Answer:
$ 8500 paid by the university
Explanation:
The dormitory fees are recorded as part of his gross income because it is a payments given to his services rendered which was counseling freshman on campus living. The dormitory fees gotten can be taxed for this reason unlike the scholarships received for tuition, fees, books can be excluded from gross income as they are required for the student courses.
Propone dondthe demos dkkdndi
Answer:
b. surpluses of the commodity will develop
Explanation:
A price ceiling is when the government or an agency of the government sets the maximum price for a good or service.
If price ceiling is set above equilibrium price, suppliers would increase supply while consumers would reduce demand. This would lead to an excess supply and surplus in the economy.
When price ceiling is set above equilibrium price, it is known as a non binding price ceiling.
I hope my answer helps you
Answer:
The total cost of goods sold = $70,000
Explanation:
Given:
Initial inventory at the start of the year for Jackson Co. = $20,000
Total cost of purchases made during the year = $80,000
Inventory remaining at the end of the year = $30,000
Solution:
Total inventory for Jackson Co. during the year = 
Inventory remaining at the end of the year = $30,000
The cost of the goods sold can be calculated by subtracting the remaining inventory from the total inventory.
Thus, cost of goods sold can be given as :
⇒ 
⇒ 
The total cost of goods sold = $70,000
I think Jennifer’s payment for the month is 3,800
