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3 years ago

Of money's three functions, the one that distinguishes money from other assets is:

Business

1 answer:

NNADVOKAT [17]3 years ago

5 0

Answer:

Medium of Exchange

Explanation:

The main function that distinguishes money from other assets is that everybody accept the money as a medium of exchange, either for our job or to buy things that we are interested.

Always through history the main function of money was to be a medium of exchange because at the begining money didn't exist so you needed to use different things, first salt, then precious metal and today money as we know.

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So to ur teacher and say ind out ur sel

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When a monopoly increases its output and sales,

musickatia [10]

Answer:

The correct answer is letter "D": the output effect works to increase total revenue and the price effect works to decrease total revenue.

Explanation:

The output effect in a monopoly takes place when the price of input will raise the production costs of a business and reduce its output level and vice-versa. The price effect refers to the impact an activity has on the value of something. The price effect consists of the effect of substitution and the effect of profits. While the output effect has the purpose of increasing revenue, the price effect works towards decreasing it.

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Lisa is wondering if her company is earning the income they expected to earn at the beginning of this year. She looks at to see

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Lisa is wondering if her company is earning the income they expected to earn at the beginning of this year. She looks at to see how the money looks, while remembering that this budget does not show cash outlays. This type of budget is called Expense Budget

<h3>What is Expense Budget?</h3>

The Expense Budget displays the revenue and capital expenditures of several ministries and departments and provides estimates for each under "Plan" and "Non-Plan."
It provides a thorough study of various expenditure kinds as well as a general explanation for why estimates vary. The Expense Budget also includes the Central Government's requests for grants.
Capital assets are crucial expenses for firms since they include cash outlays for production machinery and other equipment that generates revenue.
Due to the fact that production equipment is more expensive than standard office supplies or monthly expenses, financing is sometimes required to purchase capital assets.
The purchase of capital assets is typically included in expense budgets, and their effects on working capital and future cash flows are quantified. Businesses wouldn't be able to accomplish their operational goals without well managed capital investments.

To know more about Expense Budget with the given link

brainly.com/question/14318672

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2 years ago

Will GED let you use The brainly.com app for The real GED Test

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3 years ago

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Following are two income statements for Alexis Co. for the year ended December 31. The left number column is prepared before any

ladessa [460]

Explanation:

Adjusting entries of fees collected in advance:

1. Dr unearned fee 6600

Cr fees earned 6600

Depreciation of Computers:

Dr Depreciation expense - computer 1650

Cr Accumulated depreciation 1650

Depreciation of Furniture:

Dr Depreciation expense - office furniture 1925

Cr Accumulated depreciation 1925

Adjusting entries of salaries:

Dr Salary expense 2695

Cr Salary payable 2695

Adjusting entries of Insurance:

Dr Insurance expense 1430

Cr prepaid insurance 1430.

Adjusting entries of office supplies:

Dr Office supplies expense 528

Cr Office supplies 528

Adjusting entries of utilities:

Dr Utilities expense 77

Cr Utilities payable 77

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