Answer: Swaps
Explanation:
A foreign exchange swap is a written agreement between two parties with different currencies to exchange such currencies at a specific period of time. In a swap deal, one party to the agreement gives out currency to the other party while also collecting collecting currency from such party. The written agreement usually contains such details like the interest on the amount of exchange, as well as the loan value of one currency against the other.
Raise;decrease is the answer to this question
<span>Double-entry bookkeeping, in accounting, is a system of bookkeeping so named because every entry to an account requires a corresponding and opposite entry to a different account. The double entry has two equal and corresponding sides known as debit and credit.</span>
Answer:
<em><u>Crop rotation gives various benefits to the soil. ... Crop rotation is one component of polyculture. Shifting cultivation is an agricultural system in which plots of land are cultivated temporarily, then abandoned and allowed to revert to their natural vegetation while the cultivator moves on to another </u></em><em><u>plot</u></em>
<em><u>(</u></em><em><u>I </u></em><em><u>think,</u></em><em><u> </u></em><em><u>I'm </u></em><em><u>not </u></em><em><u>sure)</u></em><em><u> </u></em><em><u>¯\_(ツ)_/¯</u></em>
Answer: a. Credit to Unrealized Gain-Equity for $4,000.
Explanation:
Because the investment is an AVAILABLE FOR SALE investment, gains and losses made on it are recorded under COMPREHENSIVE INCOME in the Equity section as Unrealized gains or losses.
Because this is profit, it is treated as Unrealized gains and is Credited in the Equity section under Comprehensive income.
You however only record the gains or losses and not the whole amount because the investment is recorded at Fair Value as an asset.
Therefore in this scenario, the gain is $20,000-$16000 which is $4000. That is what is recorded as an Unrealized gain.
