Answer:
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Answer:
They should credit $850 to assets and debit $850 to stockholders' equity (A)
Explanation:
The cash outflow of $850 will reduce the cash position of the company (i.e cash balance under current assets, hence it should be credited) while the stockholders's equity account needs to be debited because the transaction represents a depletion in the value of the company.
Asset account is reduced by crediting while common stock account is reduced by debiting.
Answer:
political interference in decision making, costly and inefficient use of public resources
Answer:
d. Special damages
Explanation:
Special damages -
It refers to as a some particular type of damages that occurs because of the violation of some contract or rule , is referred to as a special damage .
In case the rule is not followed or the contracted is violated , then special damages are applied .
All the covers for the special dam,age is pre- decided and is mentioned in the contract .
Hence , from the given scenario of the question ,
The correct answer is d. special damages .
Answer:
C. Waterway
Explanation:
The waterway is the mode of transportation used to transport goods over the water bodies across the globe to make transport convenient for covering a large distance. It is also considered a cheaper source of transportation in case heavier goods to transport to far distance. There are many water transport is used like; Ships, ferries, tug boats, sailboats, etc. and it travel over various bodies of water such as oceans, lake, canals, and rivers.
In the given case, Limestone is transported to Chicago's steel mills through upper great lakes.