Able graphics received a $780 utility bill for the current month's electricity. it is not due until the end of the next month which is when they intend to pay it. which of the following general journal entries will able graphics make to record this transaction?

a

utilities payable 780
cash 780
b

utilities expense 780
accounts payable 780
c

utilities expense 780
cash 780
d

cash 780
utilities expense 780
e

accounts payable 780
utilities expense 780

Acompany set up a petty cash fund with $800. the disbursements are as follows: office supplies $300 shipping $50 postage $30 delivery expense $350 to create the fund, which account should be credited? a. postage b. cash at bank c. supplies d. petty cash

Bakery has bought 250 pounds of muffin dough. they want to make waffles or muffins in half-dozen packs out of it. half a dozen of muffins requires 1 lb of dough and a pack of waffles uses 3/4 lb of dough. it take bakers 6 minutes to make a half-dozen of waffles and 3 minutes to make a half-dozen of muffins. their profit will be $1.50 on each pack of waffles and $2.00 on each pack of muffins. how many of each should they make to maximize profit, if they have just 20 hours to do everything?

Any point on a country's production possibilities frontier represents a combination of two goods that an economy: