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3 years ago

Because of the free-rider problem,

Business

1 answer:

Nookie1986 [14]3 years ago

6 0

Answer:

c. private markets tend to undersupply public goods

Explanation:

Because of the free-rider problem, private markets tend to undersupply public goods

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On January 1, 2020, Harter Company had Accounts Receivable $139,000,

LuckyWell [14K]

<u>Solution and Explanation:</u>

<u>Date Particulars Post ref. Debit ($) Credit ($) </u>

5- Jan Accounts Receivable 20000

Sales revenue 20000

(To record the sales revenue)

5- Jan Notes Receivable 30000

Accounts receivable 30000

(To record the sales revenue)

18- Feb Notes receivable 8000

Sales revenue 8000

(To record the notes receivable and sales revenue)

20- April Cash 20400

Notes receivable 20000

Interest revenue 400

(To record the collection of notes)

30 april Cash 25000

Notes receivable 25000

(to record the collection of payment due)

25 May Notes receivable 6000

Accounts receivable 6000

( To record the note settlement of past due balance)

18- Aug Cash account 8360

Notes receivable 8000

Interest revenue 360

(To record the collection of notes payment)

25- Aug Accounts receivable 6135

Notes receivable 6000

Interest revenue 135

1-Sep Notes receivable 12000

Sales revenue 12000

(To record the note for amount due)

6 0

3 years ago

A listing given to any number of brokers without liability to compensate any broker, except the one who first secures a buyer re

german

Answer:OPEN LISTING

Explanation:

Open listing is a term used in the Marketing of securities like bonds,stocks and other marketable securities and real estates, in this type of listing it is made open to all the brokers available who are ready to help facilitate the sale.

Compensation can only be paid to the Broker who first brings the buyer of the listing. A broker is compensated based on the amount made buy the owner of the listing.

6 0

3 years ago

Mr. Curtis paid the following taxes: Federal income tax $ 72,250 Federal gift tax 361 Federal employer payroll tax for housekeep

tia_tia [17]

Answer:

Mr Curtis can deduct his total property taxes of $ 7,810.00 as well as the Indiana state income tax of $8,120.00 ,since this exceeds the Indiana state sales tax on consumer goods and services of $2,890.00 paid by Mr Curtis during the year.

Finally,the remaining are not deductible

Explanation:

In other words the following taxes are not deductible:

1.Federal income tax $72,250.00

2.Federal gift tax $361

3.The Federal payroll tax for housekeeper $1,301

4.Indiana sales tax on consumer goods and services$2,890

Lastly the property taxes deductible is computed thus:

Principal residence $3,980.00

Vacation home $2,530.00

Two automobiles $1,300.00

Total $ 7,810.00

8 0

3 years ago

Purpose of business functions

aleksley [76]

Answer:

Business functions provide the vocabulary and framework needed to provide an enterprise-wide view of the business activities. They help to identify the main activities of the organization

7 0

3 years ago

Read 2 more answers

2. A pizzeria raises its price from $3.00

Likurg_2 [28]

Answer:

Explanation:

Effect: On the individual pizzeria's supply schedule: quantity will go up

5 0

3 years ago