Prepare all of lamonda’s necessary journal entries for the month of april. lamonda corp. uses a job order cost system. on april 1, the accounts had the following balances: raw materials inventory$25,000 work in process inventory55,000 finished goods inventory60,000

years agooo ahaha. but honestly they need to update ! : )

answer; buying the bill at a discount from the face value to be received at maturity;

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.