Problem 1: On April 01, 2016 Anees started business with Rs. 100,000 and other transactions for the month are: 2. Purchase Furniture for Cash Rs. 7,000. 8. Purchase Goods for Cash Rs. 2,000 and for Credit Rs. 1,000 from Khalid Retail Store. 14. Sold Goods to Khan Brothers Rs. 12,000 and Cash Sales Rs. 5,000. 18. Owner withdrew of worth Rs. 2,000 for personal use. 22. Paid Khalid Retail Store Rs. 500. 26. Received Rs. 10,000 from Khan Brothers. 30. Paid Salaries Expense Rs. 2,000 Required: Prepared general journal

The general ledger's expense account is debited for the sum of each expense column.

An organization employs a general ledger, which is a group of numbered accounts, to record its financial activities and generate financial reports. A unique record detailing a particular kind of asset, risk, equity, revenue, or expense makes up each account.

Accounts receivable, a commodity account, represents money owed to your business. Accounts payable refers to money that your business owes to creditors for expenses. Cash: Easily convertible assets held by your company, such as accounts and owner' equity.

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C: 'both hard and soft' types of credit inquiry may occur when renting an apartment or opening a checking or brokerage account.

Both hard and soft types of inquiry pull the same financial data but for different purposes. A hard inquiry is typically done when you apply for a credit card or loan; in contrast a soft inquiry is conducted to serve the purposes, such as pre-screening for credit card offers. Thus, in the context of the given question where the scenarios such as renting a house or opening a checking or brokerage account are given, both hard and soft types of inquiry may occur.

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Panelists scan their receipts using a home scanning device to provide consumer panel data, which is gathered during the test marketing phase of the launch of a new product.

Data from the consumer panel is acquired via surveys and the purchase receipts of the members. Attitudinal data, or how consumers feel and think about their needs and experiences when purchasing, is gathered through surveys.

Consumer panels enable firms to test products for reaction with less risk, as opposed to a full product launch, which demands a major resource investment. Information gathered may identify changes that are needed before a product is made accessible to a bigger market.

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True.

The business cycle consists of four main stages: expansion, peak, contraction, and trough.

While these stages always occur in the same order, the lengths of each stage can vary significantly depending on various factors such as economic policies, consumer demand, and global events.

It's essential for businesses and policymakers to understand these stages to make informed decisions and manage economic fluctuations effectively.

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Implicit costs are used by economists in analyzing of performance of the business.

In economics, an implicit cost, also known as an imputed cost, implied cost, or notional cost, is the opportunity cost equal to what a company must forgo in order to employ a piece of production that it already owns and so does not pay rent for. It is the antithesis of an explicit cost, which is paid for up front. In other words, an implicit cost is any expense that arises from using an item as opposed to renting it out, selling it, or using it in an other way. The phrase also refers to lost revenue by choosing not to work. Implicit costs also indicate the difference between accounting profit and economic profit (total revenues minus total costs, where total costs are the sum of implicit and explicit costs).

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Answer:

D. limits on the government's role in the economy.

Explanation:

Free market enterprise refers to the economic model where demand and supply forces determine the products and services in the market and their prices. In this model, sellers have the freedom to select what business they want to start. Buyers have the option of picking their preferred products or services from many competing suppliers.

In a free market enterprise like the USA economy, the government's role is limited to regulation. The government may get involved in the provision of essential services and public goods.  To a large extent, the free market economy is in the profit-motivated,  private sector.

Answer: D. Limits on the governments role in the economy

Explanation: I just took the test on a pe x

When participants in a supply chain who buy from and sell to one another do not agree on their objectives, responsibilities, or rewards, discord or vertical channel conflict results.

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The motivation task is incomplete unless salespeople's efforts are channeled in directions consistent with the overall strategic role of the salesforce within the firm.

The motivation task is considered incomplete unless the salespeople’s efforts are not in direction with the overall strategic role of the salesforce team in the organization. As motivation is considered very important for any business organization. Motivation is directly linked with efficiency of any organization. If the salesperson finds his job rewarding they would be motivated and their efficiency would be enhanced.

Motivation could be intrinsic or extrinsic. The salesperson who is intrinsically motivated finds the job quite rewarding, however the salesperson who is extrinsically motivated is basically motivated by the job rewards. Rewards are linked directly to attainment of objectives. Generating income is the main role of salesforce. The salesforce must work together and build trust with the customers.

Therefore the motivation task is incomplete unless salespeople's efforts are channeled in directions consistent with the overall strategic role of the salesforce within the firm.

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In a loan, the interest rate is considered as the biggest factors in calculating finance charges because the interest rate adds a percentage of money not already spent to pay towards the credit cards if not paid in full each month.

