1. Citing from the guidance as support, show the approximate journal entries that Jones would make upon installation of the equipment and upon receipt of customer payment. 2. Explain how you located the relevant guidance, including the search method used and which section you searched within the appropriate topic.

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Suppose for a consumer the marginal utility (mu) of bread is 20 utils and the mu of milk is 10 utils; the price of bread is $3 and the price of milk is $1. given this, a. more utility per dollar is gained from consuming bread than milk. b. more utility per dollar is gained from consuming milk than bread. c. the same amount of utility per dollar is gained from consuming milk as bread. d. the consumer is in consumer equilibrium.