Answer:
The answer is D.
Explanation:
To increase asset and expense, you debit while credit decreases it.
To increase, liabity, revenue(income), equity, you credit while debit decreases it.
An insurance that has been prepaid is an asset because the benefit has not been fully utilised.
Samson and Sons has paid for an insurance that will expire December at the beginning of July.
$1,200 for 6 months.
Samson and Sons needs to recognize this as the service is being enjoyed monthly.
Therefore, insurance expense every month will increase by $1,200/6
$200
Remember that expense increase by debit and asset(Prepaid Insurance) decrease by credit.
So we have:
Debit insurance expense $200; Credit prepaid insurance $200
Answer:
$1,479
Explanation:
For computing the total deposit, first we have to determine the bank charges which is shown below:
= Merchandise sold × bank charges rate
= $1,500 × 1.4%
= 21
Now the total amount deposited would be
= Merchandise sold - bank charges
= $1,500 - $21
= $1,479
Simply we deduct the bank charges from the Merchandise sold so that the correct amount can come.
Answer:
demographic trends
Explanation:
Demographic trends cover statistics such as age, gender, religion and socioeconomic class.
I hope my answer helps you
Answer: Direct foreign investment
Explanation:
The direct foreign investment is one of the investment process that helps in controlling the business ownership and in this the investment is basically create by one organization in some other country or location.
The economic development and the easy international trading are the main benefit of the direct foreign investment.
According to the given scenario, the Oldhust corporation is one of the electronic company that basically bought the other electronic firm in the other country and this example is refers as the direct foreign investment.
Therefore, Direct foreign investment is the correct answer.
It is true that Costs, also called differential costs, are the additional costs from selecting a certain course of action.
<h3>What is
differential costs?</h3>
Differential cost serves as the difference between the cost of alternative decisions.
Therefore, It is true that Costs, also called differential costs, are the additional costs from selecting a certain course of action and the cost do take place when a business have several similar options,
Learn more about differential costs, at
brainly.com/question/25799822
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