Answer:
If the money supply is MS2 and the value of money is 5, then the quantity of money
a. demanded is greater than the quantity supplied; the price level will rise.
Explanation:
If the money supplied is greater than the quantity demanded; the price level will fall. The quantity theory of money, popularized by Irving Fisher but developed by John Maynard Keynes, states that the value of money is influenced by the forces of demand and supply. This theory implies that money supply and price level proportionally influence each other.
Answer:
$38,265
Explanation:
Beg RE = $29,825
Plus Net Income = $6,540
Minus Dividends = ($2550)
Plus New Stock = $4450
Ending RE = $38,265
Answer:
a. February 15, 20y9, supplies purchased on account
Dr 15-Supplies 2,250
Cr 21-Accounts payable 2,250
b.
Supplies Account N. 15
Date Particulars Journal Debit Credit Balance
ref. Debit Credit
2/11 purchase 1 2,250 2,250
c.
Accounts payable Account N. 21
Date Particulars Journal Debit Credit Balance
ref. Debit Credit
2/11 supplies 1 2,250 2,250
Answer:
En contabilidad, se denomina asiento contable al conjunto de anotaciones o apuntes contables que se hacen en el libro diario de contabilidad, que se realizan con la finalidad de registrar un hecho económico que provoca una modificación cuantitativa o cualitativa en la composición del patrimonio de una empresa.
