Answer:
Accounts Debit($) Credit($)
Cash 10,750
Common Stock 10,750
<u>Being cash invested for common stock</u>
<u> in the business</u>
Office Supplies 312
Cash 312
<u>Being office supplies purchased with cash</u>
Office Equipment 5,945
Account Payable 5,945
<u>Being office equipment purchased on credit</u>
Cash 1,268
Fees Earned 1,268
<u>Being cash received on service rendered </u>
<u>to a customer</u>
Account Payable 5,945
Cash 5,945
<u>Being settlement of amount owned for </u>
<u>office equipment</u>
Account receivable 2,279
Fees Earned 2,279
<u>Being recognition of amount owned </u>
<u>by customer</u>
Rent Expense 525
Cash 525
<u>Being cash paid for rent</u>
Cash 957
Account Receivable 927
<u>Being cash collected for account receivable</u>
Dividend 900
Cash 900
<u>Being dividend paid with cash</u>
Explanation:
Journal entry entries are used to record accounting effect of business transactions. General journal has two sides that make up debit and credit.
Entries on the debit side are assets or expenses while entries on the credit sides are liabilities, equity and income.
Journal also has a narration for each accounting event to provide information about the entry.
Answer: Supplier Dependence
Explanation:
Supplier Dependence is the level of trust a buyer places on their supplier, and the difficulty of the buyer to change their supplier. Supplier Dependence is built if the supplier is reliable and trustworthy in their dealings with consumers.
The principal difference between public and privately held companies is that public companies have shares that can be publicly traded on a stock market. A privately held company might become a publicly held company by conducting an initial public offering, which is the offering of shares of the company to the public.
Monopoly output is _the same as (B) ______ the corresponding output for perfectly competitive industries
<h3>Similarity between a monopolistic market and perfectly competitive market </h3>
A monopolistic market is similar to a perfectly competitive market because both markets determine the prices and supply of goods and services in the market. although a perfectly competitive market consists of several firms no particular firm controls the market which makes the group of firms as act as a monopoly.
Hence the output of a monopoly is similar to the output of a perfectly competitive industries.
Learn more about Monopolistic markets : brainly.com/question/24877850
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Answer: D- the outlook for accountant jobs is better than for advertising sales agent jobs
