Which of the following is a cause of Cost-Push Inflation? 1. lower labor costs
2. lower prices for raw materials
3. Higher tax discounts on products
4. Increases in the cost to produce

Gideon company uses the allowance method of accounting for uncollectible accounts. on may 3, the gideon company wrote off the $2,200 uncollectible account of its customer, a. hopkins. on july 10, gideon received a check for the full amount of $2,200 from hopkins. the entry or entries gideon makes to record the write off of the account on may 3 is:

When color is used on a topographical drawing, black is used to represent what?

Abank has $132,000 in excess reserves and the required reserve ratio is 11 percent. this means the bank could have in checkable deposit liabilities and in (total) reserves.