<u>Answer:
</u>
The given chart shows the link between interest in a product and the price a consumer pays.
<u>Explanation:
</u>
- The more the interest a person has in a product, the more willing he is to pay any demanded price for the product.
- On the other hand, if a person is not at all interested in a specific product, he would not buy it even if it is available at the cheapest price in the market.
Answer:
b. credit to Rent Revenue of $3,200
Explanation:
Cash collected in advance results in the the creation of an asset and a liability. Hence a debit to cash account and a credit to deferred revenue. When the revenue is earned, it is recognized as a credit to revenue and a debit to deferred revenue with the amount earned.
Amount earned as at December 31
= 1/3 × $9,600
= $3,200
Entries required
Debit Deferred Rent revenue $3,200
Credit Rent Revenue $3,200
Being entries to recognize revenue earned as at December 31
I would say “ This used car only has 100,000 miles on it, so it is quite the steal.” sorry if this isn’t right but I hope that helped
When the police arrest someone, they take away that person's fundamental right to freedom. Consequently, there are several procedures the police must follow before they can make a legal arrest so that our rights remain protected. This article has some information about the general requirements police must meet before making an arrest.
<span>The Government uses the budget system to determine the allocation of resources among its major functions such as ensuring the national defense, promoting commerce, and providing health care as well as to determine the objectives and scope of individual programs, projects, and activities. I guess that is what youre asking for?</span>
