Answer: The three functions of money are:
- serving as a medium of exchange
- unit of account
- and store of value.
Explanation:
- serving as a medium of exchange: because money is generally accepted and and guaranteed by the governemet is used to buy goods and services.
- unit of account: the value of goods and services are measured in money that we usually call price.
- store of value: when you sell something and don't use the money you are saving, so you maintain the value to use it later.
Your Answer is A) because when you sign a lease you agree all the terms to the land lord. DON'T LISTEN TO THE OTHER PEOPLE THIS IS THE CORRECT ANSWER your welcome
Answer:
Debit to Factory Overhead
Credit to Factory Utilities Payable
Explanation:
The journal entry to record the use of utilities in a factory is as follows:
Factory overhead Dr XXXXX
To Factory utilities payable XXXXX
(Being the utilities usage is recorded)
Here the factory overhead is debited as it increased the expenses and credited the factory utilities payable as it also increased the liabilities
So, the above represent the answer
Answer:
1) Citizens can own property.
2) Supply and demand drives production.
3) Consumers and producers make their own decisions.
4) Citizens can accumulate wealth.
Explanation:
Free enterprise are the system where market determine price, product and services not the government. It completely free of government control. They could refer to legal support in certain cases, however, commercial activity are controlled by market and private parties. It is more of capitalism than consumerism. Free enterprises are worked under set of legal rules for commercial interaction. It is operated under competition.
