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Answer:
Explanation: from the above question, the inability of management to collect any outstanding debt from a customer after a particular time frame is termed a bad debt and it can be written off the books of the company.
From the question above, management determined that it will not be able to collect the $1,200 owed to it by one of its customers.
To write this amount off the books,
Debit : Account receivable $1,200
Credit: bad debit written off $1,200
The bad debt written off is an expense account where the amount uncollectible is expensed from the books of the company.
The correct answer is Option D.
The longer the time period under consideration, the more elastic the supply of a good will be.
<h3>What is supply of goods ?</h3>
- The following are included in a supply of goods: the agreement-based transfer of property rights over things. the commission-based sale of tangible things because of an auctioneer or dealer acting under his and her own name but following another person's instructions. delivery of items under a hire-purchase agreement.
- In general, supply refers to the complete amount of goods and services that such a producer is ready to provide at a specific price and location.
- Even as a profession, selling products or services counts as a supply under the GST. Therefore, the sale would represent supply even if a well-known politician created paintings for charities and sold them, even once.
To learn more about supply of goods refer to :
brainly.com/question/4804206
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Answer:
a. Financing for public corporations must flow through financial markets.
FALSE, it can flow through financial markets or financial intermediaries.
b. Financing for private corporations must flow through financial intermediaries.
FALSE, it can flow through financial markets or financial intermediaries.
c. Almost all foreign exchange trading occurs on the floors of the FOREX exchanges in New York and London.
FALSE, they are traded in many different markets around the world.
d. Derivative markets are a major source of finance for many corporations.
FALSE, the major source of financing for corporations are stock markets.
e. The opportunity cost of capital is the capital outlay required to undertake a real investment opportunity.
FALSE, opportunity cost of capital refers to lost earnings resulting from choosing one investment over another alternative.
f. The cost of capital is the interest rate paid on borrowing from a bank or other financial institution.
FALSE, opportunity cost of capital refers to lost earnings resulting from choosing one investment over another alternative.
Answer:
185,023,041
Explanation:
Given,
The original population of the country, P = 110 million,
Growth rate, r = 2% = 0.02,
Number of years from 2011 to 2037,
Time, t = 26 years,
Hence, the projected population would be,
