Seaside vistas leases an apartment to tori during a severe storm, the premises are destroyed by flood. under most state laws, liable for the rent for the rest of the lease term is no one.
<h3>What is a lease?</h3>
It should be noted that a lease simply means a contract where a party conveys land, property, etc for a period of time.
In this case, Seaside vistas leases an apartment to tori during a severe storm, the premises are destroyed by flood. under most state laws, liable for the rent for the rest of the lease term is no one.
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Donate surplus food from food stores to communities who need the support.
Answer:
Debited to Retained Earnings of $500,000.
Explanation:
At the time of declaration of the dividend, the journal entry is recorded which is shown below:
Retained earning A/c Dr $500,000
To Dividend payable A/c $500,000
(Being cash dividend declared)
On the declaration date, the dividend amount is recorded. So while recording we debited the retained earning account and credited the dividend payable account
All other information which is given is not relevant. Hence, ignored it
Answer:
Mary is relying on <u>referral marketing</u> to identify potential customers.
Explanation:
Referral marketing is a method of spontaneously promoting a businesses products and services to new customers by word of mouth. This can happen through a variety of channels such as email, mobile, and social media.
Referral programs are formal programs that exists in some organizations instituted by employers to encourage employees to refer candidates for jobs at the company.
Referral programs benefit both the employer and the current employees. In some cases, a bonus can be earned if a referred candidate is hired.
