Answer:
Ethics of accounting information is providing accounting information to make good economic decisions in the financial statement of the organization.
Explanation:
Nominal GDP is the market value and real GDP has been adjusted for inflation.
Answer:
Medlock will receive $2,940
Explanation:
Credit terms of 2/10, n/30 means there is a discount of 2% is available on payment of due amount within discount period of 10 days after sale with net credit period of 30 days.
According to given data
Sales = $3,000
As the payment is made within discount period, so discount will be availed
Discount = $3,000 x 2% = $60
Now deduct the discount from due balance to calculate the amount received.
Amount Received = $3,000 - $60 = $2,940
Answer:
For safety
Explanation: it is safe because only the name of recipient is able to cash the check at a bank or other financial institution
Answer:
Figure is given below.
Explanation:
The graph of United states and china is as follows :