Positive externality is a benefit that is enjoyed by a third party as a result of business transaction. Third parties include any individual, property owner or an organisation or a resource that is indirectly affected. If a positive externality in consumption is present in a market, then the private benefit from a consumption will be different than the social benefit from consumption.
Answer: im also working on my school work and i also need help i tried to work on that question im confused but i know that 22,567-97% is 677.01
Answer:
A deposition
Explanation:
Deposition is the term under the law of the US (United States), which is defined as it involve the taking of sworn, oral testimony in the out of court, to witness that it might reduce to a transcript which is written for the later use in the court or for the motive or the purpose of the discovery.
Therefore, a deposition is required to prepare for the trial among the companies so that the court official make a record of the questions of the attorney and the answers of the CEO.
Answer and Explanation:
The journal entries are shown below;
a. Accounts Payable $91,000
To Note Payable $91,000
(being the issuance of the note payable is recorded0
b Note Payable $91,000
Interest Expense $3,412.50 ($91,000 × 15% × 90 days ÷ 360 days)
To Cash $94,412.50
(Being the payment of the note is recorded)
These two entries should be recorded
