Compile the following transactions in an accounting equation using the following format.
Account debited Account credited Assets Owners equity Liability
1. The owner of ABCLtd withdrew R 100000 from his personal account and deposited it into the business' account.
2. A cheque was issued for stationery valued at R4][000.
3. A payment valued at R50000 for the loan at XYZ Bank was made. A balance of R60000 is still outstanding.
4. Rental income received at the value of R5000.
5. Interest is payable at the end of each month to XYZB Bank, interest is charged at 10%.
6. A vehicle was purchased on credit for the amount of R60000.
7. Depreciation for the vehicle amounted to R1000 per month.

Answers

Answer 1

Assets = R180,000; Owners Equity = R60,000; Liability = R60,000.

In this series of transactions, we can compile the accounting equation as follows:

The owner of ABCLtd withdrew R100,000 from his personal account and deposited it into the business' account.

  - The owner's withdrawal affects the owner's equity, reducing it by R100,000.

  - The business' account receives the deposit, increasing the assets by R100,000.

A cheque was issued for stationery valued at R4,000.

  - The stationery purchase reduces the assets by R4,000.

  - No impact on owners' equity or liability.

A payment valued at R50,000 for the loan at XYZ Bank was made. A balance of R60,000 is still outstanding.

  - The loan payment decreases the liability by R50,000.

  - The outstanding balance of R60,000 remains as a liability.

Rental income received at the value of R5,000.

  - The rental income increases the assets by R5,000.

  - No impact on owners' equity or liability.

Interest is payable at the end of each month to XYZ Bank, interest is charged at 10%.

  - This transaction will result in an increase in the liability by the accrued interest amount each month, and a corresponding expense will be recorded.

A vehicle was purchased on credit for the amount of R60,000.

  - The vehicle purchase increases the assets by R60,000.

  - A liability of R60,000 is created due to the credit purchase.

Depreciation for the vehicle amounted to R1,000 per month.

  - Depreciation reduces the value of the vehicle, thus decreasing the assets by R1,000.

  - Depreciation does not affect owners' equity or liability.

Overall, the accounting equation can be summarized as follows:

Assets = R180,000 (initial assets + R100,000 deposit - R4,000 stationery - R1,000 vehicle depreciation + R5,000 rental income)

Owners Equity = R60,000 (initial equity)

Liability = R60,000 (loan balance + R60,000 vehicle purchase - accrued interest payable)

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Related Questions

Select all that apply.

Information on a résumé includes each of the following:

date of birth
education
past employment
references

I should know this right now.. Btw, I NeEd aN aNsWeR NoW!!!!!!

Answers

B
Hope this helpssss

Choosing the higher education institution with the cheapest sticker price
might be a bad idea because

A.)sticker prices always have hidden costs which may increase the overall costs
B.)cheaper schools usually charge more for housing which is not a part of a
sticker price
C.)cheaper schools usually will not allow you to apply for financial aid
D.)more expensive schools may be cheaper once the net cost has been
determined

Answers

Answer: D. more expensive schools may be cheaper once the net cost has been determined

Explanation:

Choosing the higher education institution with the cheapest sticker price might be a bad idea because more expensive schools may be cheaper once the net cost has been determined.

It should be noted that sticker prices with regards to higher education scan sometimes give false information about the fees which will be eventually be paid. This is because one ma eventually find out that the total fees that were paid in the assumed cheaper school may be more than the expensive school once the net cost has been calculated and determined.

In order for one to be able to make a thorough decision on one's choice of school, higher institutions should provide better and more detailed information regarding the amount that students will pay in their schools net of grants or maybe scholarships.

The higher education institution and the sticker price are directly related to each other higher the education system higher will be the sticker price that is the total cost of the yearly tuition, books, room rents, and other fees that are charged within the institutions.

Choosing the higher education and the cheaper sticker price is a bad idea because:

Option D. more expensive schools may be cheaper once the net cost has been determined.

The higher education and cheaper sticker price are bad because the sticker prices quoted about the fees sometimes gives false information that will be eventually paid in the future once the net cost has been calculated and determined.

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Medicare is a government program funded by tax dollars to:
A-provide health insurance to children in a recount
B-provide health insurance to working adults
C-provide hospital insurance for those over 65

Answers

Medicare is provided to give health insurance to working adults the answer is B

Answer: C

Explanation: Trust me

What's the answer I need help ASAP!!

What's the answer I need help ASAP!!

