Levine company uses the perpetual inventory system and allows customers to use two credit cards in charging purchases. with the suntrust bank card, a 4% service charge for credit card sales is assessed. the second credit card that levine accepts is the continental card. continental assesses a 2.5% charge on sales for using its card. apr. 8 sold merchandise for $3,900 (that had cost $2,882) and accepted the customer's suntrust bank card. 12 sold merchandise for $7,200 (that had cost $4,666) and accepted the customer's continental card. prepare journal entries to record the above selected credit card transactions of levine company

answer: it is a cellular phone

convection currents in magma drive plate tectonics. the answer is true.

answer90,000;

the answer is "b.the increased supply will create a surplus. "

the essential thought behind price controls is straightforward - utilize the power of law to modify the equilibrium of a market. for instance, the legislature may choose that the steel business needs to survive, and in this way pass a law to set a value floor on steel. this implies all steel sold must offer at or over the floor value, which must be set over the equilibrium cost for it to have any impact. the switch could likewise happen - the administration can choose that steel is excessively costly and set a value roof underneath its equilibrium value, with the goal that all steel must be sold at or beneath that ceiling.