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3 years ago

To affect the market outcome, a price ceiling

1 answer:

3 0

<span>Option D would be the best to select for this question. To affect the market outcome, a price ceiling must be set below the equilibrium price, as this means that the price cannot go any higher than it already is.</span>

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For each transaction:

stira [4]

Answer:

Elegant Lawns

a. Analysis of transactions using the accounting equation:

1. May 15, Assets Cash $7,000 Equipment $3,000 Equity: Common stock $10,000

2. May 21, Assets: Office supplies $500 Liabilities: Accounts Payable $500

3. May 25, Assets: Cash $4,000 Equity: Service Revenue $4,000

4. May 30, Assets: Cash $1,000 Equity: Service Revenue $1,000

b. Journal Entries:

Date Account Titles Debit Credit

1. May 15, Assets: Cash $7,000

Assets: Equipment $3,000

Equity: Common stock $10,000

May 21, Assets: Office supplies $500

Liabilities: Accounts Payable $500

3. May 25, Assets: Cash $4,000

Equity: Service Revenue $4,000

4. May 30, Assets: Cash $1,000

Equity: Service Revenue $1,000

c. T-accounts:

Cash

Date Account Titles Debit Credit

1. May 15 Common stock $7,000

3. May 25, Service revenue 4,000

4. May 30, Service revenue 1,000

Equipment

Date Account Titles Debit Credit

1. May 15 Common stock $3,000

Office Supplies

Date Account Titles Debit Credit

2. May 21, Accounts Payable $500

Common Stock

Date Account Titles Debit Credit

1. May 15 Cash $7,000

1. May 15 Equipment 3,000

Accounts Payable

Date Account Titles Debit Credit

2. May 21, Office supplies $500

Service Revenue

Date Account Titles Debit Credit

3. May 25, Cash $4,000

4. May 30, Cash 1,000

Explanation:

a) Data and Analysis with Accounting Equation:

1. May 15, Assets Cash $7,000 Equipment $3,000 Equity: Common stock $10,000

2. May 21, Assets: Office supplies $500 Liabilities: Accounts Payable $500

3. May 25, Assets: Cash $4,000 Equity: Service Revenue $4,000

4. May 30, Assets: Cash $1,000 Equity: Service Revenue $1,000

8 0

3 years ago

What is the repitition of the elements of art?

torisob [31]

Answer:

Repeating of elements in a design.

Explanation:

Repetition is defined as repeating a single element several times in a design. In arts, repeat patterns are used by the artists. Repeat Pattern is the repetition of lines, shapes, colors, textures and forms. Artists and designers used patterns to discover their decorative style, to understand their structural form and to communicate their intrinsic beauty so for these reasons repetition is used.

7 0

3 years ago

Is a company bonus earned income?

katrin2010 [14]

<span>Earned income typically includes salaries and bonuses, wages, commissions and tips. Union strike benefits are also considered earned income, as are long-term disability benefits received prior to minimum retirement age. So yes</span>

7 0

3 years ago

A farmer sells $50,000 worth of apples to individuals who take them home to eat, $75,000 worth to a company that uses them all t

IrinaK [193]

Answer:

The answer is: $150,000

Explanation:

The GDP includes all the final, finished and legal products produced in the country during a year.

The apples sold directly by the farmer to individual consumers and the apples the grocery store sells to households are both going to be included in the GDP.

The only apples not included in the GDP are the once sold to the company that produces apple juice, since they are intermediate goods and not finished goods.

6 0

3 years ago

n an elimination reaction, the non-preferred geometry in which the β hydrogen and the leaving group are on the same side of the

nasty-shy [4]

Answer:

Explanation:

In an elimination reaction, the non-preferred geometry in which the β hydrogen and the leaving group are on the same side of the molecule is called syn periplanar. According to the Zaitev rule, the major product in a β-elimination has the more substituted double bond. In an E1 reaction, the rate depends on only the alkyl halide concentration. The rate of the E2 reaction increases as the strength of the base increases because the reaction is biolecular and the base appears in the rate equation. Carbocation intermediates are involved in E1 mechanisms. Polar aprotic solvents increase the rate of the E2 reactions. Anti periplanar geometry is the preferred arrangement for any alkyl halide undergoing E2 elimination, regardless of whether it is cyclic or acyclic.

6 0

4 years ago