Answer:
Explanation:
<u><em>A) A temporary increase in government purchases</em></u>
Savings would be used decreasing them. which leads to the government implementing higher taxes. <u>The output will stay the same while the Real Interest and the price level would increase</u>.
<u><em>B) A reduction in expected inflation</em></u>
This provokes more money demand. At the same time, the <u>money price level goes down</u>. <u>The output and the Real Interest will remain at the same level.</u>
<u><em>C) A temporary increase in labor supply</em></u>
The more jobs, the more the people have more money. Interest rate will decrease and money demand will increase. <u>The output would increase while the Real Interest and the price level would drop.</u>
<u><em>D) An increase in the interest rate paid on money</em></u>
Under this scenario, there will be a higher demand for money. If the nominal supply of money remains constant, the <u>price level would decrease</u>. <u>The output will remain the same as well as the Real Interest.</u>
Answer:
The petty cash journal entry is a debit to the petty cash account and a credit to the cash account. The petty cash custodian refills the petty cash drawer or box, which should now contain the original amount of cash that was designated for the fund. The cashier creates a journal entry to record the petty cash receipts he entry must show an increase in your Petty Cash account and a decrease in your Cash account. To show this, debit your Petty Cash account and credit your Cash account. When the petty cash fund gets too low, you must refill it to its set amount Count the money remaining in your petty cash account at the end of an accounting period. For example, assume your petty cash account has $550 remaining. Subtract the amount remaining from the account's original balance to determine by how much you need to replenish the account. A cash receipts journal is used to record all cash receipts of the business. All cash received by a business should be reported in the accounting records. In a cash receipts journal, a debit is posted to cash in the amount of money received. An additional posting must be made to balancing the transaction.
Explanation:
Answer:
$124000
Explanation:
Given: Manufacturing cost= $220000
Manufacturing overhead= $42000.
Direct material= $54000.
Now, finding the direct labor cost.
Remember: Direct labor cost=
⇒ Direct labor cost=
⇒ Direct labor cost=
⇒ Direct labor cost=
Hence, direct labor cost is $124000
Answer:
The correct answer is (b)
Explanation:
Socioeconomic cultural is one of the important factors that can help a business to grow and expand. Changes in socioeconomic environment can positively and negatively affects the sales. In this case of Fabtabix, the socioeconomic change has positively affected their business that is why it is growing over the past few years. Fashion conscious is a sociocultural component.