Warner Company's year-end unadjusted trial balance shows accounts receivable of \( \$ 111,000 \), allowance for doubtful accounts of \( \$ 720 \) (credit), and sales of \( \$ 400,000 \). Uncollectibles are estimated to be \( 1.50 \% \) of accounts receivable. 1. Prepare the December 31 year-end adjusting entry for uncollectibles. 2. What amount would have been used in the year-end adjusting entry if the allowance account had a year-end

When the Consumer Price Index decreases from 140 to 125 less money is needed to buy the same amount of goods, so the value of money falls. more money is needed to buy the same amount of goods, so the value of money falls. less money is needed to buy the same amount of goods, so the value of money rises. more money is needed to buy the same amount of goods, so the value of money rises.

If the public decides to hold more currency and fewer deposits in banks, bank reserves decrease but the money supply does not change. decrease and the money supply eventually decreases. increase and the money supply eventually increases. increase but the money supply does not change.

Esercizio 4 Tizio ha concesso i seguenti prestiti: a) due anni fa la somma di \( € 800 \) ad interesse semplice al tasso annuo del \( 7 \% \) b) un anno e tre mesi fa la somma di \( € 600 \) Sapendo che egli riceve oggi la somma complessiva di \( € 1564,50 \) determinare a quale tasso annuo d'interesse e` stato concesso il secondo prestito.

When the market for moncy is drawn with the value of money on the vertical axis and the quantity of moncy on the horizomal axis, if the Fed sells bonds then the money supply and the price level increase. money supply increases and the price level increases. moncy supply and the price level decrease. money supply increases and the price level decreases.

If the reserve requirement is 7 percent, a bank desires to hold no excess reserves, and it receives a new deposit of \( \$ 200 \), it will be able to use this deposit to make new loans amounting to \( \$ 200 \). must increase required reserves by \( \$ 28 \). will initially see reserves decrease by \( \$ 200 \). must increase required reserves by \( \$ 14 \).