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2 years ago

Question 10

Business

1 answer:

Schach [20]2 years ago

8 0

Answer:

add 200 shillings to the book balance

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According to Adam Smith, a country has an absolute advantage in the production of a product when it _____.

Zolol [24]

According to Adam Smith, a country has an absolute advantage in the production of a product when it : is more efficient than any other country at producing it.

<h3>What is production?</h3>

Production can be defined as the process of manufacturing goods or product.

A country can have an advantage in the production of a product over other country when the country is good at what the produce and they are efficient in producing the product because they produce a desired result , with this other country will be attracted to what this country produce.

Inconclusion a country has an absolute advantage in the production of a product when it : is more efficient than any other country at producing it.

Learn more about production here:brainly.com/question/16755022

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2 years ago

Your uncle repays a $450 loan from Tenth National Bank (TNB) by writing a $450 check from his TNB checking account. Assume these

katrin [286]

Answer:

Uncle accounting:

Cash Note Payable

DEBIT CREDIT DEBIT CREDIT

450 450

Bank Accounting

Cash Note Receivables

DEBIT CREDIT DEBIT CREDIT

450 450

B.- False

Explanation:

The uncle will see a decrease in their assets (cash) and a decrease i ntheir liabilties(Note payable)

Therefore their net equity (wealth) will remain the same

The bank will record the collection from their client and decrease their receivables.

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2 years ago

A stadium estimates its administrative costs for three sponsorships to be $12,000, $27,000, and $63,000. Revenue from the sponso

Gemiola [76]

The correct answer is $148,000

6 0

3 years ago

Read 2 more answers

In order to satisfy the needs and wants that people have, businesses must combine factors of production. The factors of

mars1129 [50]

Answer:

by utilizing the goods by their proper uses

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2 years ago

The following transactions occurred during March 2016 for the Wainwright Corporation. The company owns and operates a wholesale

Triss [41]

Answer:

1. Financing Activity : $300,000

2.Investing Activity : $10,000 and Non-cash Financing and Investing Activity : $30,000

3.Operating Activity : - $90,000

4.Operating Activity : $50,000

5.Operating Activity : -$5,000

6.Operating Activity : -$6,000

7.Operating Activity : -$70,000

8.Operating Activity : $55,000

9.Operating Activity : $1,000

Explanation:

Operating Activities involves the entity`s trading operation in ordinary course of business.

Investing Activities involves the entity`s sale or purchase of Investments.

Financing Activities involves the entity`s acquisition and sale of funds.

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2 years ago