Answer:
decrease the stockholder equity and decrease in assets
Explanation:
As we know, the accounting equation is
Total assets = Total liabilities + stockholder equity
In the given case,
The rent is paid for the current month, so the journal entry would be
Rent expense A/c Dr XXXXX
To Cash A/c XXXXX
(Being rent is paid)
So it decreases the stockholder equity as it includes the income and expenses part and it decreases in assets as it reduces the cash balance
Answer:
The more electricity, communications, and transportation used in a nation's economy, it will give them a more developed country and a greater potential for increased industrialization.
Explanation:
Answer:
Canceled checks.
Invoices.
Cash register receipts.
Computer-generated receipts.
Credit memo for a customer refund.
Employee time cards.
Deposit slips.
Purchase orders
Explanation:
That is all i think
Answer:
Economic costs include both explicit costs and implicit costs.
Explanation:
- In economics, costs can be in the form of explicit and implicit as implicit costs are opportunity costs and are opportunities for engaging in business. While the explicit costs are accounting costs which are involved in the production of raw matter, wages etc.
Answer is Industry
Explanation:
An industry is a group of companies whose primary business activities like production, marketing, procurement and product design are related. In order words, an industry is a group of companies that sells related goods and services to satisfy similar customer needs in a particular economy.
Since EZ Electronics Inc., Neo Digital Inc., and Techno Products Corp., are all grouped as manufacturers and sellers of consumer electronics, it describes their similarities, of which their relative attractiveness or consumer preference can be compared with each other. Therefore, they are a part of an industry.
