Answer:
Explanation:
1. Accounts Receivable - Asset (Come under Current Asset)
2. Equipment - Asset (Come under Fixed asset)
3. Fees Earned - Revenue (Come under income statement)
4. Insurance Expense - Expense (Come under income statement)
5. Prepaid Advertising - Assets (Come under Current Asset)
6. Prepaid Rent - Asset (Come under Current Asset)
7. Rent Revenue - Revenue (Come under income statement)
8. Salary Expense - Expense (Come under income statement)
9. Salary Payable - Liability (Come under current liabilities)
10. Supplies - Asset (Come under Current Asset)
11. Supplies Expense - Expense (Come under income statement)
12. Unearned Rent - Liability (Come under current liabilities)
Answer:
false
Explanation:
False. The location-specific advantages argument associated with John Dunning does help explain the direction of FDI. However, the location-specific advantages argument does not explain why firms prefer FDI to licensing or to exporting.
quizlet
To enhance our ability to assess and manage risk in specific driving situations we should assume that a dangerous situation may occur.
Given an incomplete sentence related to the ability to manage and assess the risk in specific driving situations.
We are required to fill the blank given in the sentence so that the sentence will give adequate meaning.
The words which are to be filled in the sentence are "assume that a dangerous situation may occur",
While driving there is a risk of accident so when someone is assessing the risk of specific driving then he has to take in consideration that any dangerous situation can occur. We know that the thinking that the accident may occur is negative but an analysts has to think multidimensional.
Hence to enhance our ability to assess and manage risk in specific driving situations we should assume that a dangerous situation may occur.
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Answer:
$756,000
Explanation:
Allowance for Bad Debts opening ($24,000)
Allowance for Bad Debts Closing $780,000
(13,000,000)*6%
Allowance Bad Debt Expense for the year $756,000