Answer: Option (a) is correct.
Explanation:
Income elasticity of demand measures the responsiveness of quantity demanded with change in the income level of an individual.
Income of an individual has a positive relationship with the demand for normal goods and has a negative relationship with the demand for inferior goods.
Explanation:
13,200 Rent prepaid on January 1 for 1 year
÷ 12 Months
$ 1,100 Rent expense per month
Thus, $1,100 Rent expense per month
× 7 Months
$7,700 Rent expense for January through July
At July 31, Aiden's Tavern should record $ 7700 of rent expense.
Answer:
The word that is underlined, that's the answer;<u> </u><u>Macro</u>
Explanation:
hope this helps.
Answer: option E -Corporation
Explanation:
Corporation is the most effective form of business organization for raising capital
Answer:
the supplies expense for the year 2019 is $5,400
Explanation:
The computation of the supplies expense for the year 2019 is as follows:
Supplies Expense = Opening balance of Office supplies + Purchase of supplies during the year - ending balance of Office supplies
= $1,300 + $5,600 - $1,500
= $5,400
Hence, the supplies expense for the year 2019 is $5,400
We simply applied the above formula so that the correct value could come
And, the same is to be considered
