<span>The possible journal entry that would be in Truman's tracking inventory would be:
Cash
4,171
Sales discounts
129
Accounts receivable
4,300
This is because the amount of 5,800 had a credit or an excess amount. Originally the costs of the items are 4,000 and it happened to be increased using the 2/10 and n/30 method of the calculation.</span>
Answer:
False because the interest rate depends upon the economic conditions of the country and also on the risk associated with the company, its capital structure and credit risk. Yes it does depend on the finance required to fund the projects and investments but it does not relates to the interest rate. Because provision of large amounts of funds is riskier for the lenders, plus there are many other factors like duration of loan, profitability, etc that measures the creditworthiness of the client which tells us whether or not the client is able to payback the loan along with its interest or not. So the statement is false.
Two causes of an increase in the quantity of labour are:
- more favourable labour laws
- an increase in immigration into a country.
<h3>What are the causes of an increase in the quantity of labour?</h3>
When the quantity of labour increases, it means that the labour available in the labour market has increased. An increase in the quantity of labour is sometimes a positive indicator because it means that more production activity can be undertaken.
When a government enacts favourable labour laws, it encourages discouraged workers to re-enter the labour force. For example, if the government increases the minimum wage, more people would be encouraged to work.
Also, immigration increases the quantity of labour. Immigration is when people move from one country to another.
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Answer:
$36,000
Explanation:
Given that,
Book value of the equipment given up = $40,000
Fair value of the equipment given up = $27,000
Cash paid = $9,000
Hence,
Value of pickup trucks:
= Fair value of the equipment given up + Cash paid
= $27,000 + $9,000
= $36,000
Therefore, the amount of $6,000 will Calaveras value the pickup trucks.