Jones company purchased $800 in office supplies with cash this year but it will be used up before the end of the year when the finances are prepared. since it is short lived and will be used up during this accounting period, jones company decided to record it as an expense instead of an asset at the time of purchase. the journal entry to record this transaction when jones company buys the office supplies would be:

Which of the following is a problem for the production of public goods?

Suppose portugal has 700 workers and 26,000 units of capital, and france has 18,000 workers and 700 units of capital. technology is identical in both countries. assume that wine is the capital-intensive good and cloth is the labor-intensive good. which of the following statements is correct if the nations start trading with each other? a) wages will increase in portugal.b) rental rates in france will increase.c) wages in france will decrease.d) rental rates in portugal will increase.

1. regarding general guidelines for the preparation of successful soups, which of the following statements is true? a. thick soups made with starchy vegetables may thin during storage. b. soups should be seasoned throughout the cooking process. c. finish a cream soup well before serving it to moderate the flavor. d. consommés take quite a long time to cool.