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zlopas [31]
1 year ago
13

Decide whether each situation is a checking account deposit or debit. Drag each situation to correct category.

Business
1 answer:
klemol [59]1 year ago
0 0

The question is incomplete:

Decide whether each situation is a checking account deposit or debit. Drag each situation to correct category.

-banking a $100 gift check

-paying a utility bill online

-receiving an eft of wages earned

-writing a check for groceries

-taking $40 out of an atm

Answer:

-banking a $100 gift check : deposit

-paying a utility bill online : debit

-receiving an eft of wages earned : deposit

-writing a check for groceries : debit

-taking $40 out of an atm: debit

Explanation:

A checking account is a bank account in which you can deposit or withdraw money. A checking account deposit is when you transfer money into the bank account and a debit is when the money is taken out of the account. According to this, the answer is:

-banking a $100 gift check : deposit because you are adding funds to the account

-paying a utility bill online : debit because by paying the bill you decrease the amount in the account.

-receiving an eft of wages earned : deposit because this increases your balance.

-writing a check for groceries : debit because the amount paid decreases the balance of the account.

-taking $40 out of an atm: debit because this decreases the balance of the account.

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Imagine the market for leather made basketballs. Please illustrate and specify the change in equilibrium price and quantity. (ma
Naily [24]

Answer:

Please check the attached images for the graphs

Explanation:

a. If a popular player encourages kids to play more basketball, the demand for leather basketballs would increase. This would shift the demand curve for leather basketballs to the right. Equilibrium price and quantity would increase

b. It can be assumed that footballs are a substitute for basketballs. If the price of footballs increases, the demand for basketballs would increases. this would shift the demand curve for leather made basketballs to the right.  Equilibrium price and quantity would increase

A technological change would increase the supply of basketballs. The supply curve would shift to the right. Equilibrium price would fall and equilibrium quantity would rise

d. an increase in the price of leather would increase the cost of production. This would make make producing leather basketballs more expensive. As a result, the supply of basketballs would fall. This would increase equilibrium price and equilibrium quantity would fall.

e.  decrease in income would reduce the demand for basketballs. This would shift the demand curve to the left. Equilibrium price and quantity would fall.  an increase in the price of leather would increase the cost of production. This would increase equilibrium price and equilibrium quantity would fall. Taking these two effects together, there would be an indeterminate effect on equilibrium price and equilibrium quantity would fall.

f. If the price of footballs increases, the demand for basketballs would increases, this would shift the demand curve for leather made basketballs to the right.  Equilibrium price and quantity would increase. If the number of sellers increases, the supply of basketballs increases. This would lead to an increase in equilibrium quantity and a fall in equilibrium price. Taking this two effects together, there would be an indeterminate effect on equilibrium quantity and equilibrium price would fall

g, If basketball becomes more popular, the demand for basketball would increase. Equilibrium price and quantity would increase. A technological change would increase the supply of basketballs. This would increase its supply. The supply curve would shift to the right. Equilibrium price would fall and equilibrium quantity would rise. Taking these two effects together there would be an indeterminate effect on equilibrium price and equilibrium quantity would increase

6 0
1 year ago
A company had been selling its product for $20 per unit, but recently lowered the selling price to $15 per unit. The company's c
sammy [17]

Answer:

$2,600

Explanation:

As we know that the inventory should be recorded at a cost or market value which ever is lower

In the given case,

The cost is

= 200 units ×$16 per unit

= $3,200

And, the market value is

= 200 units × $13 per unit

= $2,600

So as we can see that the lower value is $2,600 and the same is to be reported on the balance sheet

6 0
1 year ago
A group of newly recruited employees were bullied by senior members of the facilities team. Jodie, one the team members who witn
ch4aika [34]

Answer:

B) Upward communication

Explanation:

Upward communication defines that the employees follow hierarchy from downward to upward which means a lower employee to a higher. For example Worker to supervisor and supervisor to Manager. Upward communication is the most effective source in every organization as traditional forms of communication increasingly become less common.

Therefore as per the situation, Senior members of the facilities team had intimidated a group of newly hired workers. Jodie, one of the team members who observed the event, wrote a letter detailing the harassment incident to her division manager. In this case, Jodie is engaging in upward communication.

5 0
1 year ago
All of the following make up the big three credit reporting agencies EXCEPT:
Paha777 [63]

The correct answer is D. Federal reserve.

The three credit reporting agencies include experian, transunion, and equifax.

It is from credit reports where credit scores are calculated.

Credit scores represents the risk which a lender may take what he is borrowing the money.

Equifax, experian, and transunion are different in that each one of them represents a separate credit bureau with its own way.

5 0
1 year ago
Read 2 more answers
Do law enforcement agencies really seek an efficient amount of lawbreaking rather than no lawbreaking?
Levart [38]

Answer:

Yes, law enforcement agencies do look forward to some amount of lawbreaking.

Explanation:

Law enforcement agencies' job is to deal with anyone who fails to abide by the law and indulges in illegal activities. They get paid for it and if there is no lawbreaking in their region, their employment would be of no use. Their revenue depends on lawbreaking activities so they expect some amount of illegal activities to keep their business up and running. For e,g. speeding tickers bring a good amount of money for them. If everyone drives within the speed limit, law enforcement agencies will lose a certain amount of revenue.

6 0
1 year ago
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