The answer to this question would be ; true
Answer:
$50,000
Explanation:
The computation of the cost of going the college is shown below:
= College tuition fees per year + boarding fees per year + books and materials charges per year + earnings while working
= $20,000 + $10,000 + $2,000 + $18,000
= $50,000
For computing the cost of going to the college we simply added the total cost that is mentioned in the question so that the accurate amount could come
Explanation:
The adjusting entry is as follows:
Supplies expense A/c Dr $370
To Supplies A/c $370
(Being supplies account is adjusted)
The Supplies expense is calculated below:
= Beginning Supplies balance + purchase an additional office supplies - supplies on hand
= $500 + $3,500 - $950
= $3,050
Simply we debited the supplies expense account and credited the supplies account for $3,050
Answer:
1935
Explanation:
32,000-15,000 = 17,000
17,000 x 0.075 = $1275 (this is his commission)
1275 + 660 = $1935
$1935 is his gross income for the month
Answer: (A) Capitalist
Explanation:
The main importance of the capitalist system is that it is the private property and the control over the various types of factors such as competition, production and the capital accumulation.
The global economical system is basically approach the capitalist in the form of the single unit according to the theory of world system. The private ownership, free market and the capital concentration are some of the characteristics of the capitalist.
Therefore, Option (A) is correct.
