Answer:
A commercial bank is a type of bankthat provides services such as accepting deposits, making business loans, and offering basic investment products that is operated as a business for profit.
Economists call this the law of demand. As the price of a product increases, the quantity demanded decreases (but the demand itself remains the same). If the price falls, the quantity demanded will increase.
Resource Prices – Rising resource prices lead to a decrease in supply or a leftward shift in the supply curve. Falling resource prices lead to an increase in supply or a rightward shift in the supply curve.
An increase in demand shifts the demand curve to the right and a decrease in supply shifts the supply curve to the left.
A decrease in demand leads to a decrease in the equilibrium price. Less quantity to deliver. An increase in supply leads to a product decrease in the equilibrium price, all other things being equal. Demand increases.
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Answer and Explanation:
The Journal entry is shown below:-
Carter's Capital Dr $600,000
To Able's Capital $450,000 (3 ÷ 4 × $600,000)
To Baker's Capital $150,000
(Being Carter’s withdrawal from the partnership is recorded)
For recording this we debited the carter capital as it shows the withdrawn amount and credited the able capital and baker capital so that the total withdrawn collected from these partners could come
Infrastructure are buildings and facilities that support and serve the society. (Electric grids, sewer systems, roads, airports, railroads, etc.)
Answer:
$55,000
Explanation:
we must determine the total budgeted manufacturing cost per unit = direct materials per chair x direct labor per chair + variable manufacturing overhead cost per chair = $60 + $30 + $20 = $110 per unit
total budgeted sales = 500 units sold in January
budgeted cots of goods sold = 500 units x $110 per unit = $55,000
