Answer:
Dr Amortization expense 5.50
Cr Accumulated Amortization - Patent 5.50
Explanation:
Preparation of Journal entries to Record the adjusting entry for patent amortization in 2016
Van Frank Telecommunications
Dr Amortization expense 5.50
Cr Accumulated Amortization - Patent 5.50
(To record amortization of patent)
Calculation for the Amortized expense
Cost of the asset $19.80
Annual amortization $2.20
($19.80 / 9 years)
Amortization till date (2012-2015) $8.80
($2.20*4)
Unamortized value ($19.80-$8.80) $11.00
Remaining life 2 years
Amortized expense ($11.00/2) $5.50
Answer: Boldovia will experience greater vacation in real GDP than Molfovia.
Explanation:
Boldovia will experience higher vacation in real gross domestic product (GDP) than Moldovia because Boldovia does not have automatic stabilizers while Moldovia has automatic stabilizers.
In Moldovia the effects of slump will be reduced by the unemployment insurance benefits, this will support residents incomes, and the effects of booms will be reduced because the tax revenues will rise. In Boldovia, incomes will not be supported during the period of slumps because of no unemployment insurance.
A trade deficit<span> occurs when a country has imports that exceed exports. ... It is expected that a fast-</span>growing<span> economy would pull in more imports as it expands to allow its residents to consume more than the country can produce. So, in some cases, a </span>trade deficit<span> could signal a </span>growing<span> economy.
This should Help :)</span>
Answer:
You record the description of the problem in the Remarks section on the back of the trip ticket.