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3 years ago

URGENT!! NEED ANSWER ASAP The FBLA is only for students still in school. True False

Business

1 answer:

AleksAgata [21]3 years ago

5 0

Answer: False

Explanation: They have a division for college students , parents and educators.

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Finish Co. uses the allowance method to account for bad debts. At the end of 2010, Finish Co.'s unadjusted trial balance shows a

Marianna [84]

Answer:

$6000

Explanation:

Because you have to debit the Back Debts account. and 1% of 600,000 is 6000.

600,000 is the amount of sales.

7 0

3 years ago

How would you reconcile for a bank service fee listed on the statement?

konstantin123 [22]

To reconcile for a bank service fee listed on the bank statement, <u>C. enter it</u> into your external register in the same manner as a withdrawal.

<h3>What are bank service fees?</h3>

Bank service fees are charges imposed by financial institutions on their personal and business customers for account set-up, maintenance, and minor transactional services.

During bank reconciliation, the correct procedure is to record this transaction in the books as a reduction of the bank balance.

Thus, to reconcile for a bank service fee listed on the bank statement, take Option C.

Learn more about bank service charges at brainly.com/question/26494219

#SPJ1

3 0

2 years ago

Both country 1 and country 2 are located on their respective production possibilities frontiers (PPFs) for consumer goods and ca

nikdorinn [45]

Answer:

A) Country 1's PPF lies further to the right than country 2's PPF.

Explanation:

Production Possibility Curve shows the combination of two goods, that an economy can produce - by utilising given resources & technology best efficiently.

If country 1 produces twice the output of both goods compared to country 2. Then, country 1's PPF would lie further to the right than country 2's PPF. As, more quantities implies rightward shifted PPC, signifying more quantities of goods that can be produced.

Efficient or inefficient production leads to production inside or on PPC, doesn't shift PPC. Population change is also irrelevant in this case.

7 0

3 years ago

Nonprice competition refers to: Multiple Choice competition between products of different industries, for example, competition b

Mama L [17]

Answer:

advertising, product promotion, and changes in the real or perceived characteristics of a product.

Explanation:

As the name suggest Non-price competition is the competition where there is a competition not based upon the price but the product of the company would be different from the rival company on the basis of characteristics like design, labelling, etc

So according to the given options, last second option is correct

And, the same would be considered

6 0

3 years ago

Brown Company’s December 31, Year 1 balance sheet showed $1,800 cash, $200 accounts payable, $600 common stock, and $1,000 retai

never [62]

Answer:

Correct answer is $1,050 balance in retained earnings on the year 2 balance sheet

Explanation:

Retained earnings has a beginning amount of $1,000, then we incurred $1,700 revenue less the expense incurred in rent in the amount of $1,350 (1,800 / 12 months x 9 months). Then the company paid $300 dividends fro the year that is a deduction to the retained earnings balance.

Retained earnings beginning, $1,000

Add: Revenue 1,700

<u>Less: Rent expense (expired portion) 1,350</u>

Total $1,350

<u>Less : Dividends 300</u>

Total ending balance of retained earnings $1,050

*Prepaid rent balance at the end of year 2 is $450 ($1,800 - ($1,800 / 12 months x 9 months)

*Cash outflow from operating is not $1,700 because it is an inflow of cash from the revenue

3 0

3 years ago