Answer:
1. True
2. a & c
3. b
4. a, b & c
5. a, b & c
Explanation:
When you feel interested in math, it's likely accounting is suitable for you.
please read more articles about accounting in these links
https://www.accountingcoach.com/accounting-principles/explanation
https://studymoose.com/foundational-accounting-principles-and-terminology-essay
https://www.edx.org/course/management-accounting-acca-fma-f2-x-8
Answer:
Correct answer is:
Debit Salaries Expense $840
Credit Salaries Payable $840
Explanation:
2 employees each paid at $ 210 per day so daily salary expense is $210*2 = $420.
The accounting period ends on Tuesday and both employees work for Monday and Tuesday so the 2 days salaries expense is $420*2= $840.
As the salaries are paid on every Friday so there is a liability on a company for the 2 days salary payable to be recorded on accounting period close date i.e Tuesday.
B clothing, entertainment, and health care
Answer:
Explanation:
It's A and that's a very good definition, except I believe you lost a word. I think it should be a specific commodity or stock or bond at a specified date ...
Answer:
Inside the Production Possibility Frontier.
Explanation:
PPF is a curve that shows the various combination of 2 goods that an economy produces when resources are fixed. Thus, any point or bundle inside the production possibility frontier shows inefficiency in the production while the point on the production possibility frontier shows the efficient production from the available resources. But, the point outside the PPF exhibits a non-achievable point.
