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Andreyy89
3 years ago
15

Which language is the most common for worldwide trade and business?

Business
2 answers:
Brrunno [24]3 years ago
8 0
I Think English is the most common Language for worldwide trade and business

fenix001 [56]3 years ago
4 0

Answer:

C) English

Explanation:

English is the most common language used in worldwide trade and business, and the US dollar is the most commonly used currency in worldwide trade and business.

Even though Mandarin Chinese is the most spoken language in the world, its influence is not very large outside of southern Asia. English is so commonly used as a universal language between different countries, that the European Union still uses it as its official language even though the UK is leaving them and only Ireland speaks English.

About 60% of the total US dollars are held outside the US and are generally used as a hard currency for trade operations.  

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The effect the entry to recognize the uncollectible accounts expense for Year 2 will have on the elements of the financial statements are that it will reduce Accounts Receivable to $15,560 and the Allowance for Doubtful Accounts to $1,900 at the end of Year 2.

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