Answers

Answer:

B

Explanation:

How could a SAYGO (Save as you go) tax system help support intergenerational wellbeing in a particular country?. Please use economic analysis

Answers

The Save As You Go (SAYGO) tax system is a system in which income tax is collected from an individual's salary in a staggered manner. This means that the tax is collected in smaller amounts from the individual on a regular basis, rather than in one lump sum at the end of the year. The goal of this system is to make it easier for people to manage their taxes and to make tax collection more efficient. SAYGO can help support intergenerational wellbeing by providing a stable source of revenue for the government. This revenue can then be used to fund programs and services that support the needs of all generations.

For example, the revenue generated by SAYGO could be used to fund healthcare and education programs that benefit both young and old people. In this way, SAYGO could help promote the overall wellbeing of the population. Economic Analysis: The SAYGO system has a number of benefits that make it an attractive option for governments looking to support intergenerational wellbeing. Firstly, it provides a stable source of revenue for the government. This revenue can then be used to fund programs and services that benefit all generations, such as healthcare, education, and infrastructure development. Secondly, it encourages people to save money, which can help support intergenerational wellbeing by promoting financial stability and reducing poverty. Finally, it makes the tax system more efficient by reducing the administrative burden on both taxpayers and the government. Overall, the SAYGO system has the potential to be a valuable tool for promoting intergenerational wellbeing in a particular country.

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hurry please i need the answer im on a quiz

hurry please i need the answer im on a quiz

Answers

The transcontinental railroad change life for people in the United States because it became much easier to travel from the east to the west.

What is transcontinental railroad?

Contiguous railroad trackage that spans a continental land mass and has terminals at various oceans or continental borders is known as a transcontinental railroad or transcontinental railway. Such networks can be over lines that are owned or controlled by a single railroad, a network of railroad companies, or both along a continuous path.

Although there are railroads all over Europe, they are typically not regarded as transcontinental, with the potential exception of the legendary Orient Express.

Transcontinental railroads made it possible to explore and settle previously unreachable uninhabited interior areas of continents.

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please help. I will mark you as brainliest !!

A characteristic often associated with entrepreneurship is ___

A. passiveness
B. routine
C. security
O D. risk

Answers

Answer:

risk

Explanation:

b because usually entrepreneurs risk everything making they business grow.

The correct option is D. A characteristic often associated with entrepreneurship is Risk.

Entrepreneurship is both a challenge and a great opportunity, and it takes certain qualities to be successful. There's no right or wrong way to be an entrepreneur.

What does entrepreneurship mean?

An individual who starts a new firm, taking on the majority of the risks and reaping the majority of the gains, is known as an entrepreneur. Entrepreneurship is the practice of starting a business. The entrepreneur is frequently viewed as an innovator, a source of fresh concepts for products, services, businesses, and operational methods.

Entrepreneurship is a challenge as well as a fantastic opportunity, and success requires a certain set of skills. Being an entrepreneur is something that can be done in any way. With time, experience, and training, traits and behaviors like experimentation, perseverance, and invention can be acquired.

A person who takes on the risk involved in starting, running, and owning a business. persistent. adamant about overcoming obstacles and pursuing their objectives in order to succeed in business.

Thus, Entrepreneurs are people who launch new businesses, bearing the bulk of the risks and getting the majority of the rewards.

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Please help....

48 ABM students were included in the entrance interview of college. 3/4 of them decides to take Accountancy. If 1/4 of the remaining students opted for Entrepreneurship and the rest will take management courses, how many students will take each course?​

Answers

Answer:

ok so started with 48 total students then 3/4 takes accountancy so you do 48×3/4 which is 36 so 36 take accountancy leaving 12 students left then 1/4 do entrepreneur so 12×1/4 so 3 students take Entrepreneur leaving 9 students left to take management cources

36 students take accountancy, 3 students take Entrepreneurship, and 9 students take management courses.

Given that,

There are 48 students involved in the entrance interview.Three-fourth take accountancy i.e. (3 ÷ 4 × 48) = 36One-fourth of the remaining opted for Entrepreneurship i.e. (48 - 36) × 1 ÷ 4 = 3And, the remaining take the management courses i.e. (48 - 36 - 3) = 9.

Therefore we can conclude that 36 students take accountancy, 3 students take Entrepreneurship, and 9 students take management courses.

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In what circumstance would a property insurance claim be rejected?

