Answer:
A. His sending note was a thoughtful gesture
Answer:
The answer is Expenses when the fund uses goods or services.
Explanation:
A proprietary fund is used in governmental accounting to account for activities that involve business-like interactions, either within the government or outside of it.
The required financial statements for a proprietary fund are as follows:
Statement of net position,
Statement of revenues, expenses, and changes in fund net position
Answer: fall; rise
Explanation:
A natural monopoly is a form of monopoly that has a high cost, huge capital base and also a strong economies of scale.
If the government decides to regulate a natural monopoly by forcing them to produce at a point where the natural monopoly's demand curve intersects average cost.
This will lead to a fall in price and there will be a rise in quantity when compared to the natural monopoly if it were allowed to operate unregulated."
Answer:
Explanation:
Crowdfunding can be regarded as a way in which businesses can raise funds through the contribution of large number of people to the project.
SPEED AND ACCESSIBILITY
Crowdfunding helps the entrepreneur/ Businesses to get the necessary capital without passing through arduous process involving in loan collection, and this is good for small and medium companies that doesn't have enough creditworthiness in taking loan. As far as crowdfunding is concerned, no special qualifications involved in starting a crowdfunding campaign, within some hours ones page can be outlined and make visible to crowdfunding platform’s audience. There is no hunt down of specific venture capitalists.
The following are the adjusting entries:
- Wages Expense 8000
Wages Payable 8000
- Depreciation Expense – Equipment 18000
Accumulated Depreciation – Equipment 18000
- Office Supplies Expense 5000
Office Supplies 5000
- Insurance Expense 2800
Prepaid Insurance 2800
- Interest Receivable 1050
Interest Revenue 1050
- Interest Expense 2500
Interest Payable 2500
