Answer:
Journal Entries
Dr. Cr.
Sale of Merchandise
a. Account Receivable $4,240
Sales $4,000
Sales Tax Payable $240
Cost of Goods Sold $2,360
Merchandise Inventory $2,360
b. Payment of Sales Tax
Sales tax Payable $42,110
Cash $42,110
Explanation:
Sales of Merchandise increase the account receivable and tax liability as well. Inventory has been reduced by the cost of merchandise.
Tax is paid and sales tax liability is reduced along with cash.
Government purchases include government spending on the following:
- Infrastructure projects
- Paying the civil service and public service employees
- Buying office software and equipment
- Maintaining public buildings.
<h3>What is government spending?</h3>
Government spending is classified as follows:
- Mandatory spending
- Discretionary spending
- Payment of interest on debts.
Thus, government purchases include government spending for the <u>purchase of goods and services</u>.
Learn more about government spending at brainly.com/question/25125137
Hello,
I believe your answer would be "two strengths one threat"
Thanks,
The answer is <span>convergent adaptation
</span><span>convergent adaptation refers to a situation when individuals from different lineages develop a similar feature for the purpose of survival. For the most part, this phenomenon is caused ecause both individuals are also exposed to similar external stimulus
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Answer:
Option B- He acted in good faith.
Explanation:
The person who is trading with the other party owes the duty of care which is well stated in the negligence act. However in this case we saw that though the law was unclear but still the CEO acted in best interest of the public at large by consulting the attorney to shed light on the issue. Remember law is ethically minimum that is desired but in this situation the CEO was committed to comply with law that's why he consulted attorney. So saying that he acted in good faith is the best defense in the court.
