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shutvik [7]
3 years ago
7

Which word means a formal agreement between two or more governments?

Business
2 answers:
Lapatulllka [165]3 years ago
8 0

The correct answer is Treaty (Apex)                                                                          

katovenus [111]3 years ago
5 0
A bilateral is a formal agreement between two or more governments!
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On July 1 of the current calendar year, Olive Company paid $8,200 cash for management services to be performed over a two-year p
Andrew [12]

Based on the amount paid by Olive Company for the two year period, the adjusting entry on December 31 would be a debit to an expense and a credit to prepaid expense for $2,050.

<h3>What would be the adjusting entry?</h3>

Based on the accrual method, only costs for the year can be recorded as expenses.

If any costs are for other periods, those costs would be credited to prepaid expenses.

The expense for this year for management services would be:

= Number of months from July to December x Amount paid / number of months in contract

= 6 months x 8,200 / 24 months

= $2,050

In conclusion, expenses will be debited $2,050.

Find out more on prepaid expenses at brainly.com/question/9270086.

4 0
2 years ago
Abardeen Corporation borrowed $90,000 from the bank on October 1, 2016. The note had an 8 percent annual rate of interest and ma
djyliett [7]

Answer:

A) $0, no cash paid in 2016, both interest and principal were paid on March 31, 2017.

B) = [($90,000 x 8%) / 12] x 3 months = ($7,200 / 12) x 3 = $600 x 3 = $1,800

C) = $90,000 + $1,800 = $91,800

D) = ($600 x 6 months) + $90,000 = $3,600 + $90,000 = $93,600

E) = $600 x 3 months = $1,800

3 0
3 years ago
Controllable costs for responsibility accounting purposes are those costs that are directly influenced by which of the following
AnnZ [28]

Answer:

The correct answer is B

Explanation:

Controllable cost is the one which can be altered or changed in the short term and it is considered to be controllable when the decision incur it reside with the person. But if the cost is imposed by the third party on the organization, will not be considered as the controllable cost.

So, it is that cost which is directly influenced by the manager within a stated period of time.

5 0
3 years ago
If you were a business owner, which one would be more important to you (making money or being happy)?
OleMash [197]

Answer:

being happy

Explanation:

5 0
3 years ago
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A price ceiling is a legislated price that is:________
Sergeeva-Olga [200]

Answer:

set above the equilibruim price

6 0
1 year ago
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