Answer:
Someone owes you money
Explanation:
negative balance simply means that your card issuer owes you money,
Answer:
Starting a business is usually an exciting time for majority people. The idea of being your own boss, managing your own time and finances thrills a lot of people. With all this excitement, it is possible for one to just jump into business without prior planning. Lack of proper initial planning can be disastrous to the business owner(s) in the long run when the truth about the business environment sets in. To avoid losses or unpleasant surprises, I have discussed 20 important factors as well as steps to put into consideration before starting any type of business
Explanation:
Answer:
the amount of bad debt expense for the adjusting entry is $8,210
Explanation:
The computation of the amount of bad debt expense for the adjusting entry is shown below:
= Unadjusted trial balance × estimated percentage - credit balance of allowance for doubtful accounts
= $130,500 × 7% - $925
= $9,135 - $925
= $8,210
Hence, the amount of bad debt expense for the adjusting entry is $8,210
D,
We don’t even know whether Lisa likes coffee or not.
If she does like coffee, and it is a normal good, the consumption would ineluctably increase.
Answer: $225
Explanation:
Deadweight loss is caused by inefficient allocation of the resources or when both the supply and the demand for a product aren't in equilibrium.
The deadweight loss will be calculated as:
= 1/2 base × height
= 1/2 × 15 × 30
= $225