The term "interest rate" is a rate that tells you how high the cost of borrowing is or high the rewards are for saving. As a borrower, an interest rate is the amount you are charged for borrowing money which is shown as a percentage of the total amount of the loan.

In a loan, the finance charge means the total cost of borrowing money which includes the interest paid and any service fees by the lender which is why the interest rate is a big factor in calculating finance charges of credit cards.

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The five most common functions of business reports for an organization that manufactures electric cars for 1, 2, or 4 passengers, along with the users and stakeholders involved.

Are as follows: Sales and Marketing Analysis:

Users: Sales and marketing teams, executives.

Stakeholders: Customers, dealerships, investors, shareholders.

Production and Inventory Management:

Users: Operations managers, production teams.

Stakeholders: Suppliers, logistics partners, investors.

Financial Performance Evaluation:

Users: Finance department, executives.

Stakeholders: Investors, shareholders, lenders, regulatory authorities.

Quality Control and Product Development:

Users: Quality control teams, research and development teams.

Stakeholders: Customers, regulatory authorities, investors.

Sustainability and Environmental Impact Assessment:

Users: Environmental compliance teams, sustainability managers.

Stakeholders: Regulatory authorities, customers, environmental organizations, investors. These functions and their corresponding reports serve different purposes and cater to various users and stakeholders within and outside the organization. By analyzing these reports, decision-makers can make informed choices, assess performance, ensure quality, drive innovation, and address sustainability concerns in the manufacturing and marketing of electric cars.

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Answer:

Expansionary monetary policies

Explanation:

A recession is characterized by reduced economic activities, a high unemployment rate, and low business incomes. The economy experiences a reduced demand for products and services, leading to low production and a slow economic growth rate.

In a recession like in 2020, the Fed should employ measures that will stimulate economic growth. The appropriate measures are the expansionary monetary policies. These policies seek to increase liquidity in the market, thereby increasing the aggregate demand. Expansionary monetary policies increase the money supply in the economy; they include a reduction in the reserve requirement, reduction in the discount rate, and open market purchases.

Answer:

6% on an investment that will return $450,000

Explanation:

A central bank can increase or decrease the number of reserves in the banking system and therefore affect the nation's money supply by buying or selling bonds, bills, and other financial instruments on the open market. When the central bank sells these securities, it removes funds from the economy.

What happens when the FR increases the money supply?

A rise in the money supply has two effects: it lowers interest rates, which encourage investment, and it puts more money in the hands of consumers, which makes them feel wealthier and encourages consumption.

Through open market operations, the Fed can alter the amount of money in circulation. The Fed can expand the money supply by exchanging cash for the purchase of government assets.

The central bank's monetary policy is comprised on open market activities. For instance, policymakers use instruments like interest rates, reserves, bonds, etc. to manage the flow of money in order to increase employment, GDP, and price stability.

To purchase or sell securities to banks, the Fed employs open market operations. The Fed provides banks with additional funds to maintain as reserves on their balance sheets when it purchases assets. When the Fed sells securities, it depletes the money supply by removing funds from banks.

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Answer:

D. intuitiveness

Explanation:

It is Oliver's intuitiveness that makes him a good entrepreneur. Remember, an entrepreneur who has the character trait of intuitiveness is able to easily understand issues facing their employees and then bring out solutions to those problems.

Hence, we are told, Oliver not only helps his employees with their respective insecurities but also them grow, this shows he has a high sense of intuition such that he can inspire others to imitate his example.

Answer:

Confidence

Explanation:

Plato

Answer:

Creates items using page layout skills

Explanation:

I work in school with publisher and this was on a test of mine. :)

The Microsoft Publisher is software that creates items using page layout skills.

It is an application that helps the user to create documents for use professionally. Examples of these are:

To do this the user needs to first select one of the built-in templates in Microsoft Publisher and then the user could add text and pictures to it before printing the file.

Hence, Microsoft Publisher is not for sending or receiving messages nor does it help to keep daily records. Instead, its purpose is to create items using page layout skills.

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Answer:

Explanation:

There are many factors that state officials should consider with regards to this situation such as what items are being bought, travel costs the individual is incurring, but most importantly how much are these purchases stimulating the state's economy. If many people are doing this, it means that a lot of money is being spent within the state which ultimately stimulates the economy as more shop owners are making sales and in term have more money to spend.

Answer:

The following three things are required for a shadow to form:

a source of light.

an opaque object.

a screen or surface behind the object.

By locating its new production facility in Indonesia, Trendy Wear for Teens hopes to realize several benefits. The most immediate benefit is that the company can take advantage of the low labour costs available in the country.

Labour costs refer to the total expenses paid to employees in exchange for their labour or services. This includes wages and salaries, bonuses, and any fringe benefits such as health insurance, vacation pay, and employer contributions to retirement plans. Labour costs are one of the largest components of a business's operating expenses and can have a major impact on a company's bottom line. Companies must carefully manage their labour costs in order to stay competitive and remain profitable.

