Answer:
False
Explanation:
Revenue tariff means increasing earnings. It will raise government revenue instead of protecting domestic ventures. It is a direct income in the form of tax to obtain from corporate revenues.
On the other hand, protective tariffs are designed to protect domestic producers. It protects local manufacturers by imposing a heavy duty on imported products, which enables the products to become less attractive. Therefore, the aim is to reduce imports.
Answer:
II-2.4000 Substantial limitation of a major life activity.
Explanation:
To constitute a "disability," a condition must substantially limit a major life activity. Major life activities include such activities as caring for one's self, performing manual tasks, walking, seeing, hearing, speaking, breathing, learning, and working.
Everyday low.
Everyday low pricing is one of Walmart's strategies where they keep a constant low price with few or no temporary price discounts in order to create brand awareness and dependable flow of revenue and customers. This strategy creates consistency in the statement of cash flows for the seller's products.
Answer:
The journal entry is shown below.
Explanation:
The journal entry to record the allowance for doubtful account is shown below:
Allowance for Doubtful A/c Dr $4,300
To Accounts Receivable $4,300
(Being Doubtful A/c allowance is recorded)
As bad debts are recorded as expenses to a company, hence they are debited from the account.
Here we use allowance method to record the write-off as company already has a allowance for the bad debt expense.