In the balance of payments accounts, goods and financial assets that migrants bring to a country are included in the import and export of visible items and financial exchange respectively.
The balance of payments summarizes an economy's international economic dealings. These transactions consist of transfer payments as well as the export and import of products, services, and financial assets (like foreign aid).
In terms of international economics, a country's balance of payments is the difference between the total amount of money coming into the country over a specific time period and the total amount of money leaving the country for the rest of the world.
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Answer:
d. there will be both a debit and a credit to accounts receivable.
Explanation:
Bad debt is defined as the portion of accounts receivable that is considered to be lost and is written off as a loss to the business within a given period.
When a bad debt is written off it impacts directly on the profit of the business.
If an account has been collected after previously being written off, there will be a credit to accounts receivable to show an increase in a recievable by the business.
Also there is a debit to accounts receivable to show that the recovered funds has been moved to profit or revenue account of the business.
Statistics are used to describe the basic characteristics of study populations and other data sources.
Answer:
1.Owners are not agents of the corporation- True Managers and directors are the agents of the owners of the corporation. What owners do is not always on behalf of the corporation.
2. It is a separate legal entity.- True Corporate enjoy separate existence. Their assets and liabilities are different from that of their owners.
3. It has a limited life.- False Corporations have unlimite life. They continue to function even after the death of their owners.
4. Capital is more easily accumulated than with most other forms of organization.- True If a corporation needs capital, it cal raise money by issuing shares in the open market. People invest if the prospects are good and the company can gather more funds whenever required. It is also easier for a corporation to acquire loans.
5. Corporate income that is distributed to shareholders is usually taxed twice- True First the Income of the company is taxed which in a way..
Answer:
-12.00%
Explanation:
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