Answer:
A)
1. Dr Cash 400
Cr Equipment 400
Dre Wages expense 400
Cr Cash 400
2. Dr Service revenue 550
Cr Cash 550
Dr Cash 5,500
Cr Service revenue 5,500
3. Dr Accounts payable 260
Cr Equipment 260
Dr Equipment 620
Cr Accounts payable 620
B)
1. Dr Wages expense 400
Cr Equipment 400
2. Dr Cash 4,950
Cr Service revenue 4,950
3. Dr Equipment 360
Cr Accounts payable 360
I would invest in building my own house. This is appealing to me because I want to raise a family in a nice house that I have built.
Answer:
To combat decreasing marginal utility.
Explanation:
<span>The consumer surplus is $9,237,704,920</span>