Answer:
Journal entries
Explanation:
1. Cash Dr XX
To Sales revenue XX
(Being the cash sales is recorded)
Since the cash is received so we debited the cash as it also increases the assets and the sales revenue would be credited as it an income for the company
2. Cost of goods sold XX
To Merchandise inventory XX
(Being the cost of goods sold is recorded)
While calculating the cost of inventory we debited the cost of goods sold and credited the merchandise inventory
1. Account receivable Dr XX
To Sales revenue XX
(Being the cash sales is recorded)
Since the sales is made on account so we debited the account receivable as it also increases the assets and the sales revenue would be credited as it an income for the company
2. Cost of goods sold XX
To Merchandise inventory XX
(Being the cost of goods sold is recorded)
While calculating the cost of inventory we debited the cost of goods sold and credited the merchandise inventory
Answer:
a change in consumer tastes for the product.
Explanation:
A change in consumer taste about a product causes the demand curve and not the supply curve to change.
If the cost of Labour increases, cost of production is higher and supply would fall. The supply curve would shift leftward.
If the cost of Labour falls, cost of production is lower and supply would increase. The supply curve would shift to the right.
If it is expected that price would increase, supply would increase and the supply curve would shift to the right.
If the number of sellers increases, supply would increase and the supply curve would shift to the right.
If the number of sellers decreases, supply would fall and the supply curve would shift to the left.
I hope my answer helps you
The correct answer is C) Both A&B
Answer: They are applying a task separation policy that indicates that employees must change their roles regularly
Explanation: This change management helps to reduce the planned interruptions of the changes, so that everyone learns all the tasks and in case of a resignation, have the solution to fill the position and train new employees.
