Answer:
Explanation:
The journal entry is shown below:
Building A/c Dr $312,276
Land A/c Dr $276,924
To Cash A/c $61,900
To Notes payable A/c $527,300
(Being the purchase of building and land for cash and note payable is recorded)
The computation of the notes payable is shown below:
= Total purchase value - cash paid
= $589,200 - $61,900
= $527,300
Answer:When a country's GDP is high it means that the country is increasing the amount of production that is taking place in the economy and the citizens have a higher income and hence are spending more. However, increase in GDP does not necessarily increase the prosperity of each and every income class of the nation.
Explanation:
Those who try to benefit from a carry trade are hoping to borrow money at a low interest rate so that they can invest in something that will provide a higher return. People commonly do this between different foreign exchange markets to make the most on their return from investing in different country currencies.
In a product distribution franchise, franchisees act as dealers, retailers, or
Of the franchisor’s products.
Explanation:
There are different types of franchises that are based around a certain need of the firm or sometimes even the government on its sanction to provide a certain type of service in a franchise with the owners..
So it is to be seen that for a product distribution franchise too, that should be the case.
It is the case as the franchisees act as dealers, retailers or sellers of the products that are made inside the franchise or by the propitiate.
