<span>Start with a beginning balance, typically a year-end balanced previously reconciled.Reconcile receipts.Reconcile disbursements.<span>Complete it with the ending balance, typically the current year-end.</span></span>
I'm guessing it would be intellectual capital
C.
A Forward Rate Agreement (FRA) is an OTC rate derivative in which the buyer will pay or receive at maturity the difference between a fixed rate and a reference interest rate applied onto either a borrowing or lending (the notional is never exchanged), for a specific period of time.
Answer:
3. the difference between the lease payments receivable and the fair value of the leased property.
Explanation:
The lessor should remove the book value of the asset from its balance sheets and replace it with the amount that he will receive. To do this, the lease receivable in a direct-financed lease is best defined as the differences between the receivable lease payments less the book value of the asset when it was sold.
Answer:
D) The discovery of oil reserves has resulted in a rightward shift of the long-run aggregate supply curve.
Explanation:
Since the discovery of oil, Almora's gross domestic product will start to grow (both nominal and real GDP). Since the aggregate supply exceeds the real GDP, it is reasonable to expect that the GDP will continue its expansion for several years. The only factor that can diminish economic expectations is that inflation increases so much that it will end up hurting the economy.
Having huge oil reserves doesn't mean that the standard of living has improved. Just look at Qatar, United Arab Emirates, Saudi Arabia, etc. The populations of these countries is either extremely rich or very poor. Or we can look at Venezuela and realize that everyone that doesn't work for the government is poor.
This scenario usually repeats in countries that rely only on natural resources.