Answer:
D. Any of the above, depending on the transactions
Explanation:
The double entry principle simply means that any accounting transaction has two records: one credit, and one debit, and it depends on the nature of the transaction, and of the accounts involved which specific value is credited and which one is debited.
For example, if a firm purchases 100$ of office supplies with cash, the credited account is cash, because cash is reduced by $100, while the office supplies account is debited by the same value.
If a firm sells 100$ of office supplies instead, the office supplies inventory is credited for this value, while the same amount of cash is debited for this same amount.
The Answer Is In Fact "Liquefaction".
Hope I Helped :)
Answer:
Interest revenue from the CD 470.04
Explanation:
we will calcualte the future value of the CD and from there calculate the interest:
Principal 2,200.00
time 8.00 (2 years x 4 quarter per year)
rate 0.02450 (9.8% divided by 4 quarter per year)
This divisions and multiplication are done to make time and rate be express i nthe same metric.
Amount 2,670.04
Now, we calculate interest revenue:
Amount - Principal
2,670.04 - 2,200 = 470.04
Answer:
The answer is: B) It is a type of globalization that lies between total isolation and total globalization.
Explanation:
Semi-globalization is a term that tries to explain how the world is becoming one single market (globalization) but at the same time barriers still exist and are very significant in different markets.
A few years ago this term was used to describe situations that arouse in emerging markets, where governments were trying to protect internal markets while trying to export their goods to developed countries.
Now it has become more common for developed countries to try to set entry barriers for foreign products but at the same time expect other nations to receive their products freely. E.g. Trump's trade war with China or the Brexit.