Answers

• You don’t file your claim promptly
• The cause of property damage falls under an exclusion condition in your policy.
•You haven’t been paying your insurance premiums.
• The damage isn’t sufficiently documented
•The insurance adjuster finds anything suspicious or false in the claim.
•You didn’t take precautions to prevent further damage after the initial loss.

a community college faculty is negotiating a new contract with the school board. the distribution of faculty salaries is skewed right by several faculty members who make over​ $100,000 per year. if the faculty want to give the community the impression that they deserve higher​ salaries, should they advertise the mean or median of their current​ salaries?

Answers

By emphasizing the median salary, the faculty can highlight the fact that most of them earn modest salaries and may deserve higher compensation for their work.

Why it is?

If the distribution of faculty salaries is skewed right and there are several faculty members who make over $100,000 per year, then the mean salary will be higher than the median salary.

In this case, advertising the mean salary would likely give the impression that the faculty earns higher salaries than they actually do, since the mean is sensitive to outliers or extreme values in the distribution.

Therefore, if the faculty wants to give the community the impression that they deserve higher salaries, it would be more appropriate to advertise the median salary rather than the mean salary.

The median is less affected by outliers and provides a better representation of the typical or central salary for the faculty. By emphasizing the median salary, the faculty can highlight the fact that most of them earn modest salaries and may deserve higher compensation for their work.

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Which two are benefits of equity funding? (Choose two)


1. Loan payments are predictable; they do not change with the fortunes of the business.
2. Can be used to raise working capital.
3. Investors do not get paid if the business does not make a profit.
4. Loan payments can be set up so they match seasonal sales of the business.
5. Investors have no say in the management or direction of the business.

Answers

The benefits of equity funding are it can be used to raise working capital.

Investors do not get paid if the business does not make a profit. Option 2 and option 3 are appropriate response.

What is equity funding?

The practice of raising money through the selling of shares is known as equity funding. Companies raise money to pay expenses in the short term or because they have a long-term objective and need money to invest in their expansion.

A firm effectively sells ownership in their business when it sells equity shares in exchange for money. There are two methods of equity funding: the private placement of stock with investors and public stock offerings.

Equity funding is used when companies, have a short-term need for cash. It is used to raise working capital. It carries no repayment obligation, investors are only paid when the business is profitable.

Hence option 2 and option 3 are correct response.

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What is the main advantage of having a skill set with a high market value?
• A. There are fewer regulations restricting those skills.
B. Workers are more productive per hour using those skills.
C. Employers are willing to pay more for those skills.
D. Worker organizations have a major need for those skills.
SUBMIT

Answers

Answer:

C

Explanation:

The main benefit of having a high market value is that they will get a high price for the services they will provide. Their job will remain stable and they can lead a good life with the compensation they will receive.

A business with happy customers will build a good reputation, allowing it to attract top-level:

Answers

Answer:

Marketing consultants

A business with happy customers will create a good reputation, allowing it to attract the best: Marketing consultants.

How are sales advisors paid?

The average sales advisor costs are based on one of the two models. The first, and perhaps the most common, is the hourly consultation rate. The second is a consistent bid on a project-by-project basis. This is usually based on their expected number of hours for a project that is multiplied by the hourly rates of professionals.

How much should I charge as a marketing consultant?

A typical marketing consultant usually charges about $ 100- $ 175 per hour. This may seem like a lot of money because, in most cases, companies do not pay their employees so much.

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agnes pays state income tax equal to 3.75% of her federal taxable income. she pays federal income tax equal to 28.4% of her federal taxable income. this year, she paid $15,449.60 in federal income tax. how much did agnes pay in state income tax?

Answers

Based on the information the amount that Agnes paid as state income tax is $2,040.

First step is to calculate Agnes federal taxable income

Federal taxable income=$15449.60/0.284

Federal taxable income= $54,400

Second step is to calculate Agnes state income tax

State income tax=0.0375 ×$54,400

State income tax=$2,040

Inconclusion the amount that Agnes paid as state income tax is $2,040.

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What are the 3 components of a claim?

Answers

There are three elements that you must prove in order for your claim to be successful: the defendant owed you a duty of care, the defendant breached that duty, you suffered an injury or loss as a result.

Define loss?

A loss in financial accounting is a decline in net income that occurs outside of the regular course of business.

Losses can be caused by a variety of actions, including the selling of an asset for less than its carrying value, asset write-downs, or litigation losses.

When you lose money operating your business, you are spending more than you are earning.

