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3 years ago

If a nation exports more than it imports, it has a trade

1 answer:

5 0

The best answer to the question above would be letter b. surplus. If a nation exports more than it imports, it has a trade surplus. A trade surplus is when the nation has too many goods and they have to export it. Importing would be a bad decision since more goods are added to the economy.

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A state of equity is present when?

Helga [31]

Answer:

A state of Equity is present when there is a fair condition and just inclusion into a society.

Equity exists when those who have been most neglected have equal access to opportunities, power, participation and resources available. They also have good sources to safe, healthy, productive and fulfilled lives.

6 0

3 years ago

On December 1, delivery equipment was purchased for $6,144. The delivery equipment has an estimated useful life of four years (4

Akimi4 [234]

Answer and Explanation:

The presentation is shown below;

Depreciation expense

Adjustment $128 ($6,144 ÷ 48 months)

Accumulated depreciation

Adjustment $128

The journal entry is

Depreciation expense $128

To Accumulated depreciation $128

(Being depreciation expense is recorded)

Here the depreciation expense is debited as it increased the expense and credited the accumulated depreciation as it decreased the asset

6 0

3 years ago

In 2018, it was discovered that Jenson Technologies had debited an expense account for the $400,000 cost a computer purchased on

satela [25.4K]

Answer:

Explanation:

journal entry will Jenson use to correct the error

Date Account Titles And Explanation Debit Credit

Computer $400,000

Accumulated depreciation ($100,000 × 2 years) $200,000

Retained earnings ($400,000 - $200,000) $200,000

Annual depreciation = (Cost - Salvage Value) / 4

= ($400,000 - 0) / 4

= $100,000

6 0

3 years ago

Employees who perform security monitoring functions within an organization fall under the classification of information security

STALIN [3.7K]

The <span>under the classification of information security positions that Administer.
Employees who administer the security position refers to a group of people that execute the security measures that already previously planned for company's day to day operation such as CCTV watcher, Guards at the gates, warehouse security, etc.</span>

6 0

3 years ago

Washington Inc. issued $846,000 of 6%, 20-year bonds at 98 on January 1, 2009. Through January 1, 2017, Washington amortized $9,

MA_775_DIABLO [31]

Answer:

Bond discount at the issuance of bond = $846,000 - ($846,000/100 *98)

Bond discount at the issuance of bond = $846,000- $829,080

Bond discount at the issuance of bond = $16920

Bond Payable = $846,000

Un-amortized bond discount = $16,920 - $9,840

Un-amortized bond discount = $7,080

Redemption Value of Bond = 102/100 * $846,000

Redemption Value of Bond = $ 862,920

Loss on retirement on Bond = Redemption Value of Bond - (Bond Payable - Un-amortized bond discount)

Loss on retirement on Bond = $862,920 - ($846,000 - $7,080)

Loss on retirement on Bond = $862,920 - $838,920

Loss on retirement on Bond = $24,000

5 0

4 years ago