Answer:
shortage of supplies lack of demand or the lack of interest in the economy
Answer:
3, 1, 4, 2
Explanation:
The adjustment are required so that any change in any account would be recorded in the books of accounts
The steps to record the adjustments is as follows
3. Determine the accounts requiring adjustment, using the unadjusted trial balance. Like supplies, insurance, rent, etc
1. Record the adjusting entries in the journal. Like supplies, insurance, rent, etc
For example, the adjusting entry for supplies account is
Supplies expense A/c Dr XXXXX
To Supplies A/c XXXXX
(Being the supplies expense is recorded)
4. Post the adjusting entries to the general ledger.
2. Prepare an adjusted trial balance to check the equality of the debits and credits. It includes all the adjusting entries that are recorded and the trial is always matched.
Answer:
Larry can set up Messaging by adding a mobile number to Google My Business.
Explanation:
In addition to Larry's business phone number placed on his Google My Business panel, he needs to add his mobile number which would enable him to receive text messages from customers and respond to them accordingly.
Answer:
The law of supply is the microeconomic law that states that, all other factors being equal, as the price of a good or service increases, the quantity of goods or services that suppliers offer will increase, and vice versa.
Answer:
- The richest quintile has the ability to save a larger percentage of its income.
- Individuals experiencing temporary fluctuations in their incomes are more likely to maintain moderate spending habits.
Explanation:
First part of this question reads:
In the United States, the richest quintile of the population receives 13 times as much income as the poorest quintile. However, the richest quintile only spends 4 times as much as the poorest quintile.
The richest quantile can afford to save more than the poorest quantile because they get enough income to manage their daily needs and then save. The poorest quantile on the other hand face a daily struggle and so have to spend all or most of their income to survive.
When the richer quantile goes through temporary fluctuations, they maintain moderate spending because they know it is temporary and so they keep saving. This is not the case for the poorer quantiles who have to spend according to their income - regardless of its fluctuating - to survive.
