Answer:
$100,000
Explanation:
Allowance as at December 31, Year 2 $100,000
This will be recorded as it is expense for the year 2
Bad Debt Expense Dr.$100,000
Account Receivable Cr.$100,000
Answer:
B)learn, adapt and adjust to others
Explanation:
Partnership is a form of business owned by two or more people. They raise capital and when profit is made, the partners share profits. The success of the partnership will be determined by several factors. Since the business is owned by both parties with different personalities, willingness to learn, adapt and adjust to others is necessary. Reckless decisions making however, would affect all partners since each will be directly affected by these bad decisions.
Answer:
a. Have a comparative advantage in some products.
Explanation:
France, Bolivia, and Taiwan have a comparative advantage in some products.
Economists call this a change in demand as the curve is directly linked to the demand of the product. When the demand goes up or down the curve moves left or right accordingly.