By reducing its labor costs, the company can realize a greater profit margin on its products. Additionally, the Indonesian government has offered to provide the company with tax incentives, further reducing the cost of operating the facility. In this way, Trendy Wear for Teens can ensure higher profits and greater success.

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Cost will increase in the coming years, and will include expenses such monthly fuel costs, auto repair and maintenance fees, Registration Tax, Road Tax, Car Insurance Premium, and Car Loan EMIs, if applicable.

The list will grow in the next five to ten years to include a number of additional costs, such as registration and road taxes, auto insurance premiums, auto loan EMIs, monthly fuel costs, and auto maintenance and servicing fees.

Automobile Loans. The greatest and most noticeable expense associated with your car is the monthly payment.

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Answer:

Stocks are securities that represent an ownership share in a company. For companies, issuing stock is a way to raise money to grow and invest in their business. For investors, stocks are a way to grow their money and outpace inflation over time.

When you own stock in a company, you are called a shareholder because you share in the company's profits.

Explanation:

The Securities and Exchange Commission (SEC), which was established to increase government oversight and regulation of stock transactions in order to prevent another stock market catastrophe, was one of the various elements of FDR's New Deal.

Reform is a part of the New Deal

Their goal was to determine the causes of the stock market crash.

It was designed to address such issues and make sure a similar disaster wouldn't occur again.

The SEC was established to regulate the American stock markets in order to prevent another devastating crisis like the one that occurred in 1929. Hence, this was a component of reform.

So, the option A is example shows the REFORM component of FDR's New Deal.

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Answer:

c. 2037

Explanation:

As a result of changes to Social Security enacted in 1983, benefits are now expected to be payable in full on a timely basis until 2037, when the trust fund reserves are projected to become exhausted.

Answer: wrong it is estate taxes

Explanation:

The most likely event happened to the other $300,000 that It was used to cover estate taxes. Thus last option is correct.

Estate Tax refers to the form of the tax in which a charge placed on a property owner's ability to transmit their possessions to others after passing away that takes the shape of a percentage of their taxable estate.

According to the above situation, the death of the Lavonda’s grandmother led to the implementation of the Estate Tax on her wealth of $1,000,000.

Therefore, the taxable estate to be included is  $300,000. Thus last option is correct.

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Answer:

a) if the terms of trade are 4 chips for 1 pretzel, would trade be advantageous for Luxland? explain.

Yes, it is advantageous for Luxland. On its own, Luxland can only produce 1 chip for 1 pretzel, but with trade, 1 pretzel would now be equivalent to 4 chips, representing a net gain of 3 chips.

​​b) if the terms of trade are 4 chips for 1 pretzel, would trade be advantageous for Leanderland? explain.

No, trade would not be advantageous. We can see than domestically, Leanderland can produce 2 pretzels for every chip, because the graph shows that 4 chips are equivalent to 8 pretzels for this nation.

For trade to be advantageous, Leanderland should obtain at least 9 pretzels for the 4 chips.

A) The terms of trade will be advantageous for Luxland because, according to the graph, it can produce only one chip for Pretzel.

However, If it decides to trade, it would accrue a gain of 3 additional chips under the 4 chips to 1 Preztel arrangement.

B) Already, Leanderland gets 1 chip for 4 pretzels. Therefore, it will be disadvantageous for it to accept 4 chips for 1 pretzel trade arrangement. The above question seeks to highlight the comparative advantages of Leanderland and Luxland.

When an economy or country has the ability to manufacture a good or service at a lower opportunity cost than its trading partners, it is said to have a comparative advantage. In the graph above, Luxland has a comparative advantage with the production of Chips.

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Rs 1600000

Explanation:

accounting equation= asset= liability+capital

The best reason for the reduction in manufacturing jobs is that These jobs are often outsourced to overseas factories.

As a result of these jobs being shipped abroad, manufacturing jobs in developed countries are suffering and will decrease in the next few years.

In conclusion, option B is correct.

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Answer:

A

Explanation:

Cause they might need new people if they relocate Nd might fire a lot of ppl if the working space is small

The given statement is False.The three general objectives of advertising are to inform, persuade, and remind.

The more widely accepted view is that the three general objectives of advertising are to inform, persuade, and remind.

Informative advertising aims to provide information about a product or service to consumers, with the goal of educating them about its features, benefits, and uses.

Persuasive advertising aims to persuade consumers to take a specific action, such as making a purchase or trying a new product.

Reminder advertising aims to keep a product or brand top-of-mind for consumers, with the goal of encouraging repeat purchases or reinforcing brand loyalty.

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Explanation:

to eliminate their best efforts in the company

Answer:

"bureaucratic barriers"

Explanation:

i got it right on plato