If the Federal Open Market Committee engages in an open market purchase, it will shift the money supply curve to the right.
When the Federal Open Market Committee engages in an open market purchase, it is conducting an expansionary monetary policy. The aim of expansionary policies is to increase the money supply in the economy.
When an expansionary monetary policy is conducted, there would be an increase in the supply of money in the economy. This would lead to a rightward shift of the money supply curve.
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Answer:
yes education opens the door to employment as Education give us a new identity and talent which people are looking for the employment. Education can lead to success and employement.
Answer:
markets is the correct answer.
Explanation:
Answer:
This question is incomplete. However, I searched the web and found a similar question that is asking to "Prepare journal entries to (a)update depreciation for 2021"
Explanation:
The general journal entries will be as follows;
From Jan 1st to Sept. 1st, there are 8 months of depreciation. If yearly depreciation is $2,832, it means that monthly depreciation is $236.Therefore, depreciation expense for the 8 months would be (8*236 = $1,888). For journal entry, you will debit depreciation expense and credit accumulated depreciation;
Dr. Cr.
Depreciation $1,888
Acc. depreciation $1,888
Answer:
d. Debit Credit
Bad Debt Expense $17,000
Allowance For Doubtful Accounts $17,000
Explanation:
Estimates of uncollectible ( $390,000× 5%) = $19,500
Less: Allowance For Doubtful Accounts Credit= <u>($2500)</u>
Bad Debt Expense= <u>$17,000</u>