On may 1, shilling company sold merchandise in the amount of $5,800 to anders, with credit terms of 2/10, n/30. the cost of the items sold is $4,000. shilling uses the perpetual inventory system. the journal entry or entries that shilling will make on may 1 is:

a) sales accounts receivable 5,800 5,800

b) sales accounts receivable cost of goods sold merchandise inventory 5,800 5,800 4,000 4,000

c) 5,800 accounts receivable 5,800 sales

d) 5,800 accounts receivable 5,800 sales cost of goods sold, merchandise inventory are 4,000, 4,000

e) 4,000 accounts receivable 4,000 sales

Use this image to answer the following question. when the economy is operating at point b, the us congress is most likely to follow

What is the difference between total utility and marginal utility? a. marginal utility is subject to the law of diminishing marginal utility while total utility is not. b. total utility represents the consumer optimum while marginal utility gives the total utility per dollar spent on the last unit. c. total utility is the total amount of satisfaction derived from consuming a certain amount of a good while marginal utility is the additional satisfaction gained from consuming an additional unit of the good. d. marginal utility represents the consumer optimum while total utility gives the total utility per dollar spent on the last unit.

Assume that a local bank sells two services, checking accounts and atm card services. the bank’s only two customers are mr. donethat and ms. beenthere. mr. donethat is willing to pay $8 a month for the bank to service his checking account and $2 a month for unlimited use of his atm card. ms. beenthere is willing to pay only $5 for a checking account, but is willing to pay $9 for unlimited use of her atm card. assume that the bank can provide each of these services at zero marginal cost.refer to scenario 17-5. if the bank is unable to use tying, what is the profit-maximizing price to charge for a checking account