Answer:
Expenses, Losses, Income and Gains are associated with nominal accounts.
I think the most appropriate answer would be "Value".
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Answer:
Explanation:
They are hurt because cotton is one of their exports and a developing nations needs to be able to make money from them so if a big country takes away one of their main exports it will hurt their economy.
Answer:
make an adjusting entry to debit Interest Receivable and to credit Interest Revenue for the amount of interest accrued since the last interest receipt date.
Explanation:
Adjusting entries are used at the end of an accounting period to assign income and expenses that has accrued.
In this instance when the interest reciept day comes after accounting period we need to recognise the amount of interest earned so far.
The amount accrued since last interest payment date is calculated.
This amount has been earned so it should be recognised as revenue. To do this we debit interest receivable and credit interest revenue.
The trend toward hiring temporary workers is up.
