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kherson [118]
3 years ago
15

After a government implements a voucher​ program, granting funds that families can spend at schools of their​ choice, numerous s

tudents in public schools switch to private schools.​ Parents' and​ students' valuations of the services provided at both private and public schools adjust to equality with the true market price of educational services. As a result of this voucher​ program,
A. the public schools and the private schools will gain equally.
B. the public schools will gain.
C. the public schools will lose.
D. the parents of these school children will lose.
Business
1 answer:
gizmo_the_mogwai [7]3 years ago
8 0

Answer:

C. the public schools will lose

Explanation:

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3 0
3 years ago
Consider the following transactions for Huskies Insurance Company:
PilotLPTM [1.2K]

Answer:

31-Dec

Dr Depreciation expense $7,000

Cr Accumulated Depreciation - Equipment $7,000

31-Dec

Dr Interest receivable $1,750

Cr Interest revenue $1,750

31-Dec

Dr Deferred Revenue $4,000

Cr Revenue or Service Revenue $4,000

Explanation:

Preparation of the necessary adjusting entry for Huskies Insurance at its year-end of December 31.

31-Dec

Dr Depreciation expense $7,000

Cr Accumulated Depreciation - Equipment $7,000

(Being to adjust 12 month depreciation)

31-Dec

Dr Interest receivable ($50,000 x 7% x 6/12) $1,750

Cr Interest revenue $1,750

(Being to adjust 6 month interest revenue accrued)

31-Dec

Dr Deferred Revenue ($16,000 x 3/12) $4,000

Cr Revenue or Service Revenue $4,000

(Being to record earned revenue for 3 months)

6 0
2 years ago
Which of the following items is not a temporary difference? A. Vacation pay accrued for tax purposes in a prior period is deduct
Black_prince [1.1K]

Answer: the correct answer is B. Tax depreciation for the period exceeds book depreciation.

3 0
3 years ago
Salvia Company recently purchased a truck. The price negotiated with the dealer was $42,500. Salvia also paid sales tax of $2,50
LenaWriter [7]

Answer:

$48,500

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Price $42,500

Sales tax on the purchase $2,500

shipping and preparation costs $3,500

$42,500+$2,500+$3,500=$ 48,500

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8 0
2 years ago
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traci budgeted $770 for fixed expenses and $530 for living expenses per month. She has no annual expenses. Her annual net income
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Traci earns $16,752 so by subtracting her expense from income, we get $16,752 - $15,600 = $1,152

7 0
3 years ago
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