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True [87]
2 years ago
6

When the economy is at equilibrium, a) inventories must equal zero. B) there are no leakages. C) leakages equal aggregate demand

. D) leakages equal injections
Business
1 answer:
jeyben [28]2 years ago
6 0

Answer:D) leakages equal injections

Explanation:

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Managerial accounting differs from financial accounting in several areas. Specify whether each of the following characteristics
ANTONII [103]

Answer:

A is not Managerial accounting the correct answer is  Financial accounting

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3 years ago
On January 1, 2016, Hess Co. purchased a patent for $1,904,000. The patent is being amortized over its remaining legal life of 1
levacccp [35]

Answer:

$1,305,600

Explanation:

Date of acquisition = Jan, 1 2016

Cost of purchase = $1,904,000

Initial useful life - 15 years

Initial amortization - 1904000/14

= $126,933

Date of review of amortization policy -2019

Accumulated amortization before 2019 -126,933.33*3=380800

Remaining useful years at December 2019 7

Amortization in 2019 =1904000-380800/7 =217,600

Carrying value at December 2019 = 1904000 - (380800 +217600) =1305600 Please note that change in amortization policy can only be applied progressively and not retrospectively

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3 years ago
I’m ancient times, memory was a vital component in public speaking because?
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Rhetoric was the primary element of composition and speaking speech delivery in classical Greece and Rome, both of which were essential abilities for individuals to utilise in both ancient public and private life.

Citizens in ancient Greece spoke for themselves rather than having experts, such as modern lawyers, speaking on their behalf. One can better understand the present by studying history. Consider studying ancient history if you're interested in learning how the art of public speaking has changed over time. About 2,500 years ago, in ancient Athens, public speaking was invented. Men were expected to speak as part of their civic responsibilities, which included doing so in legislative bodies and in court.

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1 year ago
What is Advertising , according to the American Marketing Association​
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American Marketing Association recognizes the term advertising as – any paid form of non- personal presentation and promotion of ideas, goods and services by an identified sponsor. ... Advertising is a non-personal form of communication because it uses mass media forms.

5 0
2 years ago
Sampson Co. sold merchandise to Batson Co. on account, $46,000, terms 2/15, net 45. The cost of the merchandise sold is $38,500.
Wewaii [24]

Answer:

Sampson Company

Dr Accounts Receivable -Batson Co.45,080

Cr Sales 45,080

Dr Cost of Merchandise Sold38,500

Cr Merchandise Inventory38,500

Dr Cash 45,080

Cr Accounts Receivable-Batson Co.45,080

Batson Company

Dr Merchandise Inventory45,080

Cr Accounts Payable - Sampson Co.45,080

Dr Accounts Payable -Sampson Co.45,080

Cr Cash45,080

Explanation:

Preparation of the Journal entries for both Sampson and Batson Companies would record

Based on the information given we were told that Sampson Company sold merchandise to Batson Company At the amount of $46,000 with 2/15 term while the merchandise was sold at the amount of $38,500 and since we are Assuming that both of them uses a perpetual inventory system this means the transaction will be recorded as:

Journal Entries for Sampson Company

Dr Accounts Receivable -Batson Co.45,080

Cr Sales 45,080

(2%*46,000=920)

(45,000-920=45,080)

Dr Cost of Merchandise Sold38,500

Cr Merchandise Inventory38,500

Dr Cash 45,080

Cr Accounts Receivable-Batson Co.45,080

Journal Entries for Batson Company

Dr Merchandise Inventory45,080

Cr Accounts Payable - Sampson Co.45,080

(2%*46,000=920)

(45,000-920=45,080)

Dr Accounts Payable -Sampson Co.45,080

Cr Cash45,080

(2%*46,000=920)

(45,000-920=45,080)

6 0
3 years ago
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