While creating a loyal brand community is useful for large companies, it is not cost-effective for small firms

For the month of September, Countrywide Sales, Inc. recorded gross pay of $74,500. The net pay for the month amounted to $59,500. The salaries are paid on October 5. Which of the following is the journal entry for the payment of salaries?

A) Salaries and Wages Payable 59,500 Cash 59,500 B) Salaries and Wages Payable 74,500 Cash 74,500 C) Salaries and Wages Expense 59,500 Cash 59,500 D) Cash 74,500 Salaries and Wages Expense 74,500

A typical supply curve shows that an increase in the price of a good will cause the quantity supplied to:

A. decrease. B. increase. C. remain constant. D. fluctuate randomly around its equilibrium value.