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AfilCa [17]
1 year ago
14

The economic development of a country is dependent on all of the following except Part 2 A. improving education. B. limiting pro

tectionism in the world economy. C. establishing a stable system of property rights. D. promoting protectionist barriers.
Business
1 answer:
Stolb23 [73]1 year ago
5 0

The economic development of a country is dependent on all of the following except promoting protectionist barriers. Hence, option D is correct.

What is Economic Development?

  • Economic and social development is the process through which the economic well-being and quality of life of a country, region, local community, or an individual are enhanced in accordance with specific aims and objectives, according to the economics study of the public sector.
  • Although the phrase has been widely used in the 20th and 21st centuries, the idea has been around in the West for much longer.
  • The terms "Westernization," "industrialization," and "modernization" are also frequently used when referring to economic progress. Prior to the 1960s, economic development programs tended to place more of an emphasis on infrastructure and industrialization than on reducing poverty.

Know more about Economic Development brainly.com/question/22690298

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Answer:

Explanation:

Answer:

On Dec 31, 2012 Lee's liability would be $9,500 (principal amount) and $38 (accrued interest)

Explanation:

Lees notes:

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On the 31st 18 days would have accrued of the 45days = 18/45 x $95 = $38

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When the full interest became due we will pass an additional entry:

Dr. Lee with $58

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(Being the balance interest on receivables due )

On Jan 27 when Lee paid her interest and principal amount, we will:

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Tomas notes:

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At this time we will:

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On June 1 when Tomas paid his interest and principal amount, we will:

Debit Accounts receivable with $5,000

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( being liquidation of Tomas indebtedness)

Hiroshi Cheng notes:

Accepted a $2,000, 30-day, 9% note dated March 17 in granting Hiroshi Cheng a time extension on his past-due account receivable.

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Credit Accounts receivable with $2,000

(Being receivables payable balance and interest on balance owed by Cheng)

However Cheng failed in paying up. It was decided to write off the debt.

The entries would be:

Dr. Accounts receivables $2,000

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