Answer:
Debit Asset Improvement account $105,000
Credit Cash account $105,000
Being entries to record cost of modernization of store.
Explanation:
The cost of the modernization is a cost that will be capitalized with the cost of the store as an asset. When an asset is purchased for cash, the adjusting entries required are;
Debit Fixed asset account
Credit Cash account
The modernization will be recognized in the Asset improvements account hence the debit entry will be posted there while the corresponding credit will go to cash account.
<u>Given:</u>
Consumer price index in 1991 = 136.2
Consumer price index in 2017 = 244
One billion dollar in numbers = 1,000,000
<u>To find:</u>
Money required in 2017 to have the same amount of real purchasing power that they did in 1991.
<u>Solution:</u>
Assuming 1991 as base year and 2017 as target year,
The purchasing power during 1991-2017 is




<u>Result:</u>
In 2017, The Barenaked Ladies need
to have the same amount of real purchasing power that they did in 1991.
The one that was the cause of the passage of the Blaine amendments was :
Congress was not thoroughly prohibiting states from funding religious
schools.
As the part of separation of state and church, the amendment
was created to forbid direct government aid to educational institution
with religious affiliation, the program was considered a failure
<span />
Answer:
responsiveness
Explanation:
With respect to the key dimensions of service quality, promptly crediting returned merchandise and rapidly replacing defective products is an example of<u> responsiveness</u>