On November 1, Candid Equipment had a beginning balance in the Office Supplies account of $1,100.

During the month, Candid purchased $2,300 of office supplies.

At November 30, Candid Equipment had $1,700 of office supplies on hand.

Requirements

1.The Office Supplies T-account has been opened for you. Enter the beginning balance and purchase of office supplies.

2.Record the adjusting entry required at November 30.

3.Post the adjusting entry to the two accounts involved, and show their balances at November 30

Suppose life expectancy in years (l) is a function of two inputs, health expenditures (h) and nutrition expenditures (n) in hundreds of dollars per year. the production function is upper l equals ch superscript 0.40 baseline upper n superscript 0.60l=ch0.40n0.60. beginning with c = 1, a health input of $400400 per year (hequals=44) and a nutrition input of $400400 per year (nequals=44), show that the marginal product of health expenditures and the marginal product of nutrition expenditures are both decreasing. the marginal product of health expenditures when h goes from 44 to 55 is nothing, and the marginal product of health when h goes from 66 to 77 is nothing. (round your answers to three decimal places.)