The cost of adding more options. Supply and demand: would the students want to have salad for lunch, or would it go to waste?
Answer:
Dr Cash (3,000)
Cr Deferred Revenue (4,000)
Cr Service Revenue (Clinic) (7,000)
Explanation:
Preparation of the appropriate journal entry
Since we were told that kayakers pay the sum of $3,000 at $150 each, by adding to the $4,000 that was already paid in advance on July 30 this means we have to record the transaction by Debiting Cash with the amount of (3,000); Crediting Deferred Revenue with the amount of (4,000) and Crediting Service Revenue (Clinic) with the amount of (7,000)
Note that the credit side of the transaction which is Deferred Revenue of 4,000 -Service Revenue (Clinic) of 7,000 will give us (3,000)
Journal entry
Dr Cash (3,000)
Cr Deferred Revenue (4,000)
Cr Service Revenue (Clinic) (7,000)
The correct answer is allocates resources efficiently and allows economic freedom.
The market system of economics is one where economic decisions and the pricing of goods and services are guided solely by supply and demand and there is limited to no government interaction in the economy. Because of this, two major virtues of the market system are that it allocates resources efficiently and allows economic freedom.
Answer:
That statement is false.
Explanation:
Listening used to obtain specific information or understand a message is called informative listening. Example of this would be when you pay attention closely to your teacher in the class in order to understand a certain topic.
Reflective learning is a form of learning that being done in order to evaluate the materials and learning process that they've covered in the past. Example of this would be when students are analyzing whether the current learning process that they implement reflected positively in their test scores.
Answer:
venture capital
Explanation:
A venture capitalist is a person or company that provides start-up funding in return for a share in the company's ownership.
