Business, 06.04.2020 23:34 Animallover100
Determine whether each transaction below would be included in GDP, and if so, indicate which category it would fall under Assume all goods and services are produced in the domestic country unless otherwise stated. A. The city government purchases new playground equipment for the park. Included in GDP under consumption expenditures Included in GDP under net exports Not included in GDP Included in GDP under gross investment Included in GDP under government expenditures B. Sam purchases shares of Apple stock. Included in GDP under gross investment Not included in GDP Included in GDP under net exports Included in GDP under government expenditures Included in GDP under consumption expenditures C. The Smith family purchases a new boat. Included in GDP under gross investment Not included in GDP Included in GDP under consumption expenditures
Answers: 3
Business, 22.06.2019 11:50
The following are the current month's balances for abc financial services, inc. before preparing the trial balance. accounts payable $ 10,000 revenue 6,000 cash 3,000 expenses 17,500 furniture 10,000 accounts receivable 14,000 common stock ? notes payable 6,500 what amount should be shown for common stock on the trial balance? a. $48.000b. $12.500c. $27.000d. $28.000
Answers: 3
Business, 22.06.2019 15:00
Which of the following characteristics are emphasized in the accounting for state and local government entities? i. revenues should be matched with expenditures to measure success or failure of the government entity. ii. there is an emphasis on expendability of resources to accomplish objectives. a. i only b. ii only c. i and ii d. neither i nor ii
Answers: 2
Business, 22.06.2019 20:10
Peppy knows a lot about marketing, but not much about the legal or financial aspects of starting a new business. he wants to consult with a lawyer and accountant, but his budget is tight with all of the expenses involved in getting peppy's pizzazzeria up and running. peppy should: trust his basic instincts and try to put it together without the advice of lawyers and accountants. delay talking with a lawyer and accountant until the business has established a positive cash flow for at least one year. immediately hire full-time lawyers and accountants for his staff. consult with a lawyer and accountant even though the budget is tight.
Answers: 1
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