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Van Dorp Inc. in Orlando wants to increase the amount of its petty cash fund from $250 to $300. The journal entry for this increase is....
A) Petty cash $300
Cash $300
B) None of these
C) Cash $300
Petty cash $300
D) Petty cash $50
Cash $50

Respuesta :

Unresponsive to changes in product pricing, but expected to be responsive in the long run.

What exactly do users presume by a product?

A product is an item that is for sale. A item can be either a provider or a physical item. It can be physical, virtual, or cyber. Every product has a cost, and every product has a price. The price that is charged is set by the market, the excellence, the marketing, and the targeted segment.

What are the seven different types of products?

The eight types of goods are as follows:

  • Premium or high-end items.
  • Unwanted products.
  • Products that are specialized.
  • Commodities.
  • Preferences of customers.
  • Products for your convenience.
  • Goods that are complementary.

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