The household debt has Risen
Answer:
Since there is not enough room here to elaborate a horizontal financial statement, I attached an excel spreadsheet. Each of the 12 events corresponds to the events detailed in the question.
Explanation:
Answer:
Cash $3,848
Service Charge Expense ($4,000 ×3.8%) $152
To Sales Revenue $4,000
(Being the record of the sale of merchandise is recorded)
Explanation:
The journal entry is shown below:
Cash $3,848
Service Charge Expense ($4,000 ×3.8%) $152
To Sales Revenue $4,000
(Being the record of the sale of merchandise is recorded)
Since sale is made so we debited the cash it increased the assets plus there is service charge expense so the same is also debited as it increased the expenses and at the same time the merchandise is sold so it would be credited as it increased the revenue
Productivity is defined by the formula of outputs divided by inputs for a specified period of time.
In advertising, a product is an object, system, or carrier made available for customer use in keeping with patron demand; it's miles anything that can be provided to a market to fulfill the choice or want of a patron.
A product is an item provided for sale. A product may be a provider or an item. it can be bodily or digital or cyber form. each product is made at a cost and each is offered at a fee. The rate that may be charged depends available on the market, the best, the advertising, and the section this is targeted.
There are 4 styles of products and each is classed based totally on client habits, charge, and product characteristics: comfort goods, shopping items, area of expertise merchandise, and unsought items.
Learn more about the product here:-brainly.com/question/25528419
#SPJ4
Answer:
a comparison of the current price of a market basket to a fixed point of reference.
Explanation:
A price index measures how prices change over time. It is a measure of inflation. It compares the current price of a market basket to a fixed point of reference or a base point.
Inflation is a persistent rise in the general price levels
types of price indexes
1. Producer price index measures the goods and services produced. this would not increase because it is used cars that is being examined
2. The consumer price index measures the changes in price of a basket of good. It is used to measure inflation. Because the price of price of used cars and trucks in US has increased , the CPI would increase
CPI = (cost of basket of goods in current period / cost of basket of goods in base period) x 100