Answer:
Journal entries
Explanation:
1. Cash Dr XX
To Sales revenue XX
(Being the cash sales is recorded)
Since the cash is received so we debited the cash as it also increases the assets and the sales revenue would be credited as it an income for the company
2. Cost of goods sold XX
To Merchandise inventory XX
(Being the cost of goods sold is recorded)
While calculating the cost of inventory we debited the cost of goods sold and credited the merchandise inventory
1. Account receivable Dr XX
To Sales revenue XX
(Being the cash sales is recorded)
Since the sales is made on account so we debited the account receivable as it also increases the assets and the sales revenue would be credited as it an income for the company
2. Cost of goods sold XX
To Merchandise inventory XX
(Being the cost of goods sold is recorded)
While calculating the cost of inventory we debited the cost of goods sold and credited the merchandise inventory
Answer: As of December 31, the company must make an adjustment that recognizes a credit receivable for the work performed and as a counterpart will have a positive result account since it is an income for the provision of a service. The registration should be:
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Debit Accounts Receivable $4600
Credit Roofing Fees Revenue $4600
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Suppose that this pure monopoly is subjected to a regulatory commission. if the commission seeks to achieve the most efficient allocation of resources for this industry, it should set the price at <u>P2</u>.
A monopoly is a scenario in which there is a single vendor in the market. In traditional financial evaluation, the monopoly case is taken as the polar contrary of ideal competition. with the aid of definition, the call for a curve going through the monopolist is the industry call for the curve that is downward sloping.
A marketplace shape is characterized by a single supplier, selling a completely unique product inside the marketplace. In a monopoly marketplace, the vendor faces no opposition, as he's the sole seller of goods with no close substitute.
A monopoly is a market structure that includes an unmarried vendor who has special management over a commodity or provider. The phrase mono way unmarried or one and the prefix pole in reveals its roots in Greek, meaning “to sell”. Consequently, the word monopoly literally translates to a single supplier.
Learn more about monopoly here: brainly.com/question/13113415
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Answer:
The supply of the output from the hydroelectric power plants to decrease
Explanation:
As mentioned in the problem statement now an extra task is added to the process of electricity production. This will slow down the output rate of electricity and hence it can be safely concluded that the supply of electricity will decrease.
Answer: They must continue with their work, which goes beyond being housewives.
Explanation: Today women have achieved a lot to be seen as beings who have the ability to undertake large-scale projects. Women should continue working, positioning themselves in direct positions, undertaking, and above all, supporting each other. Women must continue to demonstrate that they too are capable of occupying positions that have been seen only for men. Today we have women presidents of nations, CEOs and giving more contributions to society.
