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BabaBlast [244]
3 years ago
11

The export-import bank ____. is an international financial institution that provides loans for capital programs provides finance

to facilitate trade between united states and other countries is an independent agency of the united nations focuses on policies that have an impact on the exchange rate and the balance of payments
Business
1 answer:
finlep [7]3 years ago
7 0
World bank is an international financial institution that provides loans to the countries of the world for capital programs. 
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Depletion glacier mining co. acquired mineral rights for $494,000,000. the mineral deposit is estimated at 475,000,000 tons. dur
Snezhnost [94]

Answer:

a.

1.04 per ton

b.

$32,760,000

c.

Dr. Depletion Expense           $32,760,000

Cr. Accumulated Depletion   $32,760,000

Explanation:

Depletion is an estimated cost of a natural resource that is extracted. This resource is expensed as the extraction is made.

As per given data

Value of Rights = $494,000,000

Estimated resources = 475,000,000 tons

Resources extracted in the period = 31,500,000 tons

Depletion expense is based on ratio of the amount of extraction in period to the total expected resource.

a.

Depletion Rate = $494,000,000 / 475,000,000 tons = $1.04 per ton

b.

Depletion Expenses = $1.04 x 31,500,000 tons = $32,760,000

c.

Depletion Expense is recorded by the debit entry because the expenses has the debit nature and accumulated depletion is credited because it is an contra asset account which have credit nature.

8 0
3 years ago
Gomez Corp. uses the allowance method to account for uncollectibles. On January 31, it wrote off an $2,800 account of a customer
laila [671]

Explanation:

The Journal entry is shown below:-

On Jan 31

Allowance for doubtful accounts $2,800

                     To Accounts receivable - C. Green $2,800

(Being the uncollectible amount is recorded)

Mar 09

Accounts receivable - C. Green $2,300

               To  Allowance for doubtful accounts $2,300

(Being the written off amount is recorded

Mar 09

Cash $2,300

              To Accounts receivable -  C. Green $2,300

(Being the payment is received is recorded)

7 0
3 years ago
Read 2 more answers
The net of a triangular prism is shown below.
harkovskaia [24]

The perimeter is the sum of all three sides of the triangle. In this case it is 18.

<u>Explanation:</u>

In geometry, a triangular crystal is a three-sided crystal; it is a polyhedron made of a triangular base, a deciphered duplicate, and 3 faces joining comparing sides. A privilege triangular crystal has rectangular sides, else it is angled.

A triangular prism has two triangular bases and three rectangular sides and is a pentahedron since it has five countenances. Outdoors tents, triangular rooftops and "Toblerone" wrappers - chocolate pieces of candy - are instances of triangular prisms.

6 0
3 years ago
When writing a check, you complete all of these steps except for _____.
drek231 [11]

Answer:

SIGNING THE BACK OF THE CHECK

6 0
2 years ago
Although the "Great Recession" that began in late 2007 ended officially in the summer of 2009, the U.S. economy had staged only
Advocard [28]

Answer: balance sheet

Explanation: The modest recovery of the U.S. economy after the Great Recession has been described by economists as typical of a balance sheet recession which is characterized by great savings, reduction in debts by individuals or companies collectively, as opposed to spending or investing which serve as stimulants for economies. This is usually attributed to high levels of private sector debts and as a result, there is general economic decline or slow growth.

7 0
3 years ago
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