Answer:
Explanation:
The journal entry serves as a documentation of transactions corresponding to their accounts utilizing the debit and credit framework. A debit signifies an increase while a credit denotes a decrease.
S / NO Particulars Debit Credit
1 Cash 200,000
Share stock 200,000
2 Inventory 483,000
Account payable 483,000
3. Account receivable 675,000
Sales 675,000
Cost of goods sold 405,000
Inventory 405,000
4 Cash 562,000
Account receivable 562,000
5 Account payable 431,000
Cash 431,000
6 Motor Vehicle 39,000
Cash 39,000
7 Rent 25,200
Prepaid rent 2,100
Cash 27,300
8 Operating Expenses 20,000
Cash 18,000
Operating expenses payable 2,000
9 Depreciation 2,000
Motor Vehicle 2,000
10 Dividends payable 8,500
Cash 8,500
Answer:
de-industrialization
Explanation:
Deindustrialization signifies a period in social and economic history characterized by a reduction or complete removal of the industrial sector within a specific area or nation, especially concerning manufacturing or mining sectors. It is essentially the reverse process of industrialization.
This phenomenon typically occurs when industrial activities are no longer deemed economically viable. It marks a stage where industrial growth diminishes or vanishes in a certain locale, often as a result of significant social or economic changes.
Response:
Steve Jobs' return, new innovations, and Tim Cook assuming the COO role
Clarification:
Stock price variations are linked to the company’s success in achieving its goals and the belief that it will continue to thrive.
Initially, there was a notable rise in Apple’s stock from $27.97 to $702.10, marking a 25-fold increase.
This surge is attributed to Steve Jobs returning as CEO, which instilled confidence. Innovations such as the iPhone, iMac, iPod, and iTunes also contributed to enhanced performance and, subsequently, stock value.
However, after Tim Cook became COO, production was cut by 50%, leading to a decline in stock by 37% from its peak in September 2012 to $442.66 by the end of March 2013, down from $702.10.
Answer:
Refer to the explanation
Explanation:
To find the correct answer, please look at the image provided below: