Answer and Explanation:
The journal entries are shown below:
1. Equipment($45,000 + $2,200 + $700 + $1,000) $48,900
To Accounts payable $47,200 ($45,000 + $2,200)
To Cash $1,700
(Being the equipment is purchased on cash and credit)
Since the equipment is purchased so it would be debited and the other two accounts i.e account payable and the cash is credited
2.Prepaid insurance $900
To Cash $900
(Being the payment is recorded)
Since there is a prepaid insurance and the same is increased in assets so it would be debited and the cash is paid so it would be credited
<u>Answer:</u>
The correct answer for this is 'non price competition'.
<u>Explanation:</u>
When a real estate agent says the three most important factors when buying a property are “location, location, location,” the agent is referring to one of the forms of non price competition.
Non-price competition is a type of competition where two or more than two producers use factors like customer service, packaging or delivery rather than the price to increase the demand of the product or service.
Here, location is used as a non-price competition to increase the demand.
Answer:
Free Rein Style
Explanation:
leadership can be described as research area that encomposses the ability of an organisation or an individual to lead a team, individuals or entire organisations.
Free rein style is the most suitable.
