A short-term liability is a payment that is due in 12 months or less. Hence notes payable due in six months is reported as a short-term liability.
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What is a liability?</h3>
In the parlance of Accounting and Finance, a Liability is a financial obligation that the company owes to individuals, or organizations with which it has transactional or legal relationship.
Hence, it is correct to indicate that notes payable due in six months is reported as a short-term liability.
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This Halloween, it's anticipated that each person would spend, on average, $100.45.
Halloween, which is observed annually on October 31st, is also known as All Saints Eve or All Hollow's Eve because it was historically observed to signal the end of the harvest season and the start of the chilly, harsh winters. The night before the new year, according to the Celts, the line between the worlds of the living and the dead fuzzed. Samhain, when Halloween was thought that the spirits of the dead made a comeback to earth, was celebrated on the evening of October 31. The term "spend" is the verb's present-basic form. Second, despite referring to the past tense and past participle of the verb "spend," the term "spent" can also be employed as a verb or an adjective. To disburse cash for the sake of a person, thing, or cause is called spend.
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That would be 10%...........giving dots because i need 20 characters for my answer lol
Answer:
C. <u>flank</u>
Explanation:
A flank attack refers to an act by a product company whereby it attacks the weak links in the products of it's major competitor, particularly a leader.
In such scenarios, the company observes the limitations of the competitor's products and then embodies them in it's own new similar product. In a flank attack, the two companies deal in similar products which can be substituted for one another.
In the given case, Colgate came out with a similar product with improved aspect which it's major competitor's product overlooked i.e dental sensitivity aspect. This represents a case of flank attack.
Answer:
The amount of gain should P Company record on its books in 2017 is $60,000.
Explanation:
The amount of gain = Sale value - Written down value
= $720,000 - $660,000
= $60,000
Therefore ,The amount of gain should P Company record on its books in 2017 is $60,000.