Answer:
This entry would be recorded by Young with a credit to <u>cash account</u> in the amount of <u>$1,020</u>.
Explanation:
The complete journal entry for June 29 should be
- Dr Notes Payable account 1000
- Dr Interest Expense account 20
- Cr Cash account 1020
The total interest due = $1,000 x 6% x 4/12 =$20
Notes payable is a liability account and it decreases, so it should be debited.
All expenses are debited.
Cash is an asset account and it decreases, so it should be credited.
Answer:
overcome the challenge of deciding about further enlargement
Explanation:
The World Trade Organization main goal is to eliminate both tariff and non-tarrif barriers in world trade. It has 164 members states, and has been largely successful in this goal.
These achievements, as well as the achievements of other multilateral trade agreements help the European Union overcome debates about further enlargement and integration because not only do they lay the foundation for future economic integration, but also they represent empirical evidence that proves that economic integration is largely benefitial to signing countries.
Generally, a seller can charge a higher price for a product when demand for the product is high.
<h3>What is demand?</h3>
Demand is the quantity of goods or services that an individual can afford or Pay for at a given period of time.
The quantity of goods demanded for will determine the supply and if the demand is higher than the amount of goods will also be increased.
Therefore, Generally, a seller can charge a higher price for a product when demand for the product is high.
Learn more on demand here,
brainly.com/question/1139186
Answer: Marketing
Explanation:
According to the AMA (American Marketing Association), the marketing is the term that is used to refers to the various types of activities, process and the communication process for exchanging the various types of information to the customers and the clients.
It is also known as the economical response pattern that helps in understanding the actual requirement of the customers in terms of products, brands and the services.
According to the given question, the marketing is refers to the activities and process for communicating, creating and also delivering the products and the services in the market.
Therefore, Marketing is the correct answer.
