Use the following account numbers and corresponding account titles to answer the following question. Account No. Account Title
(1) Cash
(2) Merchandise inventory
(3) Cost of goods sold
(4) Transportation-out
(5) Dividends
(6) Common stock
(7) Selling expense
(8) Loss on the sale of land
(9) Sales
Which accounts would affect gross margin?
a. Account numbers 3, 4, 7 and 9
b. Account numbers 3, 7, 8 and 9
c. Account numbers 2 and 9
d. Account numbers 3 and 9

The following transactions occurred during july: received $1,000 cash for services provided to a customer during july. received $4,000 cash investment from bob johnson, the owner of the business received $850 from a customer in partial payment of his account receivable which arose from sales in june. provided services to a customer on credit, $475. borrowed $7,000 from the bank by signing a promissory note. received $1,350 cash from a customer for services to be rendered next year. what was the amount of revenue for july?

In each of the following, what happens to the unemployment rate? does the unemployment rate give an accurate impression of what’s happening in the labor market? a.esther lost her job and begins looking for a new one.b.sam, a steelworker who has been out of work since his mill closed last year, becomes discouraged and gives up looking for work.c.dan, the sole earner in his family of 5, just lost his $90,000 job as a research scientist. immediately, he takes a part-time job at starbucks until he can find another job in his field.

With signals from no-claim bonuses and deductibles, a. the marginal cost curve for careful drivers lies to the left of the marginal cost curve for aggressive drivers b. auto insurance companies insure more aggressive drivers than careful drivers because aggressive drivers have a greater need for the insurance c. the market for car insurance has a separating equilibrium, and the market is efficient d. most drivers pay higher premiums than if the market had no signals