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question 173

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Use the following to answer questions .
Exhibit: Simultaneous Shifts in Demand and Supply Use the following to answer questions . Exhibit: Simultaneous Shifts in Demand and Supply   -(Exhibit: Simultaneous Shifts in Demand and Supply)  D<sub>1</sub> and S<sub>1</sub> are original supply and demand curves, and S<sub>2</sub> and D<sub>2</sub> are new curves. In this market, the original equilibrium changed from point ________ to point ________ . A)  J; L B)  L; J C)  J; M D)  J; K
-(Exhibit: Simultaneous Shifts in Demand and Supply) D1 and S1 are original supply and demand curves, and S2 and D2 are new curves. In this market, the original equilibrium changed from point ________ to point ________ .

Define and explain each of the five elements of internal control.
Perform journal entries for cash transactions and adjustments.
Analyze and discuss internal control strengths and weaknesses.
Prepare lists and summaries related to cash handling and bank reconciliation tasks.

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