Answer:
B) Debit Retained Earnings $36,000; credit Common Stock Dividend Distributable $30,000; credit Paid-In Capital in Excess of Par Value, Common Stock $6,000.
Explanation:
The journal entry is as follows:
Account Debit Credit
Retained Earnings $36,000
Common Stock Dividend Distributable $30,000
Paid in Capital in Excess of Par Value $6,000
Answer:
5) In 2018, DDT was the most widely used agricultural pesticide in the US
Explanation:
DDT (dichloro-diphenyl-trichloroethane) was a synthetic agricultural insecticide that was banned in 1972. It was extremely dangerous and poisonous to both humans and animals (insects also but that was its function). It had been used as an insecticide since 1939, and for many years it was one of the most widely used pesticides.
Debit Advertising expense $400, credit accounts payable 400.
Answer: I honestly have no idea im just stupid and i need points so yea im sry bye
Explanation:
Answer:
The correct answer is option A.
Explanation:
A decrease in the demand for a product will cause the demand curve to shift to the left. At the same time, an increase in the supply of the product will cause the supply curve to shift to the right.
In such a situation the change in the equilibrium quantity cannot be predicted. It depends on the magnitude of change in demand and supply.
If the proportionate decrease in demand is more than the increase in the supply of the product, the equilibrium quantity will decrease.
If the increase in supply is more than the decrease in demand, the equilibrium quantity will increase.
If the proportionate increase in supply is equal to a proportionate decrease in demand, the equilibrium quantity will remain the same.
