Answer:
Explanation:
debit Unearned Revenue 200
credit Revenues 200
To realize one month of insurance premium revenue
Answer:
Bad debt expenses = $4,000
Explanation:
Debit Credit
Bad debt expense $4,000
Allowances for doubtful accounts $4,000
Workings
= $5,000 of receivables - $1,000 of Allowance for doubtful account
= $4,000
Answer:
ansure safe and healthful working conditions for workers by setting and enforcing standards and by providing training, outreach, education and assistance.
Explanation:
Answer:
The value of intermediate goods sold during a period.
Explanation:
GDP: <em>Gross domestic product</em> include the services and the value of finished products in a given period.
However, the <em>intermediary goods </em>aren't accounted for as, there will be an error of double counting. <em>Because </em>when you count for an <em>intermediary good </em>and that good is now <em>finished</em> and part of another good, when you will count that <em>finished good</em>, the value of that intermediary good will be counted also, so this will double the numbers of your <em>GDP </em>and you will make an error.
The correct answer is personal income.
A country’s personal income is the amount of income received by all of the country’s people in a given time period.
