Answer:
True
Explanation:
Revenue accounts are accounts were entries of the sales of products as well as the revenue generated by firm or company are properly recorded.
Expense accounts are accounts where that show us the expenses generated by a firm or company. Such expenses are the things the company spends money on which could be purchase of raw materials, payment of labour, repairs of machineries e.t.c.
An accounting period is a duration of time where accounts in a firm or company are balanced and closed for that period.
Revenue and expense accounts must be closed out because their balances apply to only one accounting
period.
<span>The level of maintenance that involves preventive and corrective procedures which are intended to restore equipment to a mission-capable status is the D - level maintenance. The FRC is a place whereby these kind of maintenance is being held. They are the ones who ensure that the transportation vehicle is still capable to operate such as checking their operation systems, maintenance, improvement and sampling.
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Answer:
Fewer merchants would be willing to supply textiles.
Explanation:
Price ceilings are the maximum price that is set for commodities in a particular market by the government. It is aimed at protecting buyers from excessive price exploitation by sellers.
In the given scenario the price of commodities was set at 5% above fixed price of local communities. This means sellers can make a maximum of 5% on any sale.
However severe weather rendered the textile market more uncertain.
The result will be that sellers will be less willing to provide commodities as they are not able to push the added cost to the buyer.
The correct answer is B; Specialty store.
Further Explanation:
Since the client hired a pet industry consultant you can guess that the store is about pets. The market analysis and trend report will show how much stores with pet supplies makes per month/year.
The client is opening their first store and will not want to open a superstore right out of the gate. Since they will not be known to many and it is worded like it an individual opening the store by themselves.
A category killer store is a like a franchise or chain store. For example, a Home Depot or PetSmart. The client will not want to do this either since it takes a lot of capital and lengthy process to achieve.
The client will want to go with a specialty store to build up a customer base and focus on the items they want to bring to new customers. A specialty store will bring in the clientele that they are targeting. The specialty store will have items that larger stores do not have and can carry homemade items also.
Learn more about specialty stores at brainly.com/question/11950122
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<span>The main economic activity in most low-income countries is agriculture. Agriculture refers to breeding </span>animals to provide food and farming for different type of food and fiber. Those that live and work in low-income countries do a lot of farming to feed and produce items for their economy.
