Answer:
deferred revenue
Explanation:
Deferred revenue refers to payments received in advance for services which have not yet been performed or goods which have not yet been delivered.
Answer: Please see Explanation for answer.
Explanation:
January 01, 2021:
Cash Debit 44,221
Bonds Payable Credit 44,221
Since the bonds were sold at a discount, the entry to record the first interest payment (using straight line amortization of the premium) would be:
Interest expense ($44,221× 6% × 6months/12months ) = $1,326.63 =$1,327
Cash is given as ($50,000 × 5% ×6months /12months) = $1,250
June 30, 2021:
Interest Expense Debit---$1,326.63 Bonds Payable Credit $77
Cash Credit $1,250
Dec 31 Management Services ....................................$1875
To Prepaid Expenses.....................................................$1875
(Being prepaid expenses recognised for the year)
Answer: C- Alzania's neighbor exported half its production of cotton that year
Explanation: Alzania produces and consumes 500,000 tons of cotton during a year. While, the neighbor which also employs the same number of people in the cotton industry, consumed 400,000 tons of cotton. There is no information on production of the neighbor. Just by looking at the consumption units we can argue that Alzania has an absolute advantage over the neighbor as it consumes more. However, if there is any information on the amount of exports of cotton from the neighbor then it will weaken the absolute advantage conclusion.
Thus, if <em>Alzania's neighbor exported half its production of cotton that year </em>the total production of cotton is greater of the neighbor than Alzania.
The correct option is E). All of these choices are correct.
<h3>What trade barriers were imposed by Japan?</h3>
Along with the tariff barriers, Japan also have some non-tariff barriers that may impact commercial activity of foreign products into Japan.
Japan prohibited the imports of narcotics, firearms, explosives, and products that violate intellectual property laws.
Japan's tariff system offers lower and duty-free rates to those products which has been imported from developing countries.
Learn more about the trade barriers in Japan here:-
brainly.com/question/27863334
#SPJ1
