On December 31, 20X1, the ledger of Lopez Company contained the following account balances: Cash $ 32,300 Maria Lopez, Drawing $ 12,800 Accounts receivable 2,550 Fees income 50,250 Supplies 1,750 Depreciation expense 2,400 Equipment 25,300 Salaries expense 16,300 Accumulated depreciation 2,150 Supplies expense 2,650 Accounts payable 2,650 Telephone expense 2,250 Maria Lopez, Capital 47,550 Utilities expense 4,300 All the accounts have normal balances. Prepare the closing entries for the abo

Upper a report about the decline of western investment in third world countries included this: "after years of daily flights comma several european airlines halted passenger service. foreign investment fell 400 percent during the 1990 s." what is wrong with this statement? choose the correct answer below. a. if foreign investment fell by 100 % comma it would be totally eliminated comma so it is not possible for it to fall by more than 100 %. b. the actual amount of the decrease in foreign investment is less than 100%. c. if foreign investment fell by 100%, it would be cut in half. thus, a decrease of 200% means that it would be totally eliminated, and a decrease of more than 200% is impossible. d. the statement does not mention the initial amount of foreign investment.