The supplies account had a balance of $900 at the beginning of the year and was debited during the year for $2,342, representing the total of supplies purchased during the year. If $2,808 of supplies are on hand at the end of the year, the supplies expense to be reported on the income statement for the year is
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Abusiness cycle reflects in economic activity, particularly real gdp. the stages of a business cycle
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What is the relationship between marginal external cost, marginal social cost, and marginal private cost? a. marginal social cost equals marginal private cost plus marginal external cost. b. marginal private cost plus marginal social cost equals marginal external cost. c. marginal social cost plus marginal external cost equals marginal private cost. d. marginal external cost equals marginal private cost minus marginal social cost. marginal external cost a. is expressed in dollars, so it is not an opportunity cost b. is an opportunity cost borne by someone other than the producer c. is equal to two times the marginal private cost d. is a convenient economics concept that is not real
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The supplies account had a balance of $900 at the beginning of the year and was debited during the y...
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