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Gnoma [55]
3 years ago
10

What is the relationship between the gross public debt and the net public​ debt?

Business
1 answer:
timofeeve [1]3 years ago
3 0
The gross debt is the total amount of debt the gov. has issued . the difference is that the net debt does not include debt owned by the gov. to itself
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he income statement columns in the end-of-period spreadsheet show that debits are equal to $26,754 and credits are $68,142. what
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The information that the statement columns in the end-of-period spreadsheet mean to the accountant is the accounts have not been updated and a net income of $41,388. The correct option is b and c.

<h3>Who is an accountant?</h3>

An accountant is a person who manages and calculates the accounts or finance of a company, a firm, or a person. He calculates the capital of the person, manage taxes and give advice about the finance of the person.

Given that, debits are $26,754 and credits are $68,142. If we subtract the debit from the credit. We see a net income of $41,388.

Thus, the correct option is b. the accounts have not been updated. c, net income of $41,388.

To learn more about accountants, refer to the link:

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3 years ago
The distinction between substitutes and complements is
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Which of the following caused a recession in the years immediately following World War II? A surge in investment spending. Pent-
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The answer is cutbacks in defense production

One of the main reasons of the recession which was immediate after the world war 2 was the government's inability to produce anything as most expense was carried out in the event of the war which decreased the gross domestic product making the economy to fall into recession.

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C

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The president appoints a nominee to a judgeship, and then the Senate confirms the nominee.

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