Solution :
Sullivan's Company
Bank Reconciliation Statement, July 31
BANK BOOK
Ending balance from $11,828.12 Balance from the ledger $9,381.58
bank statement.
Add : Add :
Deposit in transit $4,650.03 Note payable borrowed $5,200
from bank
Error by bank $422.50 Error in recording payment $1275.3
$ 16,900.65 $15,856.88
Less: Less :
Outstanding checks $1,908.27 Service charge $32.50
NSF Check $832
Reconciled cash balance $ 14992.38 Reconciled cash balance $14992.38
b).
Date Accounts titles and explanations Debit($) Credit($)
July 31 Cash 5,200.00
Notes payable 5,200.00
July 31 Cash 1275.3
Repair expenses 1275.3
July 31 bank charges 32.50
Cash 32.50
July 31 Accounts receivable 832
cash 832
Demarcus's demand for apps is unit elastic
Explanation:
Unit elastic demand is an economic model which assumes that price changes would cause the necessary quantity to be equivalent in proportional.
There is dynamic competition that adjusts proportion to a change in price. A unit elastic demand is a result of price changes because customers have small alternatives that meet their needs.
Likewise, an elastic unit supply results in a price change when near supplies of substitutes are made.
Since a price change in the product corresponds to the same percentage growth in the amount demanded or given, the market elasticity is equal to-1 (Ed= -1) as well as the supply unit elasticity is equivalent to 1 (Es= 1).
Answer:
d. right to choose
Explanation:
By not presenting any other alternatives for acetaminophen, the pharmacist is violating the consumers' right to chose. According to this right, consumers should be provided with a variety of options of products at a satisfactory quality and competitive prices, which does not occur if they only have one brand to choose from.
The answer is alternative d. right to choose
