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1 year ago

In the balance of payments accounts, goods and financial assets that migrants bring to a country are included in the:_______.

1 answer:

5 0

In the balance of payments accounts, goods and financial assets that migrants bring to a country are included in the import and export of visible items and financial exchange respectively.

The balance of payments summarizes an economy's international economic dealings. These transactions consist of transfer payments as well as the export and import of products, services, and financial assets (like foreign aid).

In terms of international economics, a country's balance of payments is the difference between the total amount of money coming into the country over a specific time period and the total amount of money leaving the country for the rest of the world.

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Equity method for stock investment Obj. 3 Show Me How icon At a total cost of $5,600,000, Herrera Corporation acquired 280,000 s

marusya05 [52]

Answer and Explanation:

The journal entries are shown below:

1 Investment in Tran Corp $210,000

To Investment Income (280,000 ÷ 800,000 × $600,000) $210,000

(Being the investment in Tran corp. is recorded)

For recording this we debited the investment in tran corp as it increased the assets and credited the investment income as it also increased the revenue

2 Cash (280,000 × $0.50) $140,000

To Investment in Tran Corp $140,000

(Being the payment of cash dividend is recorded)

For recording this we debited the cash as it increased the assets and credited the investment in tran corp as it decreased the assets

(B) The equity method is appropriate as the Herrera owns 35% which come from

= $280,000 ÷ $800,000

= 35%

And it can be exercised when there is a significant influence or effect over the investor

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2 years ago

With the standard burger without a bun, the bottom bun items go on the _____ and the top bun items go on the ______

Olegator [25]

With the standard burger without a bun, the bottom bun items go on the right and the top bun items go on the left.

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7 months ago

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irga5000 [103]

Answer:

<u>Validation</u>

Explanation:

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Answer:

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uysha [10]

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