Businesses sometimes experience temporary losses when they first launch or during periods of expansion. This is OK if you have enough cash on hand to cover operating expenses while waiting for a boost in revenue.

The income statement's bottom line, following all the line items for revenues and expenses, shows the net loss.

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i like peopel but people dont like me so what do i do i woulder why so can so who can help me please because no one wants to so please help me.

Answers

Well, if there is a certain person you’re after maybe take it slow and try to find things you have in common. Both in friendly and romantic situations it’s good to understand each other and not overstep boundaries. Be friendly, don’t lie to them, encourage them. But don’t let them walk over you, you have to be your own person as well, people like originality and unique things. Show them something new, something that you like, but listen to them when they talk about their interests, it’s a back and forth thing. It should be 50/50. You give, they give. You listen, they listen. Hope this helps!! ☆*:.。. o(≧▽≦)o .。.:*☆

The sources of customer expectations are market-controlled factors such as:
A) The individual's innate needs
B) The individual's previous experiences
C) Word-of-mouth communication
D) Sales promises
E) What the competition is offering

Answers

I think the answer is D) Sales promises

The sources of customer expectations are market-controlled factors such as sales promises. Hence, option D is appropriate.

What are the sales promises?

The discounted price at which services or products are being sold is known as the "sale promise." Typically, this price is provided for a brief period to boost sales during a slow period or just get rid of extra inventory. The discount is represented in the advertisement as a percentage of the list price.

The rate is commonly expressed as a percentage. Multiply this rate by the original price to determine the discount. Subtract the discount from the original price to get the sale promises.

The selling price is the amount that a customer paid for a service or product. It may differ based on the price that buyers are prepared to pay, the seller's acceptance threshold, and how competitive that price is with those of other companies in the market.

Hence, option D is correct.

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what is 4/8 = ??????????????????????

Answers

Answer:

4/8 is equivalent to 1/2

Explanation:

Hope it helps a lot :]

Answer:

4 divided by eight? if this is the question then the answer is 1/2

Explanation:

let me know if that was what you were asking

PLEASE HELPPPPP due by tomorrow pleaseeee
write a one-page report that details the individual’s job position, education, and career training, current job responsibilities, and what the person enjoys the most about the job position.

Answers

The job description contains sufficient information to describe major responsibilities and essential functions as they exist today. They provide the information necessary to classify the position, not the person; thus they are “incumbent neutral” and not based on any specific quality of an incumbent (such as knowledge, skills, abilities, performance, dedication, loyalty, years of service, or degree). The document should not include every detail of how and what work is performed so that it remains useful even when minor changes occur. Job descriptions can be written as a joint effort between supervisor and employee, but the supervisor must approve.

In auditor usually tests the reasonableness of dividend income from investments in publicly held companies by computing the amounts that should have been received by referring to?

Answers

In order to test the reasonableness of dividend income from investments in publicly held companies, an auditor typically refers to the financial statements, specifically the dividend information disclosed by the investee company.

This information can be found in the investee company's annual reports, financial statements, or dividend declarations.

The auditor would compare the dividend income reported by the audited company with the dividend amounts that should have been received based on the investee company's publicly available information.

This includes factors such as the investee company's dividend payout ratio, dividend per share, and the auditor's assessment of the investee company's financial performance.

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2.which of the following statements best describes a keynesian approach to economics? a)aggregate demand is the most important driving force in the economy, but free-markets have no self-balancing mechanisms that lead to full-employment; therefore, government intervention is often necessary to stabilize an economy. b)politics determines economics, the nature of economics is conflictual, and the main actors are nation-states; therefore, the main goal of economic activity is the maximization of national interest. c)individual freedom to pursue interests/wealth in an open market free of government interference with the role of government to primarily protect property rights. d)resources flow from a periphery of poor and underdeveloped countries (global south) to a core of wealthy states (global north) enriching the latter at the expense of the former. poor countries are systemically locked into this unfavorable situation.

Answers

Option a is correct. The main economic driver is aggregate demand, but since free markets lack self-balancing mechanisms that lead to full employment, stabilising an economy frequently requires government intervention.

A macroeconomic theory known as Keynesian economics examines the total amount of spending in the economy and how it affects production, employment, and inflation. In an effort to comprehend the Great Depression, British economist John Maynard Keynes created it in the 1930s.

