I would say the answer is C.
Answer:
B. Clothing expenses
Answer:
Bad debts expense and estimates 800
Allowance for Doubtful Accts 800
Allowance for Doubtful Accts 650
Accounts receivable account 650
Explanation:
A=Credit sales 40000
B=Percent-of-sales method to account for bad debts expense and estimates 2%
Bad debts expense and estimates = AxB
=40000x2%
=800
You must remember to register the writte off. $650.
Answer:
It would rise.
The ratio of the marginal utility of ball games to the price of ball games went up compared to the ratio for movies.
the law of demand
Explanation:
According to the law of demand, the quantity of the item purchased depends on the price of the item. When the price of an item is high, the quantity purchased is less. On the other hand, if the price of an item is low, the quantity purchased becomes more respectively. The law of demand occurs because of the diminishing marginal utility. The higher the price, the lower is the demand and the lower the price, the higher is the demand.