Answer and Explanation:
The general journal entries are shown below:
On Aug 1
Cash Dr $6,500
Equipment $33,500
To Common stock $40,000
(Being the invested amount is recorded)
For recording this we debited the cash and equipment as it increased the assets and at the same time it also increased the stockholder equity so common stock is credited
On Aug 2
Prepaid insurance Dr $2,100
To cash $2,100
(Being the cash paid is recorded)
For recording this we debited the prepaid insurance as it increased the assets and at the same time it also decreased the assets so cash is credited
On April 5
Office supplies Dr $880
To cash $880
(Being the office supplies purchased for cash is recorded)
For recording this we debited the office supplies as it increased the assets and at the same time it also decreased the assets so cash is credited
On April 20
Cash Dr $3,331
To Fess earned $3,331
(Being cash earned is recorded)
For recording this we debited the cash as it increased the assets and at the same time it also increased the revenue so fees earned is credited
On April 31
Utilities expense $675
To Cash $675
(Being the utilities expense paid)
For recording this we debited the utilities expense as it increased the expense and at the same time it also decreased the assets so cash is credited
Answer:
B. cause changes in the quantities demanded and supplied that tend to eliminate the surplus or shortage.
Explanation:
In a competitive economy, the balance between supply and goods and services occurs when demand and supply match. However, situations of oversupply or scarcity tend to alter the parameters of the demand and supply curves. If shortages occur, the price tends to rise, which generates an incentive for production. If oversupply occurs, the price tends to decrease, which is an incentive to increase demand. Thus, in the long run the economy tends to a new equilibrium, which will eliminate surplus / scarcity.
Answer:
A dismissal is when you end an employer's contract, with or without notice. Dismissal from work also occurs when an employee's fixed-term contract expires and you choose not to renew it. When should I dismiss someone?
The main advantage<span> of a </span>grand jury<span> is that it provides a system for conducting a legally-binding "dry run" before a formal and protracted </span>criminal trial<span> takes place. </span>
The <u>procurement</u><u> statement of work</u> documents the portion of work to be purchased in enough detail, so as to help potential suppliers decide whether they're interested and capable of providing it.
<h3>What is procurement?</h3>
Procurement can be defined as a terminology that is used to connote the purchase of raw materials, items or resources from suppliers, which are used by business firms for the manufacturing of other finished goods and services.
Basically, the <u>procurement</u><u> statement of work</u> is typically used to document the portion of work to be purchased by an entrepreneur or business firm in enough detail, so as to help potential suppliers decide whether they're interested and capable of providing it.
Read more on procurement here: brainly.com/question/26101126
