Answer: Price Ceilings
Price Ceilings are usually controlled by the Government and their main use is to keep prices up. Sometimes a customer will switch to other goods and that person that wants there item bought the price will get lower to attract more customers. In this case, they want to keep the prices from falling - therefore, it would be Price Ceilings.
C. Industry Description
Industry description should include information about the market, target customers, similar businesses, and future industry growth opportunities
Romeo sees Juliet on the balcony when he is in Capulet’s garden. It’s his first encounter with her after the party.
Answer:
B. Accounts Payable 20,000 Purchase Discounts 800 Cash 19,200
Explanation:
The journal entry is shown below:
Account payable Dr $20,000
To Purchase discount $800 ($20,000 × 4%)
To Cash $19,200
(Being the payment is recorded)
While recording this transaction we debited the account payable as it reduced the current liabilities while at the same time it also reduced the asset so we credited it and along with it the purchase account is also credited
Answer:
A. Both are provided by your employer at the employer’s expense.
Explanation:
Disability insurance is a type of insurance that covers a worker providing a source of income in an event that the worker would not be able to continue work as a result of a disability. Employers usually offer disability insurance for their employees.
Life insurance is a type of insurance in which the insurance company pays a beneficiary a death benefit upon the death of an insured person. Employers usually offer disability insurance for their employees.