<span>Capitalist economic policies caused Kenya's economy to prosper.</span>
Backed through U. S. government, those economic contraptions are brief-time period debt responsibilities with the adulthood of fewer than twelve months. they're taken into consideration threat-unfastened investments: Treasury bill.
The U. S. government is comprised of three branches; the legislative branch, govt branch, and the judicial department. each department works collectively to set the legal guidelines of the U.S. The congress, senate, and residence of Representatives are underneath the legislative department, which makes the laws.
The U. S. government is the commonplace authority of us, a federal republic in North the USA, composed of 50 states, a metropolis inside a federal district, five main self-governing territories, and numerous island possessions.
U. S. government consists of three separate degrees: the federal authorities, the state governments, and neighborhood governments President is both the head of the nation and head of the government of America and the Commander-in-chief of the militia. Under Article II of the charter, the President is liable for the execution and enforcement of the laws created by using Congress.
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Answer:
IMPORTANT NOTE: The data of the calculation was obtained from an online research.
The answer and procedures of the exercise are attached in a microsoft excel document.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
Answer: Option C
Explanation: Moral hazard refers to a situation when an individual starts taking unnecessary avoidable risks, knowing that the potential loss will be bore by someone else.
In the given case right option is C, as the most effective way to avoid moral hazard is to hire those consultants who have a good image in market of not shirking and performing their duties well.
Answer:
Bad Debt A/c Dr $9,000
To Credit Allowance for Bad & Doubtful A/c $9,000
Explanation:
According to the scenario, the journal entry are given below:
Journal Entry:
Bad Debt A/c Dr $9,000
To Credit Allowance for Bad & Doubtful A/c $9,000
(Being the Bad debt A/c is recorded)
The computation for bad debts are given below:
Bad debts = Uncollectible Amount - Credit balance in Allowance for doubtful A/c
Where,
Uncollectible Amount = $12,000
Credit balance in Allowance for doubtful A/c = $3,000
By putting the value we get,
= $12,000 - $3,000
= $9,000
