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finance Powell Company began the 2016 accounting period with $40,000 cash,$86,000 inventory, $60,000 common stock, and$66,000 retained earnings. During 2016, Powell experienced the following events: **1.** Sold merchandise costing $58,000 for$99,500 on account to Prentise Furniture Store. **2.** Delivered the goods to Prentise under terms FOB destination. Freight costs were $900 cash. **3.** Received returned goods from Prentise. The goods cost Powell$4,000 and were sold to Prentise for $5,900. **4.** Granted Prentise a$3,000 allowance for damaged goods that Prentise agreed to keep. **5.** Collected partial payment of $81,000 cash from accounts receivable. \ **Required** Record the events in general journal format. Verified answer Recommended textbook solutions
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Marketing Essentials: The Deca Connection1st EditionCarl A. Woloszyk, Grady Kimbrell, Lois Schneider Farese 1,600 solutions What is Stage 4 demographic transition?STAGE 4: LOW GROWTH RATE. A nation enters Stage 4 of the demographic transition model when CBRs equal to or become less than CDRs. When CBRs are equal to CDRs, a nation will experience zero population growth (ZPG). It should be noted that sometimes a nation could have a slightly higher CBR, but still experience ZPG.
What are the 4 stages of the demographic transition quizlet?There are four stages in the demographic transition. Low growth, high growth, moderate growth, and low growth. When a country enters stage four, it has in sense completed a cycle. It began with a low natural increase is stage one.
Which of the following countries is in Phase 4 of the demographic transition model?Today, some countries that are considered Stage 4 DTM include China, Argentina, Canada, Australia, Brazil, Singapore, South Korea, the United States, and most countries within Europe.
What is true about a country that is in Phase 4 of demographic transition?In Stage 4, birth and death rates are both low, stabilizing the population. These countries tend to have stronger economies, higher levels of education, better healthcare, a higher proportion of working women, and a fertility rate hovering around two children per woman. Most developed countries are in Stage 4.
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