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3 years ago

Which of the following indicates at least two accounts are affected by a transaction?

Business

1 answer:

makvit [3.9K]3 years ago

3 0

Answer:

Double-entry system

Explanation:

The double-entry system is a book-keeping technique that records all transactions in at least two accounts. No upper boundary is set for the number of accounts that a transaction can be recorded. In double-entry accounting, each account has two columns, debit on the left and credit on the right side.

The concept of a double-entry accounting system is based on the fact that any transaction increases or decreases one side of the accounting equations and simultaneously decreases or increases the opposite side. The debit side must match the credit side for the account to balance.

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Answer:

- it is the result of the core collapse of a low-mass star that sheds its outer layers.

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Explanation:

because its right, alright.

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3 years ago

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Fittoniya [83]

False because is not to be included

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2 years ago

On January 1, 20X1, the Moody Company entered into a transaction for 100% of the outstanding common stock of Osorio Company. To

Paha777 [63]

Answer:

B. $1,760

Explanation:

Given that:

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3 years ago

Langston will pay $575 to three different credit cards: Expert Card, Passport, and US Speedy. She will pay three times as much t

Gre4nikov [31]

Answer:

$75

Explanation:

Let, the payment made towards US Speedy credit card be 'U'

Therefore,

According to the question:

Payment made towards Express credit card, E = 3U

Total for the two cards = U + E

= U + 3U

= 4U

also,

Payment made towards passport credit card = 15% of 4U

= 0.15 × 4U

= 0.6U

Given: Total payment made = $575

Therefore,

E + U + 0.6 U = $575

3U + U + 0.6U = $575

4.6U = $575

U = $125

Hence,

Payment made towards passport credit card = 0.6U

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2 years ago

n monopolistic competition, each firm's markup ______ that in perfect competition, and the price is ______ than in perfect

CaHeK987 [17]

Answer:

The correct answer is option B.

Explanation:

In a monopolistic market, the markup of each firm is higher than that of a firm in perfect competition. Price is higher as well. The firm in perfect competition is a price taker. The price is determined by the market forces. While, on the other hand, in a monopolistic market the firm is price maker. The price is determined by the interaction of marginal revenue and marginal cost.

Perfect competition has both productive as well as allocative efficiency. So the output produced in perfect competition is higher.

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3 years ago