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Iteru [2.4K]
2 years ago
7

licensing is perhaps the easiest method of entering into international trade. another method of entering international trade, wh

ich can be relatively low risk, is
Business
1 answer:
Mkey [24]2 years ago
4 0

another method of entering international trade, which can be relatively low risk, is exporting

International Trade

International trade is the exchange of capital, products, and services across international borders or territories because goods or services are required or desired. In most countries, such trade accounts for a major portion of GDP.

To learn more about International Trade

brainly.com/question/15115779

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Feb. 2 Wrote a $350 check to establish a petty cash fund. 5 Purchased paper for the copier for $14.55 that is immediately used.
Nataly [62]

Answer:(1) Dr: petty cash $350, Cr: Cash $350, (2) Total delivery expense $16, Total Milleage expense $71, Total postage expense $65.55, Total merchandise inventory( Transportation -in) $42.4, Total office supplies $81.32, Petty Cash Balance $204.67 (3) a) Dr : Expenses $326.29, Cr : Cash $326.39 (b) Dr: petty cash $490, Cr: Cash $490

Explanation:

Journal entry to establish the petty cash fund

Dr : petty cash $350

Cr: : Cash $350

Journal entry to record the reimbursement

Dr : Expenses $326.39

Cr: Cash $326.39

Journal entry to record the increase in fund amount

Dr:petty cash $490

Cr: cash $490

Total delivery expenses $16

Total mileage expenses $71

Total postage expenses $65.55

Total merchandise inventory (Transportation -in) $42.4

Total office supplies $81.32

Amount received for reimbursement $326.39

Petty Cash Balance $204.67

7 0
3 years ago
How is health insurance different from auto insurance?
Bess [88]

While both types of insurance are required, if you do not have health insurance, you will be required to pay a fee on your taxes.

FYI, while this used to be true the United States has recently removed the requirement known as the "individual mandate" for people to have health insurance or face a penalty.

6 0
3 years ago
Nick and Dale owned Buddy Corporation and had contacted Kurt's Warehousing to about storing some goods. Per the warehouse receip
pantera1 [17]

Answer:

Flex warehousing

Explanation:

Flex warehousing also known as Public Warehousing, is a form of warehousing in which various firms seek to store high-turnover product in spaces for short periods of time.

It is a type of warehouse space which allows many clients' products to be received, handled, stored, and transported out in a flexible environment.

It is used to cater for overflow of goods, so as to maximize the space and labor reserved for only one contract client at a time.

Hence , in this case, this is an example of FLEX WAREHOUSING.

8 0
3 years ago
Rearrange the letters
Illusion [34]

Answer:

Jesus loves you have a blessed day!

Explanation:

6 0
3 years ago
The deprecation method that charges more expenses in earlier years than in later years is
vlabodo [156]
Double-declining balance. Keep in mind there are three main ways to depreciate: straight-line, units of production, and double declining balance. Straight-line means depreciating the same amount every year. Units of production is based off your production levels for the year. Double declining means you depreciate more in earlier years (2 times your straight-line rate) and depreciate less in later years. 
4 0
3 years ago
Read 2 more answers
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