1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
klasskru [66]
3 years ago
14

On November​ 1, Equipment had a beginning balance in the Office Supplies account of . During the​ month, purchased of office

supplies. At November​ 30, Equipment had of office supplies on hand.
Required:
The Office Supplies​ T-account has been opened for you. Post the beginning balance and purchase of office supplies. ​
Business
1 answer:
olya-2409 [2.1K]3 years ago
7 0

Answer:

T-account entry:

                                                       Office Supplies

Dr                                                                                                                       Cr

Nov. 1   Balance b/d             $1,700

Nov.      Purchases               $2,000

You might be interested in
The fourth generation of computers was marked by the introduction of
Evgen [1.6K]
The answer to this is microprocessors. Hope this helps :D
4 0
3 years ago
An increase in investment can lead to a greater increase in aggregate demand if the value of the spending multiplier is?
soldier1979 [14.2K]

If the spending multiplier is greater than 1, an increase in investment may result in a greater increase in aggregate demand.

The aggregate demand simply rises as a result of an increase in investment when the spending multiplier is said to be greater than one, in essence.

What is Spending Multiplier ?

  • The spending multiplier is seen in terms of economics as a ratio between the change in GDP (Gross Domestic Product) and the change in autonomous expenditure.
  • With the use of an income and spending model, it may be easily shown visually. The value produced by a government's expenditure is said to exceed the amount of such expenditure.

To learn more about Spending Multiplier, visit - brainly.com/question/16887443

#SPJ4

8 0
2 years ago
If retail stores experience a decrease in revenues during this holiday season, then either attitudes toward extravagant gift giv
Olin [163]

Answer:

The statement is: True.

Explanation:

Several factors influence the revenues of a business. <em>Change in consumers' patterns</em> is one of them. Individuals' behavior, needs, and expectations are not static. They vary over time. Firms must be aware of what tendencies are in the market to keep up with the changes. Otherwise, a company can lose its market share because of not knowing what is driving consumer purchases.

Another factor influencing institutions' profits is<em> consumer income</em>. If income decreases or if price rises but income keeps the same level, consumers will lose purchasing power decreasing the quantity demanded in different products which are translated in losses for companies.

5 0
3 years ago
Carmel Corporation is considering the purchase of a machine costing $36,000 with a 6-year useful life and no salvage value. Carm
Korolek [52]

Answer: $18,000

Explanation:

From the question, we are told that Carmel Corporation is considering buying a machine that cost $36,000 with a 6-year useful life and no salvage value and the straight-line depreciation was used on the assumption that the annual cash inflow from the machine will be received uniformly throughout each year.

Accounting rate of return will be the average profit divided by the average investment

The average investment is made of up of the cost of the asset, its salvage value and working capital. Average investment will be the machines and cost divided by 2.

= $36000/2

= $18000.

The average investment is $18,000

8 0
4 years ago
Insurance premiums, entrance fees, train fares, and organization dues are all examples of?.
Phantasy [73]

Insurance premiums, entrance fees, train fares, and organization dues are all examples of price.

<h3>What is price?</h3>

Price is the amount of payment or compensation given by one party to another for a good or service. In some situations, the price of the product has a different name. If an item is a "commodity" in a commercial exchange, the consideration paid for that item is likely to be called its "price."

There are many other types of price. Some of them, like the threshold price, are conceptual. Others relate to the timing of a potential deal or the relative strength of the buyer and seller. However, they all ultimately have something to do with the spot price.

To learn more about price, refer;

brainly.com/question/19091385

#SPJ4

6 0
1 year ago
Other questions:
  • In responding positively to a claim, begin the message with a. information promoting other products. b. the good news that you a
    10·1 answer
  • If the price elasticity of demand for a product is equal to 0.5, then a 10 percent decrease in price will:
    5·1 answer
  • New information that might lead to a decrease in an asset's price might be ________. A. an expected increase in the future sales
    8·1 answer
  • 1. Demand curves faced by individual firms in a competitive market are thought to be perfectly elastic while the demand curve fa
    10·1 answer
  • Millions of people from Mexico have migrated to the United States. This has reduced the supply of labor in Mexico and increased
    5·1 answer
  • Data concerning Wang Corporation's single product appear below: (Do not round your intermediate calculations.)
    9·1 answer
  • What is latin america's "informal sector", and how does it serve as a barometer for its economy? in your discussion please provi
    8·1 answer
  • Waterway Industries required production for June is 172000 units. To make one unit of finished product, three pounds of direct m
    14·1 answer
  • What are the solutions for cos2 x - cos2x = 0​
    12·1 answer
  • Insurance fraud is estimated to cost $27.6 billion per year. This includes Automobile fraud, Business and Commercial fraud, Home
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!