Answer:
The match is as follow
1. Posting ⇒ E. Copying data from the journal to the ledger
2. Expense ⇒ A. The cost of operating a business; a decrease in stockholders' equity
3. Debit ⇒ K. Left side of an account
4. Trial Balance ⇒ L. The book of accounts and their balances
5. Equity ⇒ F. Assets - Liabilities
6. Net Income ⇒ G. Revenues - Expenses
7. Receivable ⇒ B. Always an asset
8. Chart of Accounts ⇒ H. Lists all accounts with their balances
9. Payable ⇒ I. Always a liability
10. Journal ⇒ D. Lists a company's accounts and account numbers (no account balances in this item)
11. Normal Balance ⇒ C. Side of an account where increases are recorded
12. Ledger ⇒ J. Record of transactions
Answer:
increase in cost of living of 9.09%
Explanation:
The cost of living for 2016 is goven as
(10 pizzas*$10) + (7 jeans * $40)+ (20 gallons of milk * $3)
= 100 + 280 + 60= $440
The cost of living from 2017 is
(10 pizzas*$14) + (7 jeans * $40)+ (20 gallons of milk * $3)
= 140 + 280 + 60
= $480
The percentage increase in cost of living between 2016 and 2017= (Cost of living in 2017/cost of living in 2016)* 100
= {480/440}* 100
= 109.09%
So there was a increase in cost of living of 9.09%
Answer:
Purchasing insurance can help Adrian minimize risk. Adrian’s best decision in this case is to not buy the insurance
because the policy is
too expensive in relation to the value of his vehicle
Answer:
The correct answer is option B.
Explanation:
A monopolistic firm is characterized by a large number of buyers and sellers in the market producing differentiated products which are close substitutes, there are relatively easier entry and exit in the market.
In the given question, Teen Angle Hardware is looking for a niche or a slightly differentiated product to sell to teenagers. But is able to earn only a normal profit because there is a large number of firms in the market. And new firms can enter the market in the long run. So, this firm is an example of a monopolistic firm.
Answer:
B) antitrust laws
Explanation:
Antitrust laws refer to the laws with respect to the competition and it is established by the U.S government. The motive of this to secure the consumers from that business practices who are dealing in predatory and if this law does not exist then the consumers would not gain i.e from the competition arise in the market place
Therefore according to the given situation, when the government passes the law against so this reflect the antitrust laws
