William's restaurant buys cupcakes from james'bakery. the credit terms are 1%/5/net 15. the purchase price is $1.50 per cupcake. william uses a perpetual inventory system. william's most recent purchase is for 1,000 cupcakes. what amounts are entered into each account to record the transaction in which the cup cakes are purchased?

He interest rate effect is the change in real gdp caused by the federal reserve adjusting target interest rates. is the change in consumer and investment spending due to changes in interest rates resulting from changes in the aggregate price level. is the change in exports and imports, resulting from changes in the interest rate caused by changes in the aggregate price level. is the change in investment spending and government purchases caused by changes in money demand. is the change in interest rates, caused by changes to government purchases.