Since Alex and Bailey are partners and they will be shutting down the partnership. the debts should be settled by both. they will have to sacrifice their personal assets in doing so
Answer:
The presence of technology can be distracting to students. ...
Technology can make it easier to cheat. ...
Using tech can cause some students to disconnect from the classroom. ...
Some students may not know the difference between reliable and unreliable resources.
Answer:
D. It is cheaper to produce some goods in the U.S. because productivity is higher here.
Explanation:
If the statement "It has been all downhill for the West since China entered the world market; we just can't compete with hundreds of millions of people willing to work for almost nothing." Fails to connect wages and productivity, it means that despite China having many people willing to work for low wages it does not mean they are more productive.
Productivity is defined as how effectively a production process is. It is the ratio between output and input used.
If China has low productivity with the large workforce it has, it will be cheaper to produce goods in the United States that has a higher productivity.
The United States will be able to maximise inputs used in the production process to give higher output.
Answer:
c. Debit Purchases, Credit Pencil Point ltd
Explanation:
The journal entry for purchasing the goods from the Pencil point ltd on credit is given below;
Since the goods are purchased so here purchase account is debited and we credited the pencil point ltd
So, the journal entry is
Purchase Dr XXXX
To Pencil Point ltd XXXX
(Being goods purchased on credit)
The purchase is debited as it increased the assets and pencil point ltd is credited as it also increased the liability
The term, obsolescence, as it relates to the useful life of an asset, refers to a plant asset that is no longer useful in producing goods or services with a competitive advantage because of new inventions and improvements.Obsolescence<span> is the state of being in which the object is no longer wanted and desired.</span>
