The scenario you described suggests that the Law of Demand is correct.
Increase in price will always lead to loss of demand, while replacements for that product will grow in demand.
I’m thinking (a., because im pretty sure you need to have the heading before make an argument.
Answer:
$38,000
Explanation:
in order to determine gross profit we must prepare the following:
total revenue $156,000
-cost of goods sold ($110,000)
-sales discounts ($3,000)
<u>-sales returns & allow. ($5,000)</u>
gross profit $38,000
operating expenses ($33,000) are not included in the calculation of gross profit
filters reduces dust particles, scratches, and minute light disturbances in a image
Answer:
A column for showing the balance of the account after each entry is posted.
Explanation:
The balance column in a ledger account would represent the debit and credit columns amount for recording and posting entries and the other column represent the account balance after each entry is passed or recorded
Therefore the above represent the answer
