Answer:
The correct journal entry for the sale of electronic component is option E
Explanation:
Notes Receivable A/c................Dr $7,800
Sales A/c..................................Cr $7,800
On sale of the electronic component, the company received notes receivable so any increase in asset is debited. Therefore, notes receivable is debited with the sale value or amount. And made a sale account so the sale account is credited.
Answer:
See below ~
Explanation:
Filled in the attachment.
Credit limit refers to the maximum amount of credit a financial institution extends to a client through a line of credit as well as the maximum amount a credit card company allows a borrower to spend on a single card.
Answer: leading indicator showing that economic activity is going to increase
Explanation:
From the question, we are informed that a review of major newspapers across the United States showed that "help wanted" advertisement lineage has been decreasing.
This simply means that there's going to be an increase in the economic activity. This is due to the reduction in "help wanted" as it seems many individuals can now meet their needs. This will have a positive effect on the economy.
