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Lisa [10]
1 year ago
15

A country with a trade surplus generally has a favorable balance of payments, which means?

Business
1 answer:
Anna [14]1 year ago
4 0

Trade with foreign nations brings in more money for the nation than it expends.

Why is there a trade surplus?

A trade surplus is an economic indicator indicating a favorable trade balance where a nation's exports are more than its imports.

Total Value of Exports minus Total Value of Imports is the trade balance.

When the outcome of the computation above is positive, there is a trade surplus.. It takes place when the outcome of the aforementioned computation is negative and is the opposite of a trade surplus, which denotes a net inflow. The Bureau of Economic Analysis in the US publishes trade balances on a monthly basis.

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The _____ section of the business plan tells the reader what the organization is committed to doing.
Andru [333]
Accounts department
6 0
3 years ago
Acme enterprises began the new year owing its suppliers $3,000 for merchandise purchased last year. Acme then sold half of this
Zanzabum

Answer:

$8500

Explanation:

Beg AP bal = 3000

Sold 1/2 of merch on acct = add 2500

Paid suppliers = subtract 1000

Bought more merch on acct = add 4000

3000 + 2500 - 1000 + 4000 = 8500

Ending AP bal = 8500

4 0
2 years ago
Book store owner, Sandra Walker, has a personal check from one of her customers, payable to The Book Nook. Sandra wants to depos
german

Answer:

see below

Explanation:

Endorsing a check is communicating to the bank how a check is to be cashed. A restrictive endorsement puts limits on how a check or other financial instruments are to be used.

The most common type of restrictive endorsement is for the payee to write the words" for deposit only" at the back of the check. The payee then signs and indicates their account number. This instructs the banks to pay the check amount to that account.

Sandra walker should write the words "for deposits only" at the back of the check. She has to indicate the bank account number for The Book Nook and sign at the back.

4 0
2 years ago
A reversing entry is the exact opposite of an adjusting entry made in a previous period. is made when a business disposes of an
Ulleksa [173]

Answer: A reversing entry: <em><u>"is the exact opposite of an adjusting entry made in a previous period.".</u></em>

<em><u /></em>

Explanation: Reversion entries are an end-of-the-year technique that involves the reversal, on the first day of the new accounting period, of those end-of-year adjustment entries that cause expenses or income and therefore will result in payments or cash receipts. Its purpose is to allow company personnel to record routine transactions in a standard manner without referring to previous adjustment entries.

7 0
2 years ago
You have a client, Henry, who does much of his business overseas, and his assistant, sister Avery, often drops off checks at the
ss7ja [257]

It is not permissible to sign the documents on the behalf of the other person.

<h3>What is Business Overseas?</h3>

Business Overseas refers to the business with is outside the country often referred as the International Business. It involves the exchange of the goods and services outside the country.

According to the above scenario, Henry has the international business forgets to sign the critical documents in his absence to the particular place he offers his assistant to sign the papers which is not permissible for him to do so.

Learn more about overseas here:

brainly.com/question/15056320

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5 0
1 year ago
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