Answer:
A. Received cash by issuing common stock
Debit: Cash
Credit: common stock
B. Received cash for services to be performed in the future.
Debit: Cash
Credit: unearned revenue.
C. Paid salaries payable
Debit: salaries payable
Credit: cash
D. Provided services on account.
Debit: accounts receivable
Credit: service revenue
E. Paid cash for operating expenses
Debit: operating expenses
Credit: cash
Explanation:
A. Received cash by issuing common stock
Debit: Cash
Credit: common stock
B. Received cash for services to be performed in the future.
Debit: Cash
Credit: unearned revenue.
C. Paid salaries payable
Debit: salaries payable
Credit: cash
D. Provided services on account.
Debit: accounts receivable
Credit: service revenue
E. Paid cash for operating expenses
Debit: operating expenses
Credit: cash
Answer: After price ceiling is implemented a shortage supply exists if the price ceiling is below the market price
Explanation:
price ceiling is wen the government imposes the maximum price that should be charged for a good or service. The effects of price ceiling depends on whether government sets the maximum price that should be charged for a good or service below or above the market price,
if the government sets the price above the market price, price ceiling will not affect the market, however if the the government sets the price below the market price price ceiling will cause changes in the quantity demanded and quantity supplied.
Please refer to the attachment, in the attachment we see a market that is in Equilibrium and operating efficiently at price P' and Quantity demanded and supply is Q'. when government sets price ceiling below the market price (below P') the quantity demanded will increase to Qdem while quantity supplied decreases to Qsup. This will cause a shortage in the market because quantity demanded is higher than quantity supplied thus creating a Dead weight loss labelled by " DWL "
Answer:
Current Ratio = 1.5
Working Capital = $2,000 million
Explanation:
Current Ratio = Current Assets / Current Liabilities
= ($1,200 + $1,500 + $2,000 + $1,300) / ($1,000 + $3,000)
= $6,000 / $4,000
= 1.5
Working Capital = Current Assets - Current Liabilities
= $6,000 million - $4,000 million
= $2,000 million
The five major responsibilities of storage management of OS are
1. Process isolation: OS should be able to secure the individual nature of the memory by not letting it interfere with other memory.
2. Automatic allocation and management: Memory allocation should be done automatically based on the hierarchy and the allocation should be transparent and visible to the owner.
3. Modular Programming Support: Through the memory the module of the program and application must be defined by programmers.
4. Protection and access control: This one refers to the allotment and sharing of the memory at all level of hierarchy and making the program able to use the memory of the other program.
5. Long-term storage: This is the basic need of many programs developed by the programmers.
Answer:
Techno won and dream lost so which means dream lost his dreams on being the best and techno won his dreams on being the best!
Explanation:
