Answer and Explanation:
The journal entry is shown below:
Cash Dr (1,000 × $65) $65,000
To Sales revenue $59,000
To Deferred Revenue -Discount coupon $6,000
(1,000 × $100 × 30% × 20%)
(Being the sales revenue is recorded)
here the cash is debited as it increased the assets and credited the sales revenue and deferred revenue as it increased the revenue and liabilities
Answer:
Gdp excludes the most of items that are produced and sold illegally and also most of the items that are produced and consumed at home because the products which are illelegal are not sold under government policies and are not authorised.
Explanation:
GDP: It is been referred as the total value of all the goods and services which has been produced for the marketplace within one year's period and within our national borders.
Measurment of GDP:
- It will record only the value of final output of goods no intermediate goods are included in it.
- The output here is valued only at its market prices.
- It measures the values of both tangible and intangible services.
- It measures the values of goods which are produced within the geographic boundaries of country.
Where this GDP is countable:
It is countable only where the products are produced in economy and are being sold legally in the markets.
Excludes the products being sold illegally.
The number of opponents a canidate faces
The worlds most largest national economy in nominal terms. Is the second largest in purchasing power parity (ppp).
representing 22 percent of nominal global gpd and 17 percent of gross world product (gwd)
I believe the answer is 2/b, have limited liability. this is because they are paying for insurance, which only gives them a limited amount of times where they can ask for a payout before the insurance either skyrockets, or your plan is cancelled because you are deemed a flight risk. hope that helped!