An insurance policy with a higher premium most likely has a lower deductible
Answer:
The correct word for the blank space is: lower; buyers to offer higher prices.
Explanation:
In a market driven by supply and demand laws, shortages are caused because of excess in demand as a result of lower prices. Thus, that price is lower than the equilibrium price. Besides, if there is a need to push that price to its equilibrium level, sellers will have to increase the price implying buyers will have to offer higher prices.
Utility costs that relate to current year's operations but are not paid until the following year require:
- a debit to Utilities Expense
- a credit to Utilities Payable
<h3>What happens when expenses are not paid?</h3>
Expenses are meant to be paid within the accounting period that they occur and if this does not happen, then they are to be treated as current liabilities in the Balance sheet.
This means that the Utilities Expense account will be debited as is the norm but the account that will then be credited is the Utilities Payable account which is a current liability.
Options for this question:
(Select all that apply.)
- a debit to Prepaid Expense - Utilities
- a debit to Utilities Expense
- no journal entry
- a credit to Utilities Payable
- a credit to Cash
Find out more on recording expense payables at brainly.com/question/16781277
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Well social disorganization could lead to Lee's loyalty people or follower and with out an organization things or people aren't put to play e which can lead them to think they can do what ever they want whenever
Answer:
it helps them focus on the most important issues
Explanation:
Economics helps the managers with respect to direct, non-direct cost and their benefits
So as per the given situation it would help in focused on the most significant issues
Thus, the first option is correct
And the rest of the options are wrong
So the same is to be considered and relevant
