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Pavlova-9 [17]
3 years ago
8

In the united states today, what gives money its value?

Business
2 answers:
BigorU [14]3 years ago
8 0

The value of any money is determined by supplys and demands and the supplys and demands for other goods in the economy

Elina [12.6K]3 years ago
5 0

The value of any good is determined by its supply and demand and the supply and demand for other goods in the economy. A price for any good is the amount of money it takes to get that good. Inflation occurs when the price of goods increases—in other words when money becomes less valuable relative to those other goods.

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Accrual accounting: A. results in the balance sheet showing the fair value of the entity's assets. B. is designed to match reven
satela [25.4K]

Answer:

The answer is B. is designed to match revenues and expenses.

Explanation:

Accrual Accounting method records revenues and expenses when they are incurred, regardless of when cash is received or paid.

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3 years ago
Explain consumptions of the principal of absolute advantage​
DENIUS [597]

Answer:

The Absolute Advantage Theory assumed that only bilateral trade could take place between nations and only in two commodities that are to be exchanged.

Explanation:

In economics, the principle of absolute advantage refers to the ability of a party (an individual, a firm, or a country) to produce more of a good or service than competitors while using the same amount of resources.

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3 years ago
On May 1, 2017, Pronghorn Company issued 2,500 $1,000 bonds at 102. Each bond was issued with one detachable stock warrant. Shor
dybincka [34]

Answer:

a. Prepare the entry to record the issuance of the bonds and warrants

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Dr Cash 2,550,000

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b. Assume the same facts as part (a), except that the warrants had a fair value of $30. Prepare the entry to record the issuance of the bonds and warrants.

May 1, 2017, bonds issuance

Dr Cash 2,550,000

    Cr Bonds payable 2,500,000

    Cr Premium on bonds payable 20,000

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Detachable warrants must be recorded separately than the bonds. They must be recorded as APIC stock warrants.

4 0
3 years ago
Below are the account balances for Cowboy Law Firm at the end of December. Accounts Balances Cash $ 3,600 Salaries expense 1,300
luda_lava [24]

Answer:

Income Statement  

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Salaries expense -$1.300  

Utilities expense -$1.100  

Net Income  5.100  

Explanation:

5 0
3 years ago
Was the time period between 400ad and 1400ad a dark age for europe? was this a time of cultural decay and decline?
eduard

AD was a dark age and a period of cultural decay and decline for Europe because there was barely a government, harsh punishments, ignorant people, not a lot of land, and there was a lot of killing and diseases going around Europe that cause Europe to decline in population.

8 0
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