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AlekseyPX
2 years ago
11

Money is: multiple choice any good that buyers and sellers have a desire to purchase, use, or hold. anything that both buyers an

d sellers will accept in exchange for goods and services. the gold and silver behind the currency and the coins that are issued by the government. only the printed paper currency and the coins that are produced by the government.
Business
2 answers:
marysya [2.9K]2 years ago
8 0

Answer:

Money is: any good that buyers and sellers have a desire to purchase, use, or hold. only the printed paper currency and the coins that are produced by the government. anything that both buyers and sellers will accept in exchange for goods and services. the gold and silver behind the currency and the coins that are issued by the government.

Explanation:

if it is helpful..... plzz like and follow

Nataliya [291]2 years ago
8 0

Answer:

Money is: anything that both buyers and sellers will accept in exchange for goods and services

Explanation:

Money is not a good to be desired, but is a representation of value.  Money is anything that is accepted as payment for goods or services or as repayment of debt. According to economists, money refers to something beyond just paper bills and coins. It is a medium of exchange, unit of account  and store of value. Money can be used to transport purchasing power from one time period to another.

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Who sets the minimum wage in ct
Bogdan [553]

Answer:

governor lamont  

Explanation:

i think but im not too sure

6 0
3 years ago
Suppose the given supply and demand tables reflect the supply and demand for milk per week. At a price of $1, there is a:Price(p
Musya8 [376]

Answer:

B. shortage of 1,000 gallons per week

Explanation:

Price = $1

Quantity demanded = 2,000

Quantity supplied = 1,000

Shortage = Quantity demanded - Quantity supplied

= 2,000 -1,000

= 1,000 gallons per week

Therefore, As per question Quantity demand that is 2,000 and quantity supplied that is 1,000. So, in this given case the Quantity demand is more than the quantity supplied.

Hence, there is shortage of 1,000 gallons per week.

5 0
3 years ago
What is the difference between intra departmental communication and interpersonal departmental communication
natima [27]

Answer:

Difference between intra departmental communication and interpersonal departmental communication

Explanation:

Intra means within , Inter means between

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Interpersonal departmental communication means communication (exchange of information) between people, from different departments in an organisation.

5 0
2 years ago
Samson, Inc. reported the following information for the​ year: Service Revenue $ 40 comma 000 Operating Expenses 24 comma 000 Ne
agasfer [191]

Answer:

$2.29

Explanation:

The units cost per service is the ratio of the total operating expense to the total number of services provided during the year. Given that the Operating Expenses 24 comma 000 and the  Number of Services Provided for the Year 10 comma 500,

the unit cost per​ service

= $24,000/10,500

= $2.285714286

To the nearest cents

= $2.29

6 0
2 years ago
Requirements
Stella [2.4K]

Journal entries:

Nov. 1, common stocks issued

Dr Cash 41,000

    Cr Common stock 41,000

Nov. 4, office supplies and furniture purchased

Dr Office supplies 1,200

Dr Furniture 2,300

    Cr Accounts payable 3,500

Nov. 6, service revenue

Dr Cash 2,100

    Cr Service revenue 2,100

Nov. 7, land purchased

Dr Land 27,000

    Cr Cash 27,000

Nov. 10, service revenue

Dr Accounts receivable 800

    Cr Service revenue 800

Nov. 14, payment of furniture

Dr Accounts payable 2,300

    Cr Cash 2,300

Nov. 15, wages expense

Dr Wages expense 1,470

    Cr Cash 1,470

Nov. 17, collection of accounts receivable

Dr Cash 500

    Cr Accounts receivable 500

Nov. 20, service revenue

Dr Accounts receivable 680

    Cr Service revenue 680

Nov. 25, received cash in advance

Dr Cash 1,900

    Cr Unearned revenue 1,900

Nov. 28, service revenue

Dr Cash 3,100

    Cr Service revenue 3,100

Nov. 29, purchase prepaid insurance

Dr Prepaid insurance 840

    Cr Cash 840

Nov. 30, wages expense

Dr Wages expense 1,470

    Cr Cash 1,470

Nov. 30, rent expense

Dr Rent expense 650

    Cr Cash 650

Nov. 30, utilities expense

Dr Utilities expense 650

    Cr Accounts payable 650

Nov. 30, dividends distributed

Dr Retained earnings 2,800

    Cr Dividends payable 2,800

Dr Dividends payable 2,800

    Cr Cash 2,800

Since there is not enough space here, I prepared an excel spreadsheet with the T-accounts.

In order to prepare a trial balance sheet, I must first prepare an Income Statement:

Service revenue              $6,680

Wages expense             ($2,940)

Rent expense                   ($650)

<u>Utilities expense              ($650)</u>

Net income:                    $2,440

Retained earnings = $2,440 (net income) - $2,800 (dividends) = ($360)

        STEWART CO.

     BALANCE SHEET

       NOV. 30, 2018

Assets:

Cash $12,070

Accounts receivable $980

Prepaid insurance $840

Office supplies $1,200

Furniture $2,300

Land $27,000

Total assets: $44,390

Liabilities and stockholders' Equity:

Accounts payable $1,850

Unearned revenue $1,900

Common stock $41,000

Retained earnings ($360)

Total liabilities and stockholders' equity: $44,390

Download pdf
8 0
3 years ago
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