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3 years ago

True or false? West African coastal countries have borrowed money from the World Bank and the International Monetary Fund.

2 answers:

4 0

True, West African countries borrowed money fro the World Bank and the International Monetary Fund. West African countries are developing economies which similar to other developing economies in Africa and the rest of the world have taken loans and development funds from the IMF and the World Bank.

lisov135 [29]3 years ago

3 0

True, West African coastal countries have indeed borrowed money from the World Bank and the International Monetary Fund.

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In the balance sheet at the end of its first year of operations, Dinty Inc. reported an allowance for uncollectible accounts of

Vlada [557]

Answer:

The correct option is 2. $50,200

Explanation:

Please see below the required journals for the transactions that occurred:

Debit Allowance for doubtful accounts $31,800

Credit Accounts receivable $31,800

(To record write-off of accounts receivable)

Debit Accounts receivable $2,340,000

Credit Sales revenue $2,340,000

(To record credit sales during the year)

Debit Cash $1,910,000

Credit Accounts receivable $1,910,000

(To record collection on account)

The effect of the above journals on allowance for doubtful account is a reduction. Since Dinty already assessed its allowance for doubtful account to be $82,000, bad debt expense required will be $50,200 ($82,000 - $31,800).
The balance in accounts receivable will be $2,340,000 - $1,910,000 - $31,800 = $398,200.

7 0

3 years ago

Which of the following are characteristics of a project team?

finlep [7]

Characteristics of a project team are team meetings happen virtually or face to face.

<h3>Project team: What does that mean?</h3>

A project team or team is described as "an interdependent collection of individuals who work together towards a similar goal and who share responsibility for specific results of their organizations" in a project.

The five jobs that make up a project team—project manager, project team member, project sponsor, executive sponsor, and business analyst—are explained here, along with an explanation of each one's duties. Depending on the situation, a small business might have just one staff that works on many tasks. The group, for instance, might be working on a new product the following day after spending the previous day at a trade fair gathering sales leads.

To know more about project team visit:

brainly.com/question/6225787

#SPJ4

6 0

1 year ago

What is an economic factor on a business

blsea [12.9K]

Hi there!

Information:

First, allow us to observe what an "economic factor is".

- An economic factor is data taken out of market and economy.

- Economic factor may include certain costs. And these costs well be in our answer.

Problem-Solving / Answer

Now, we figure out what economic factors we can find.

Tax rates - tax rates can include an Economic factor.

Laws - Laws are a known economic factor.

Unemployment - Big one, at this time due to COVID-19, unemployment rates are flying off the charts. This is an example of an economic factor.

Important Keywords;

- Data ; Data can be information taken from a place, for example, you have taken data from a chart.

Learn more:

Push factors: brainly.com/question/13553564

Economic growth: brainly.com/question/13023127

8 0

3 years ago

If a sales associate is working with a buyer in a residential transaction as a customer, not a client, what type of brokerage re

aleksklad [387]

The type of brokerage relationship that must be disclosed between the parties is known as Nonrepresentation.

<h3>What is a Non-representation?</h3>

This refers to the promise that a wrong statement will not be disclosed to one party to mislead them.

Hence, this is what have to be disclosed in type of brokerage relationship between the parties.