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antiseptic1488 [7]
3 years ago
14

Expenses, Losses, Income and Gains are associated with______accounts.

Business
2 answers:
Otrada [13]3 years ago
6 0

Answer:

nominal

Explanation:

income and gains are usually credit accounts

expenses and losses are debit accounts

GarryVolchara [31]3 years ago
5 0

Answer:

Expenses, Losses, Income and Gains are associated with nominal accounts.

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The inverse relationship between price and quantity demanded can be graphically illustrated by ______. Multiple choice question.
Oliga [24]

The inverse relationship between price and quantity demanded can be graphically illustrated by <u>a downward sloping curve.</u> Therefore, Option D is the correct statement.

<u />

<h3>What is the relationship between price and quantity?</h3>

<u />

The law of supply and demand is a keystone of present-day economics. According to this theory, the price of a good is inversely associated with the quantity offered.

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