Answer:
The correct answer is - Core revenue recognition principle.
Explanation:
The stipulations of an exchange transaction or other conditions related to the recovery of accounts receivable over a long period may prevent a reasonable estimate of the collectibility of such accounts. Both the term sales method and the income and cost recovery method can be used for the recognition of income and expenses, during the entire period in which collectibility is not reasonably assured.
Answer:
1.
Sept - 30
DR Cash <u>$6,300</u>
CR Sales <u>$6,000</u>
CR Sales Tax <u>$300</u>
(<em>To record Cash sales and Tax Payable)</em>
<u>Working</u>
Sales Tax = 6,000 * 5%
= <em>$300</em>
2.
Oct - 15
DR Sales Tax Payable <u>$300</u>
CR Cash <u>$300</u>
(<em>To record remittance of Sales Tax to the State Government</em>)
3.
Sept - 30
DR Cost of Goods Sold <u>$3,900</u>
CR Merchandise Inventory <u>$3,900</u>
(<em>To transfer inventory to Cost of Goods sold) </em>
4. <em>Repeat question for question 2.</em>
5. <em>Repeat question for question 1.</em>
Answer:
a) reserves fall by $1,000, checkable deposits fall by $10,000, and the monetary base remains unchanged
Explanation:
The bank reserves will decrease by the same amount that the client withdrew from the bank, in this case $1,000.
Since the required reserve ratio for checkable deposits is 10%, then the checkable deposits will decrease by 10 times the amount withdrawn from the bank ($1,000 x 10 = $10,000).
The monetary base remains unchanged since the money is still out there in the economy, it only changed from being in the bank to being in the client's pocket.
Answer:
i dont know, but what i do know is that i miss you. Im sorry and i've said it a million times and i've gotten to the point, that i dont think you love me anymore, i know it hurt, im sorry, but i will never do something like that again, ever. im sorry Jose, please talk to me. I LOVE YOU. I havent ever loved anyone as much as i love you. You give me butterflys 24/7 no matter what we're talking about. It's killing me right now knowing that you're hurting and i can't do anything about it. Please Jose come back to me.
Explanation:
Answer:
Option b: Increase profits by shifting the demand curve for the product to the right
Explanation:
Marketing is simply all the activities necessary for a firm to sell a product to a consumer. Firm engages in marketing to make their brand or product known.
Advertising has a whole lot of effect in the society at large. There are economic effect, social effect and others.
effects of advertising on the prices of goods and service includes exerting an upward pressure on prices that is the Cost of advertising is passed along to consumers and Advertising makes us less price sensitive) and exerting a downward pressure on prices may lead to economies of scale and Lowers the cost of sales.
Social Effects of Advertising is that it is manipulative and promotes unnecessary consumption,Advertising makes us more intelligent consumers and promotes worthwhile social causes.
