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3 years ago

Agriculture commodities are usually sold under which environment

Business

1 answer:

snow_tiger [21]3 years ago

5 0

Agricultural commodities are usually sold under pure competition competitive environment.

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Scoring: Your score will be based on the number of correct matches. There is no penalty for incorrect or missing matches.

Stolb23 [73]

Answer:

Matching transactions to the journal in which they would be entered:

Transactions Journal Type

1. Recognized depreciation on the building General Journal

2. Journalized the adjusting entry for supplies

used during the period General Journal

3. Closed the revenue account at the end

of the period General Journal

4. Received cash from the bank in exchange

for a note payable Cash Receipts Journal

5. Withdrew cash for personal use (by owner) Cash Payments Journal

Explanation:

Revenue journal records revenue transactions.

Cash receipts journal records all cash receipts.

Purchases journal records all purchases on account.

Cash payments journal records all cash payments.

General journal is used for all transactions, especially those that cannot be recorded in any of the other specialized journals.

3 0

3 years ago

A substantial revision of the income tax code that made business and personal tax returns much easier to complete would tend to

finlep [7]

Answer:

c. a decrease in the wage rate of accountants

Explanation:

As a result of the revision that makes personal tax returns much easier to complete, people would no longer need the services of accountants to calculate their tax returns. As a result, the demand for accountants would fall, all other things remaining equal.

The fall in demand would lead to a fall in wage rate of accountants

Please check the attached image for a graph explaining this concept

6 0

3 years ago

Question 6 of 10

earnstyle [38]

Answer: A. Can I afford this?

Explanation: A P E X

3 0

3 years ago

Why does a govemment place price ceilings on some "essential" goods?

Maru [420]

To limit the impact of equilibrium pricing

8 0

3 years ago

Read 2 more answers

In your opinion ,what is the correct priority in making a business decision?#1 personel integrity,organizational values,profit..

kumpel [21]

The correct priority in making business decision is:

<span>#3 profit, organizational values,personal integrity.

The main reason why you put up a business is to gain profit. Thus, it is a priority. Second consideration would be the organizational values. Organizational values will determine the longevity of the company and the tenure of its employees.</span>

5 0

3 years ago