Answer:
The correct answer is: decrease in demand.
Explanation:
The equilibrium price and quantity are determined through the intersection of demand and supply curves.
An increase in demand will cause the demand curve to move to the right. This will cause both the price level as well as quantity to increase.
A decrease in supply will cause the supply curve to shift to the left. This will cause the price to increase and quantity to decline.
A decrease in the demand curve will cause the demand curve to shift to the left. This will cause the price as well as quantity to decline.
Answer:
The answer is D, hope this helped!
Explanation:
The answer is D because its a realistic thing to have bills and sometimes you have to take risks or youll have nothing. <3
Answer:
A) Debit of $1,445
Explanation:
Closing entries refers to the balance statements that are entered at the end of an accounting period in order to transfer the temporary account balances into permanent accounts. Based on the balances listed in the question it can be said that the closing entry to retained earnings will be Debit of $1,445. This refers to money going out of the account and can be calculated by adding all the revenue to the account and subtracting the expenses leaving $ - 1,445 thus being debit.
Answer:
Dr. Investments in Associates 250,000
Cr. Cash 500,000
Dr. Cash 10,000
Cr. Investments in Associates 10,000
Dr. Investments in Associates 50,000
Cr. Investment revenue 50,000
Explanation:
The equity method is a type of accounting used to incorporate investments. It is used when the investor holds significant influence over the investee but does not exercise full control over it.
An investor is deemed to have significant influence over an investee if it owns between 20% to 50% of the investee’s shares or voting rights.
- Jolley receives dividends of $10,000, which is 25% of $40,000, and records a reduction in their investment account. The reason for this is that they have received money from their investee.
- Jolley records the net income from Tige Co. as an increase to its Investment account.
