Answer:
Option (C) is correct.
Explanation:
Net exports is defined as the difference between the two components that are as follows:
(1) Exports
(2) imports.
Net exports = Exports - Imports
If there is a fall in the amount of exports of a nation then as a result the net exports of that nation falls and if there is a rise in the imports of a nation then this will also lead to reduce the net exports of that nation.
Answer: $198,515.29, $207,693.20, $209,903.91
Explanation:
Interest calculations:
1. Compounded annually
= A=50,000(1+0.09)^16
A= 50,000(1.09)^16
A=50,000(3.97030588)
A= $198,515.29
2. Compounded quarterly
= A=50,000(1+0.09/4)^16*4
=A= 50,000(1.0225)^64
A=50,000(4.15386394)
A= $207,693.20
3. Compounded monthly
=A=50,000(1+0.09/12)^16*12
A= 50,000(1+0.0075)^192
A=50,000(4.1980781995)
A= $209,903.91
Answer:
Dr Supplies Expense $4050
Cr Supplies $4050
Explanation:
Preparation for the appropriate adjusting journal entry to be made at the end of the period
Based on the information given we were told that the company made purchased of office supplies of the amount of $6300 in which the full supplies amount was debited which means that if at the end of the accounting period the physical count of office supplies shows the amount of $2250 The appropriate adjusting journal entry to be made at the end of the period would be:
Dr Supplies Expense $4,050
Cr Supplies $4,050
($6300-$2250)
Answer:A -To provide comparable information of all international companies for creditors and investors
Explanation: GAAP- Generally Accepted Accounting Principles are basis by which the books of any organisation is prepared and presented in the financial statement.
GAAP aims to unify the process of Financial accounting all around the world. It aids clarity, consistency and interpretation of financial information.
GAAP is adopted all around the world in the preparation of financial information
It is adopted by the US Securities and exchange commission.