Answer:
(a) If the amount in Supplies Expense is the January 31 adjusting entry, and $850 of supplies was purchased in January, what was the balance in Supplies on January 1?
- supply balance January 31 + supplies expense - purchases = $700 + $950 - $850 = <u>$800</u>
(b) If the amount in Insurance Expense is the January 31 adjusting entry, and the original insurance premium was for one year, what was the total premium and when was the policy purchased?
- Insurance expense per month = $400 x 12 months = $4,800, beginning balance prepaid insurance January 1 = $2,800. This means that the insurance policy was purchased ($4,800 - $2,800) / $400 = 5 months before, this means it was purchased in <u>August, 2016</u>.
(c) If $2,500 of salaries was paid in January, what was the balance in Salaries and Wages Payable on December 31, 2016?
- wages payable on December 31, 2016 = salaries expenses + wages payable balance January 31, - paid salaries = $1,800 + $800 - $2,500 = <u>$100</u>
(d) If $1,600 was received in January for services performed in January, what was the balance in Unearned Service Revenue at December 31, 2016?
- unearned service revenue on December 31, 2016 = cash received for providing services - service revenue + unearned service revenue balance January 31 = $1,600 - $2,000 + $750 = <u>$350</u>
From the given information, The demand function is (P) = -x/8 + 600. The demand function illustrates the causal connection between the quantity of a commodity that is demanded and its numerous determinants.
The demand function is given by P - P1 = m(x-x1)
Since, m = -10/80 (i.e. additional 80 tablets every $10)
P1 = $250, x1 = 2800
So, P - 250 = -1/8 (x - 2800)
P = -1/8 + 350 +350
P = -x/8 + 600
Hence, the demand function (P) = -x/8 + 600
- One variable's connection with its determinants is described by the demand function. It explains how much of a certain amount of products is bought at various prices for that good and its related goods, various income levels, and various values for other demand-affecting variables.
There are two categories of demand function:
- The linear demand function
- Nonlinear Demand Function
Without needing to create a demand function graph, an algebraic formula for constructing demand curves is known as a linear demand function.
Demand function with nonlinearity. The slope of the demand curve (P/Q), in a nonlinear or curved demand function, varies along the demand curve.
Learn more about Demand function, here
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Answer:
mortgage account
For me:
I like that among us account perfect
Technology wise: Apple or Microsoft
Food wise: McDonalds or KFC
Answer:
a practice that may have longer term implications on the ethics of personal privacy
Explanation:
Cookies are a tool that is used on websites to identify user browser history.
The information on a user's browsing habits is then used by businesses to tailor display information relevant to what they are usually interested in.
Usually they are a safe way to improve browsing experience, but they can be used by criminals to spy on people and gain unwanted access to their data.
Cookies save information about a user session by storing data like usernames.
There is a long term danger of having one's browsing history tracked without their consent
