Answer:
27%
Explanation:
Number of Persons in the Household = 90
<u>Neither Employed Nor Unemployed</u>
- Children Under 16 =10
- Disabled = 5
- Retired =10
- Stay at Home Parents = 5
- Full Time Students over the age of 16= 5
Total =35
<u>Unemployed</u>
- 10 people had no job but were looking for jobs
- 5 people who wanted a job but were not looking for a job.
- Total =15
<u>Employed</u>
- 35 people had full-time jobs
- 5 had part-time jobs
Total =35+5=40
Total Labour Force = Unemployed +Employed = 40+15 =55
Unemployment Rate = (Unemployed People / Total Labor) x 100
=15/55 X 100
=27%
According to the information in the survey, the unemployment rate is: 27%
Based on other stores, and what their prices are too
A. Record journal entries
Cash will be debited and sales will be credited by $6,120 and cost of good sold with be debited and inventory will be credited by $3,540.
A journal entry is the act of maintaining or producing records of any economic or the non-economic transaction. An accounting journal, which shows a company's debit and credit balances, records transactions. The journal entry may have many records, each of which is either a debit or a credit.
The journal entry to record days cash sales would be as given below:
Cash (Dr) $6,120
To sales $6120
(Being cash sales of $6,120)
Cost of good sold (Dr) $3,540
To inventory $3,540.
(Being cost of cost of good sold)
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