Which one of the ASEAN members has the World's second-largest container port?
A) Singapore
B) Thailand
C) India
D) Philippines
E) Brunei
A
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Which of the following statements is true about unliquidated debts?
A. Composition agreements are an exception to unliquidated debts and can be enforced without additional consideration. B. As the amount is genuinely in dispute, an agreement resulting in accord and satisfaction is enforceable. C. All courts allow collection of the remainder if checks marked "payment in full" are cashed without reservation. D. As the amount is due and certain, a promise to pay less lacks consideration.
________ are the major marketing factors in the sale of most manufactured materials and parts
A) Branding and advertising B) Price and service C) Sales promotion and advertising D) Branding and packaging E) Public relations and brand management
The Tulip Company uses the percent of receivables method of accounting for uncollectible accounts receivable, and a perpetual inventory system. As of January 1, its net accounts receivable totaled $485,000 (Accounts Receivable $500,000 less a $15,000 Allowance for Doubtful Accounts). During the current year, the following transactions occurred. 1)Merchandise costing $2,400,000 was sold on account for $4,000,000. 2)The company collected $3,880,000 from customers on account.3)$20,000 of accounts receivable were deemed uncollectible and written off.4)$3,000 of accounts receivable previously written off as uncollectible were recovered.5)At year-end, Lily Company estimates that 3% of its accounts receivable are uncollectible.Prepare journal entries to record these transactions.
What will be an ideal response?
The principles of the Treaty of Rome were based on the creation of a customs union that would remove internal tariffs for members
Indicate whether the statement is true or false