If prices are inflexible, then a negative demand shock will lead to Group of answer choices a short-run decrease in prices. a short-run increase in real GDP. a short-run decrease in real GDP. no change in prices

Double corporation acquired all of the common stock of simple company for

Need with an adjusting journal entrycmc records depreciation and amortization expense annually. they do not use an accumulated amortization account. (i. e. amortization expense is recorded with a debit to amort. exp and a credit to the patent.) annual depreciation rates are 7% for buildings/equipment/furniture, no salvage. (round to the nearest whole dollar.) annual amortization rates are 10% of original cost, straight-line method, no salvage. cmc owns two patents: patent #fj101 and patent #cq510. patent #cq510 was acquired on october 1, 2016. patent #fj101 was acquired on april 1, 2018 for $119,000. the last time depreciation & amortization were recorded was december 31, 2017.before adjustment: land: 348791equpment and furniture: 332989building: 876418patents 217000

Oswald purchased land for $48,000 and paid an additional $2,000 to install parking space. the entry to record the payment for the parking space is: