Effect of Omitting Adjustments For the year ending August 31, Mammalia Medical Co. mistakenly omitted adjusting entries for (1) depreciation of $6,800, (2) fees earned that were not billed of $11,700, and (3) accrued wages of $2,200. Indicate the effect of the errors on (a) revenues, (b) expenses, and (c) net income for the year ended August 31. (a) Revenues $fill in the blank 2 (b) Expenses $fill in the blank 4 (c) Net income $fill in the blank 6

Which of the following is an example of an unsought good? a. cameron purchases a new bike. b. jordan buys paper towels. c. taylor buys cupcakes from her favorite bakery. d. riley buys new windshield wipers for her car.

Sue peters is the controller at vroom, a car dealership. dale miller recently has been hired as the bookkeeper. dale wanted to attend a class in excel spreadsheets, so sue temporarily took over dale's duties, including overseeing a fund used for gas purchases before test drives. sue found a shortage in the fund and confronted dale when he returned to work. dale admitted that he occasionally uses the fund to pay for his own gas. sue estimated the shortage at $450. what should sue do?

One country has a comparative advantage over another country in the production of a good if ithas a curved production possibilities curve and the other country has a linear production possibilities curve.has lower fixed costs than the other country. has a linear production possibilities curve and the other country has a curved production possibilities curve.is a lower opportunity cost producer of the good.