The fundamental tenet of Keynesian economics is that economic stabilisation may be achieved by government intervention. Keynes' theory was the first to clearly distinguish between the study of individual motivations and economic behaviour from those of broad aggregate variables and conceptions.

Keynes' theory led him to propose higher government spending and lower taxes as a way to boost demand and rescue the world economy from the Great Depression. Later, the term "Keynesian economics" was used to describe the idea that economic performance could be optimised and economic downturns might be avoided.

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When the business cycle or economic activity is declining, the economy is said to be in....?

A
the trough

B
contraction

C
expansion

D
recovery

Answers

contraction is to decline the answer is B



When your tire blows out in the middle of a drive, you should

Answers

You should tap the breaks repeatedly and pull over

get out of the car and change it

compute the contribution margin and the segment margin of each division and the company as a whole. what will be the impact on net income if the magazine division is eliminated?

Answers

The magazine division's net income would plummet to $24,540 if Anderson Publishing were to disappear. The book division's gross profit was $4,682,500, the magazine division was $969,800, and the contribution margin for both was $5,625,000 and $2,016,100.

The Anderson Publishing contribution margin income statement and fixed cost allocation computations are presented in full below.

Section for contribution margin income statement

                        Book Division  Magazine Division                 Total

                        8,200,000        3,469,200                             11,669,200

Less Variable cost:

The component of the cost of goods supplied that is variable

                         2,400,000       1,196,400                               3,596,400

Variable operating cost  

                        175,000            256,700                                 431,700

Contribution margin  

                        5,625,000        2,016,100                               7,641,100

Less traceable fixed cost

                         1,997,100         987,440                                 2,984,540

Segment margin

                         3,627,900        1,028,660                             4,656,560

Less common fixed cost

                         2,076,400        1,526,960                             3,603,360

Net profit           1,551,500        (498,300)                               1,053,200

Calculations

Traceable fixed cost of Magazine division

= (1,303,000 × 20%) + (1,211,400 × 60%) = $987,440

Common fixed cost of Magazine division

= (1,303,000 + 1,211,400) - 987,440 = 1,526,960

Traceable (direct) fixed cost of Book division

= (1,117,500 × 20%) + (2,956,000 × 60%) = $1,997,100

Common fixed cost (untraceable) of Book division

= (1,117,500 + 2,956,000) - 1,997,100 = $2,076,400

If the magazine division is discontinued, Anderson Publishing may completely avoid or remove the direct fixed cost of $987,440 for the magazine segment.

However, the Magazine division's Common Fixed Cost of $1,526,960 cannot be avoided.

Estimating net income in the event that the Magazine Division is abolished

Particulars                                                                                 $

The segment margin of the Book division                             3,627,900

Less common fixed cost (2,076,400 × 1,526,960)                 3,603,360

Net income                                                                                24,540

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Explain the hipp of the primary sources below source: letter written by john rolfe

Answers

The correct answer to this open question is the following.

Explain the HIPP of the primary sources below source: "letter written by John Rolfe."

"H" stands for Historical context. John Rolf was an important component in the foundation and success of the Jamestown, Virginia colony, in the North American territory. In the letter, he explains the Governor of the colony, Thomas Dale, his reasons to marry Pocahontas, a Native American Indian woman.

"I" stands for the Intended audience. The Governor of Jamestown, Virginia colony, Thomas Dale. The intention of John Rolfe was to clearly explain his motives, trying to maintain his intact reputation before the people of Jamestown.

"P" stands for Purpose. Rolfe wanted the approval of the Governor, knowing that in those years, Native American Indians were considered savages that first needed to be converted to the Christian religion to be accepted in the colonial society.

"P" stands for Point of view. In this part, we have to understand the point the author is trying to convey. In this case, John Rolfe, an English man, and an important figure that brought the toc¿bacco seed from the Caribbean Islands to grow tobacco crops in Jamestown and made tobacco the king of crops in Virginia wanted to justify his actions but not wanted to compromise his position before the Jamestown society.

Superb Ltd. Is a well diversified company engaged in development of real estate, tourism and
textiles. The company plans to raise a sum of Rs. 120 crores in order to finance its expansion plans. Presently, there is a conflict among its financial managers as to whether the company should float an issue of equity shares or debentures to raise the required amount of funds. Which of the two sources of funds will you suggest considering the fact that company has not raised much debt capital so far and why? Class 11

Answers

Answer:

Since the company's debt level is very low, then it should probably issue new debt. The advantage of issuing debt is that debt is always cheaper than equity. E.g. the company issues a bond with a 10% coupon rate and the corporate tax rate is 30%. The after tax cost of debt = 10% x (1 - 30%) = 7%.

