrating and directing a company. Business tasks often performed by corporate management might include strategic planning, as well as managing company resources and applying them toward attaining the company's objectives.

4 0
3 years ago
Read 2 more answers
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