Solution :
Date Account Debit($) Credit($)
April 2 Cash 27,330
Equipment 14,650
Capital 41,980
April 2 No journal is required on hiring employee
April 3 Supplies 338
Accounts payable 338
April 7 Rent expense 590
Cash 590
April 11 Accounts receivable 929
Service revenue 929
April 12 Cash 3021
Unearned service revenue 3021
April 17 Cash 2535
Service revenue 2535
April 21 Insurance expense 101
Cash 101
April 30 Salary expense 1352
Cash 1352
April 30 Supplies expense 138
Cash 138
April 30 Computer 5841
Capital 5841
The federal government has accounted for between two-thirds and three-quarters of all government spending since World War II. Since the end of the Korean War in the early 1950s, the federal government's purchases of goods and services as a percentage of GDP have been falling.
Automatic increases and decreases in government expenditure and taxation that follow the economic cycle. The majority of government spending in the United States took place at the state and municipal levels up to the Great Depression of the 1930s.
The federal government has accounted for between two-thirds and three-quarters of all government spending since World War II. Federal Expenditures and Purchases as a Percentage of GDP, 1950–2008.
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Explanation:
Answer:
Raise taxes
Explanation:
This will help reduce the amount of money in circulation because during recession money loses its value due to large amount of money in circulation