Answer and Explanation:
The Journal entry is shown below:-
Cash Dr, 1969.80 (2010 × 98%)
Sales discount Dr, 40.20
To Account receivable $2,010 ($2,200 - $190)
(Being the entry is recorded)
Here we debited the cash and sales discount as it increased the assets and we credited the accounts receivable as it reduced the assets
Answer:
A-she can deduct her mileage for driving from her home to her office at the professional suite
B-she can deduct her home office expenses
Explanation:
As a general rule of thumb, every expenses that incurred for business operation can be deducted from your taxes. This rule can still applicable even if you're working from your home.
A car mileage <u>can only be deducted according to the proportion that is used for work</u><u> </u> since it's considered as an expense that must incurred in order for Gwen to do her business.
Lunch money is considered as private consumption that does not related to her business operation. This is why it's not tax deducible.
Answer: C) the government makes all important
economic decisions.
<span>A centrally planned economy is an
economic system in which the government
makes all important economic decisions rather than leaving them to consumers and businesses.</span>
<span>In these type of economy, prices are
all controlled, the government sets plans, and the economy is handled by bureaucrats. </span>
Answer:
False!
Explanation:
that's why they are different sizes, material, and weight!
Some american dollars are worth alot more than a dollar in say, mexico. Our resources are more valuable.
Glad I could help!
Answer:
d. to allocate goods when there is a price ceiling.
Explanation:
Non price rationing or queuing is a measure used when there is a price ceiling, queuing is used to arrange people on a first come first serve basis.
Rationing is done on the non monetary cost of waiting in line.
Waiting time eventually balances buyer equillibrum. When customer's are waiting on queues for too long some of them loose interest and leave, this restoring balance between what is available and number of people waiting to buy.
