Answer:
 Record of transaction is given below
Explanation:
given data 
Selling price of goods =  $900
Cost of goods sold = $590 
solution
we get here Record of transaction in Rita Company that is 
Inventory accounts   Dr   $900
Account payable    Cr      $900
and
Record of transaction in Linus Company is 
Account receive able  Dr  $900
Sales revenue              Cr  $900
and 
Cost of goods sold    Dr   $590 
Inventory                    Cr    $590 
 
        
             
        
        
        
A Joint Venture is the type of network that the private oil company and the government should set-up to manage the project. In other business terms, joint venture between a private and a public entity is also known as a Public-Private Partnership. It holds both parties responsible for the tasks to be delivered at hand. There are contracts and agreements between the two parties to be made in order for the project to work and become successful.
        
                    
             
        
        
        
Answer:
Shortage: there is more demand than there is at the equilibrium price. There is also less supply than there is at the equilibrium price, thus there is more quantity demanded than quantity supplied.
Your pretty much short in supply and cant fulfill the demand
While surplus
 When a price floor is set above the equilibrium price, quantity supplied will exceed quantity demanded, and excess supply or surpluses will result.
Theirs a a large amount of supply due to the pricing most likely beign high
Explanation:
 
        
             
        
        
        
Answer:
Medium of exchange
Explanation:
Fresh fish is not an effective form of money. Fresh fish lacks medium of exchange, which makes it ineffective.
 
        
             
        
        
        
Answer:
The correct answer is B. $1,800.00
Explanation:
LIFO Perpetual table is attached. 
The table shows purchases, sales and balance of each period. 
As the final inventory is 120 units, we suppose the sales of the year.  Applying LIFO,  our ending inventory cost is 120 units, each one at $15 
So,  total cost is $1800 (120* 15)