The type of situation that describe a situation where government does not impose quotas on what can be imported is known as free trade.
<h3>What is free trade?</h3>
Free trade is an agreement between two or more countries to remove trade barriers or restrictions . This enable member countries trade freely without any impediment to import and export of goods.
Countries come together to promote their goods and services by taking away any thing that could hinder import and export of goods among member nation. This bring about increased efficiencies.
Hence, the type of situation that describe a situation where government does not impose quotas on what can be imported is known as free trade.
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Answer and Explanation:
The preparation of the statement of the stockholder equity and balance sheet would be shown in the attachment below:
The formulas for ending retained earning balance and stockholder equity is
Ending retained earnings = Opening retained earnings + net income - dividend paid
And, the ending equity is
= Opening equity + additional shares
The same would be shown in the attachment
Only one recording of a given sound could be made; copies were not possible.
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Answer:
The answer is: Phishing
Explanation:
Phishing is carried out by individuals who are trying to scan users. This is done by sending emails to try to collect someone else's credit card information, online banking accounts, or other type of login information. Phishing can also be done through web pages that are designed to illegally collect their users' information.
Answer:
Explanation:
WORK IN PROCESS INVENTORY
May 1 balance 3770 May 31 Finished Goods 9234
31-May Material 11470
31-May labour 13870
31-May Overheads 9431.6
may 31 Balance 29307.6
JOB COST SHEET
Job no. Beg. WIP Material Labour Overheads Total
430 1340 3850 3400 2312 10902
431 0 4680 8170 5555.6 18405.6
TOTAL 1340 8530 11570 7867.6 29307.6
Note: Total cost of Job 429 transferred to Finished goods:
Beginning cost 2430
Add: Material 2940
Add: Labour 2300
Add: Overheads (2300*68%) 1564
Total cost of Job 429 9234
