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Serga [27]
2 years ago
7

Journalize the entries to record the following transactions for Mountain Realty Inc.:

Business
1 answer:
kherson [118]2 years ago
3 0

Answer and Explanation:

The journal entries are shown below"

On Aug 26

Cash Dr $768,000

         To Common stock $640,000

         To Additional paid in capital $128,000

(Being issuance of the common stock is recorded)

On Oct 1

Cash Dr $410,000

        To preferred stock $410,000

(Being the issuance of the preferred stock is recorded)

On Nov 30

Cash Dr $187,000

         To Common stock $170,000

         To Additional paid in capital $17,000

(Being issuance of the common stock is recorded)

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Answer: Option a

                                                 

Explanation: MNE refers to multinational enterprises, these organization are the one which operates their their business in several countries. Due to their world wide reach to the markets their scale of operations remains very high with a large number of shareholders.

These organisation usually have more than one form of business, they diversify their activities as a protection from different political or environmental factors in the countries in which they operate.

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In the given case, the boy migrated from the country because his community was tortured there hence this case depicts forced migration.

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3 years ago
The principle of comparative advantage asserts that a. the world price of a good will prevail in all countries, regardless of wh
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Answer:

b. countries can become better off by specializing in what they do best.

Explanation:

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The comparative advantage gives a country a stronger sales margin than their competitors as they are able to sell their specific products or render their peculiar services at a lower opportunity cost.

In 1817, David Ricardo who is an english political economist talked about the law of comparative advantage in his book “On the Principles of Political Economy and Taxation."

Also, the principle of comparative advantage asserts that countries can become better off by specializing in what they do best.

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Answer:

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