Answer:
a. Debit Accounts receivable for $600
Explanation:
As Greasy catering company provided services but had not got the bill from the customer, it increases an asset. According to the revenue recognition principle, revenue has recognized whenever it is provided not when the cash is received. In that case, the journal entry to record the transaction is -
Accounts receivable (Debit) $600
Revenue (Catering) (Credit) $600
Accounts receivable is debit because the company owes the amount from the customers.
A. Money market through borrowing and saving by households and businessesB. Public sector through the mechanism of central planningC. Business sector through the mechanism of advertisingD.Private sector through the earning and spending of income
Private sector through the earning and spending of income
Answer: Option D.
<u>Explanation:</u>
A market economy is a monetary framework wherein the choices in regards to venture, creation and dissemination are guided by the value signals made by the powers of organic market.
The meaning of a market economy is one in which cost and creation is constrained by purchasers and dealers uninhibitedly leading business. A case of a market economy is the United States economy where the speculation and creation choices depend on organic market.
Answer:
letter A just my suggestion ☺️☺️
Answer:
require businesses in the country to both build cars and design electronics
Answer:
Empowering management style
Explanation:
In simple words, Empowerment relates to the idea in managing that if workers are provided knowledge, support and opportunities while at the identical moment being kept accountable for certain job performance, so they should be more efficient and have greater job fulfillment.
Empowerment is focused on the idea that it represents the willingness of workers to take over more responsibilities. Transformation managers are creating a community that appears motivated and self-directed
