Market economy and free enterprise
Answer: a. appropriations exceed estimated revenues
Explanation:
A Budgetary Fund Balance is simply an account that Government agencies and Departments have to calculate the difference between expected inflows and Outflows for the period that a budget covers.
It is a temporary account with it's balance going to the General fund. If it is debited in the General fund then that means that Appropriations approved for the period are more than the revenues expected. The reverse is true.
Answer:
The correct answer is There will be no real change in the sales of those subliminally advertised items.
Explanation:
Subliminal advertising is one whose message is transmitted below the threshold of consciousness, whether using images, sounds or other techniques that are not readily noticeable. The objective of this type of advertising is to influence the wishes of consumers by generating impulses and needs that encourage them to buy or perform a certain marketing action, but without being aware of that influence.
Answer: decrease retained earnings $1.60 million and increase liabilities by $1.60 million.
Explanation:
The dividend on common shares will be:
=2,000,000 × $0.80
=$1,600,000
Then, the journal entry will be:
Debit: Retained earnings $1.6 million
Credit: Dividend payable $1.6 million
The answer will be to decrease retained earnings $1.60 million and then increase liabilities by $1.60 million.
Sometimes they don’t want loose change in their wallets, pockets, etc. Coins are pretty heavy as well.
