Answer: Services, government and international trade.
Explanation:
The role of services, and international trade to the gross domestic product (GDP) of the United States economy is very important. Services with their increasing importance in the world economies are becoming vital in the economic growth of many countries.
In the United States, the relationship between growth in the services sector and economic growth has become stronger since two decades ago as it's contribution to the GDP has increased.
International trade which is the exchange of goods, capital, and services across international borders also represents a significant proportion of the gross domestic product of the United States.
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Answer:
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Answer:
Date Account and explanation Debit Credit
Dec 31 Prepaid insurance $10,000
($12000*30/36)
Insurance expense $10,000
Dec 31 Depreciation expense $15,000
Accumulated depreciation-Equipment $15,000
Dec 31 Salaries expense $18,000
Salaries payable $18,000
Dec 31 Interest expense $4,000
($200000*12%*2/12)
Interest payable $4,000
Dec 31 Deferred rent revenue $1,000
($3000/3
Rent revenue $1,000
Dec 31 Rent revenue $2,000
Deferred rent revenue $2,000