Answer:
The journal entry to record payment on 12th July is shown below:
Dr Accounts payable $2150
Cr Cash $2,107
Cr discount received $43
Explanation:
The purchase of merchandise of $2900 on July 5 gives rise to the below journal entries
Dr Inventory $2,900
Cr Accounts payable $2,900
However, the return of goods worth $750 two days after implies that the value of inventory and accounts payable have reduced by $750 each
As a result, amount being owed is now $2150($2900-$750).
Besides, the payment on July 12 was within the discount period,hence the amount paid is the $2150 outstanding less 2% discount,which gives to payment of $2,107 and discount of $43
The best form of business that Angela should take on is sole
proprietorship. It is classified as the simplest business because this could be
operated by one individual alone, where in the person who manages the business,
is the owner itself. This is the best form of business that Angela should take
on especially when she is tired of having someone to be of higher to her such
as having a boss, and to have a corporate America in general. This is the best
type of business where in no one will tell her of what she needs to do because
it is a business that she owns and managers her own.
The following statement "The government has a harder time counteracting leftward shifts in AS than in AD because shifts in AS both raise prices and reduce output" is true.
The main problem is that leftward shifts in AS both raise prices and reduce output. Standard policies can only cure one of these two problems at a time. If the government raises spending or cuts taxes, output can be restored, but at the cost of even more upward pressure on prices. If the government cuts spending or raises taxes, prices can be restored to their previous levels, but output falls even further.
Which of the following statements is true?
The government has a harder time counteracting leftward shifts in AS than in AD because shifts in AS both raise prices and reduce output.
The government has a harder time counteracting leftward shifts in AD than in AS because shifts in AD both raise prices and reduce output.
The government has a harder time counteracting leftward shifts in AS than in AD because shifts in AS raise prices and output.
The government has a harder time counteracting leftward shifts in AD than in AS because shifts in AD raise prices and output.
To know more about Aggregate Supply here
brainly.com/question/29349235
#SPJ4
Answer:
The answer is true.
Explanation:
It is true that the investment worth is $1000 because it is given that there is a negative 50 percent yield in the first year and in the second year there is a positive 50 percent yield. Here, negative yield shows some kind of loss and positive yield shows gains. So the loss of first-year is compensated by the gain of the second year. Therefore, the investment worth remains the same at $1000.
Middle managers are the supervisors that carry out the day to day activities within department.
Explanation:
Middle managers work as an intermediate in an hierarchical organisation. Middle managers look after the problems faced by their subordinates and convey the problems to their superiors. Middle managers look after whether the work is properly done or not whether the production is happening in wide range or not. Middle managers also look after the activities that take place within departments. Middle managers guide the people working under the them as well as they try to solve the problems.
