Answer:
The Journal entry with their narrations is shown below:-
Explanation:
The Journal entry is shown below:-
Cash Dr,                                     $1,200  
Notes Receivable Dr,                $2,800  
To Accounts Receivable -R. Roy            $4,000
(Being office supply of Vikram is recorded)
Therefore for recording the office supply we simply debited cash and notes receivable and credited the accounts receivable
 
        
             
        
        
        
Answer:
c) 10% more peanut butter on the shelves
Explanation:
Since peanut butter has a negative income elasticity of demand (-0.5) with a decrease in income, there should be an increase in the demand. This is usually true for cheaper goods or goods with low added value. The change in demand (D) is represented as follows:

As a result, you should stock 10% more peanut butter on the shelves.
The answer is c).
 
        
             
        
        
        
I think it is the exchange of goods or services, which can be with or without money.
 
        
                    
             
        
        
        
A depository institution is a financial institution in the United States.