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3 years ago

Consider the following list of accounts:

Business

1 answer:

elena-s [515]3 years ago

5 0

Answer:

C) Six.

Explanation:

As we already know that

The expenses, assets, losses, dividend contains a debit balance while on the other hand, the liabilities, revenues, revenues, gains, stockholder equity contains credit balance

If there is an increase in a debit balance account then it always shown in the debit side itself and vice versa

And, the same is applied for credit balance

Therefore, the accounts which have a normal debit balance are cash, utilities expense, salaries expense, account receivable, equipment, and the dividend

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The following purchase transactions occurred during August for Elegance Catering Service: Aug. 4 Purchased cleaning supplies for

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Answer:

Debit Credit

Aug 4 Cleaning Supplies 79

Accounts payable 79

(Innovation Supplies)

Aug 19 Office Equipment 4900

Accounts Payable 4900

(Office Warehouse)

Aug 23 Cleaning Supplies 209

Accounts Payable 209

( Rubble Supplies)

Explanation:

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3 years ago

The Florence County Museum called a press conference to inform the public of the need for major repairs to prevent water damage

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Answer:

B. Public relations

Explanation:

Public relations is the strategic process whereby an organization builds a mutually beneficial relationship between them and the general public. It is a form of creating a stronger brand reputation. By sending donation envelopes to each family in the neighbouring county, the Musuem and its officials are engaging in public relations. It involves engagements between an organization its surrounding public.

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3 years ago

Inventory records for Dunbar Incorporated revealed the following:Date Transaction Number of units Unit CostApr. 1 Beginning inve

finlep [7]

Answer:

Explanation:

1. Calculate ending inventory Rate per unit Total cost

number of units ($) ($)

Beg bal (April1) 450 2.19 985.50

Add:purchases

April 20 410 2.69 1102.90

-----------------------------------------------------------------------------

Total goods

av for sale 860 2088.40

Less: Sales:

During April 590

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Ending inventory 270

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3 years ago

A Coase solution to a problem of externality ensures that a socially efficient outcome is to internalize the externality through

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Answer: Maximize joint welfare in respective or the right owner.

Explanation: A coase solution to a problem of externality insures that a socially efficient outcome is to maximize the joint welfare, irrespective of the right of ownership.

The Coase theorem states that when transaction cost are low, two parties will be able to bargain and reach an efficient outcome in the presence of an externality.

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After a prolonged period of high inflation the government of Atlantia decides to set a target of 0% inflation going forward. As

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The best support against a 0% inflation target given by the economic literature is c. A 0% inflation target could lead to deflation.

<h3>Why is a 0% inflation target risky?</h3>

If 0% inflation is targeted, the policy might be so effective that inflation becomes negative and deflation happens.

When deflation happens, the economy will experience hardships with lower production levels that will impact other sectors of the economy.

Options for this question include:

a. It is undisputed that too little inflation interferes with the downward adjustment of real wages.

b. Moderate to high inflation is popular among consumers.

c. A 0% inflation target could lead to deflation

Find out more on deflation at brainly.com/question/13562161.

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2 years ago