Issuing bonds with a 10% coupon rate is not something impossible, and actually the interest rate is pretty high. Some companies issue bonds at 4 or 5%. But to raise new capital offering a return on equity of 7% or less is extremely odd and difficult. Generally, the cost of equity of normal corporations tends to be about twice as higher as the cost of debt.

Since the company's debt level is so low, it should almost certainly issue fresh debt. The benefit of issuing debt is that it is always less expensive than issuing equity. For example, suppose a corporation issues a bond with a 10% coupon rate and a 30% corporate tax rate.

About Sources of funds:

Issuing bonds with a ten percent coupon rate isn't difficult, and the interest rate is actually quite high.

Some businesses issue bonds with a 4% or 5% interest rate. However, raising additional capital with a return on equity of 7% or less is unusual and challenging.

In general, normal firms' cost of equity is about twice as high as their cost of debt.

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What are some physical cues I should look for when carding guests?

Select all that apply and then click Submit.

• Height
• Weight
• Age
• Bone structure
• Gender
• Eye color

Answers

Answer:

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The Most Reputable and Recommended Alcohol Training Certification Happy bartender making a cocktail ServingAlcohol. offers the best option to accomplish your online certification. We go beyond the basics of alcohol awareness and carding techniques to deliver everything you need to know as an alcohol seller-server in your state. Over the past 35 years, we have become the most widely respected authority in responsible alcohol training by state and local officials. Our alcohol server certification program prepares alcohol sellers to sell and serve alcoholic drinks on and off-premises responsibly. We offer a wide host of state courses and bundles (combined with food safety handling courses) to suit your employment needs and business operations.

Pls Mark As Brainliest If The Answer Is Correct

Age is a physical cue I should look for when carding guests. Thus option C is correct.

What are physical cues?

Use physical clues like examples, eye contact, facial emotions, and hand-over-hand touch. Other cues can be signs, a church bells, or dimmer lights.

State rules and regulations differ when it to requesting IDs, and the FDA also establishes a minimum carding age. Congress enacted laws in December 2019 that set the frisking age at under 30 and increased the legal drinking age from 18 to 21 for all tobacco and vapor products.

While some establishments set its carding practices at a specified age level, others require employees to card ALL clients. In a few years, it's conceivable that all IDs will be scanned prior to the purchase of a time-of-life commodity. Therefore, option C is the correct option.

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Fancy Nails has an estimated cost for supplies of $0.75 per manicure. June's budget was based on 2,400 manicures and a total cost for supplies of $1,800. June's actual activity was 2,500 manicures. The actual cost of supplies in June was $2,000. Calculate the spending variance for June.

Answers

Assuming the actual cost of supplies in June was $2,000, the spending variance for June is $125 U.

Spending variance

Using this formula

Spending variance=Flexible budget-Actual activity

Let plug in the formula

Spending variance=($0.75 x 2,500 manicures)- $2,000

Spending variance=$1,875 - $2,000

Spending variance = $125 U

Inconclusion the spending variance for June is $125 U.

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Marketing issues such as​ advertising, image, and promotion are important to quality​ because:
A. the intangible attributes of a product​ (including any accompanying​ service) may not be defined by the consumer.
B. they make the product seem more valuable than it really is.
C. they raise expenses and therefore decrease profitability.
D. they define for consumers the tangible elements of a service.
E. they educate consumers on how to use the product.

Answers

(A.) the intangible attributes of a product​ (including any accompanying​ service) may not be defined by the consumer. Because OPTION A, marketing concerns including promotion, advertising are crucial to quality

Advertising refers to the methods used to draw attention to a good or service. In order to attract consumers' attention, advertising seeks to highlight a good or service. It is often used to market a particular product or service, although there are many other applications as well, with commercial advertising being the most popular. Through "branding," which links a product name or image with particular traits in customers' minds, commercial advertising frequently aim to boost consumption of their goods or services. Direct-response advertising, on the other hand, is the term used to describe advertisements that aim to prompt a quick sale. Political parties and interest groups are examples of non-commercial organizations that market more than goods or services for consumers.

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household play a role in the circular flow of goods by

household play a role in the circular flow of goods by

Answers

Answer:

C) purchasing goods at product markets

Answer:

C. purchasing goods at product markets

Explanation:

It said on the test

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