1/4 - 2/3y = 3/4 - 1/3
-1/4 -1/4
(3)-2/3y = (3/4 - 1/3 - 1/4)3
-2y = 1/2
/-2 /-2
y = -1/4
Answer:
Store of value.
Unit of account.
Medium of exchange.
Explanation:
Store of value is an asset that can be restored and then traded with other things. When the assest is redeemed it is expected to be of great value. Also a store of value is anything that holds purchasing power in the future.
Unit of account is one of the primary functions of money. Also defined as the unit by which value of a thing is accounted and compared.
Medium of exchange occurs when there is any transaction between buyers and sellers.
Answer:
Date General Debit Credit
$ $
Dec 31 Equipment 10000
Cash 10000
Following are detail of the posting of equipment purchased
1) The $10,000 will be posted to the debit side of the Equipment Account.
2) The $10,000 will be posted to the credit side of the Cash Account
Answer:
civil law
Explanation:
part of a country's set of laws which is concerned with the private affairs of citizens, for example marriage and property ownership, rather than with crime.
By employing such an organizational structure, Century Motors most likely set up a <u>Matrix Organization. </u>
A Matrix organization:
- Incorporates people from multiple departments and functions
- Will see people answering to multiple managers of those various departments
- Usually disband after a project is done
The actions of Century Motors are in line with a Matrix Organization in that people from multiple functions were incorporated into the team and the team will disband when the project is done.
We can therefore conclude that this is a matrix organization.
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