This is a drag and drop question. there are lots of differences between a market served by a monopoly and a market that is perfectly competitive. sort the items below according to whether they are associated with a single-price monopoly or perfect competition. 1. a characteristic of monopoly 2. a characteristic of perfect (pure) monopoly "these are the answere i have to drag into either answer 1 or answer 2" -price is higher than in other market structure -an efficient quantity is produced -firms can earn positive economic profit in the long run. -there are significant barriers to entry. -firms have no market power.

True or false: on january 1, year one, the epstein corporation buys a plot of land with a four-story office building. the company believes the building is worth $1.9 million and has an estimated life of twenty years (with no anticipated residual value). the straight-line method is used. the land has an assessed value of $100,000. because the seller was interested in a quick sale, epstein was able to buy this land and building for $1.7 million. depreciation expense to be recognized in year one is $80,750.

Colorado rocky cookie company offers credit terms to its customers. at the end of 2018, accounts receivable totaled $715,000. the allowance method is used to account for uncollectible accounts. the allowance for uncollectible accounts had a credit balance of $50,000 at the beginning of 2018 and $30,000 in receivables were written off during the year as uncollectible. also, $3,000 in cash was received in december from a customer whose account previously had been written off. the company estimates bad debts by applying a percentage of 15% to accounts receivable at the end of the year. 1. prepare journal entries to record the write-off of receivables, the collection of $3,000 for previously written off receivables, and the year-end adjusting entry for bad debt expense.2. how would accounts receivable be shown in the 2018 year-end balance sheet?

Can someone me with general journal entry on this? ?