Answer:
The correct answer is option A.
Explanation:
In the study of economics, all the available resources are considered to be scarce. But the shortage is referred to the situation in the market where the quantity demanded is more than the quantity supplied at the current market price.
If the quantity supplied is more then the situation is referred to as surplus. Equilibrium is achieved when both quantity demanded and supplied are equal.
Answer:
Correct option is (a)
Explanation:
Adjusting journal entries are passed before financial statements are prepared to so as to confirm if revenue recognition and matching principles are complied with. Adjusting entries are required to be passed if transactions is spread over multiple financial periods. For example, adjusting entry is passed if goods are received this year but payment will be made next year.
Before income statement and balance sheet is prepared, these entries are passed. Thereafter, adjusting trial balance is prepared and finally financial statements are prepared.
The answer to the following question:
<span>How does the point of view used in "Battling the Digital Jolly Roger" differ from "The Completely Free Market" and affect the reliability of the article? A. The author uses first person, and conducts interviews with the CEOs of the major Internet companies, which offers a different perspective on the issue. B. The author uses first person, having helped to write SOPA, defending his or her position on why online piracy must be stopped. C. The author uses third person, but includes some first person interviews, which gives the reader a variety of opinions to choose from. D. The author uses third person, objective, presenting facts, which makes the article more reliable.
is:
</span>B. The author uses first person, having helped to write SOPA, defending his or her position on why online piracy must be stopped.
Answer:
national employment. Employment created and provided by a national employer, business, company, enterprise, organization or national unity government in various areas of a country. National employment is a vital part of an economic system.
Explanation:
Types of employment
Full-time and part-time employees.
Casual employees.
Fixed term and contract.
Apprentices and trainees.
Commission and piece rate employees.
Answer:
<u>Ebony Interiors</u>
<u>Balance Sheet as at February 28, 20Y3</u>
Total Assets $1,150,000
Total Liabilities $310,000
Total Equity $840,000
Total Equity and Liabilities $1,150,000
