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kirza4 [7]
3 years ago
11

TRUE OR FALSE ? WHY ? Plesae help me

Business
1 answer:
Goryan [66]3 years ago
8 0

Answer:

1. True

2. False

3. True

4. True

Explanation:

1. in accounting the stock is treated as inventories  

2. because the GNP considers the output of a country's citizens regardless of where that economic activity occurred. GNP expresses the total value of all goods (products and services) produced by the residents of a particular country, regardless of national borders, thus including their foreign assets. while GDP considers the activity within a national economy regardless of the residency of the producers.

3. Financing for central banks is completely different to that of commercial banks and private corporations because their commitments – banknotes and commercial banks’ overnight deposits held at central banks are the only authorized forms of payment in their jurisdiction. Central banks have a monopoly on creating money,

4.  inflation is a monetary phenomenon means to control the supply of money

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Answer:

Explanation:

The retained earning are the earnings of the business organization which is earned until the date.

The net income or net loss would reflect in the statement of the retained earning account.

The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid

The journal entry is shown below:

Retained earnings A/c Dr $3,000

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(Being dividend account is closed)

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3 years ago
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After you send in your FAFSA form, what will you receive back
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In what country do the three largest shareholders control, on average, about 60 percent of the shares of a public company?
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Answer:

b. Italy

Explanation:

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