Answer:
This journal entry is incorrectly recorded making the company's net income decrease in its income statement, retained earnings are decreased in its retained earnings statement, and its assets (receivable account) and the equity of its shareholders both decrease in your balance sheet
Explanation:
The right Journal entry is:
D Account receivable 15000
C Revenue 15000
Answer:
Which of the following is true of online "member communities"?
a. More than 90% of the online population visits such communities.
b. Such sites are only accessible from desktop computers.
c. Membership in member communities is growing faster than e-mail.
d. Membership in member communities is declining.
Explanation:
It is true that more than 90% of the online population visits online 'member communities', since they have become a necessity in today's business world. People can interact with others and share their experiences with each other.
There are different kinds of market. The option that is not a reason perfect competition is a useful simplification, despite the diversity of market types we find in the world is that;
- There are many buyers and many sellers in all types of markets.
<h3>What leads to perfect competition?</h3>
Firms are known to be in perfect competition due to;
- When many firms produce identical products.
- When there are plenty buyers available to buy the product, and and also plenty sellers are available to sell the product, etc.
Firms are said to be in perfect competition when a lot of firms produce the same type of products and also these firms can do business in the market without any kind of restrictions.
Learn more about perfect competition from
brainly.com/question/1051446
Answer:
The correct answer is letter "A": higher employment, higher output, and a higher price level.
Explanation:
Expansionary policy is a macroeconomic concept that focuses on expanding the economy to counteract cyclical downturns. Expansionary policies can be used through monetary policy to expand the money supply or to increase government expending and tax cuts to stimulate the economy. Under this scenario, interest rates are lower and aggregate demand increases. In that case, employment, output, and price level will be higher. Though, the latter is dangerous since it could lead to high inflation.
