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shtirl [24]
3 years ago
7

The notes receivable account of a business should include both the notes that haven't matured and the dishonored notes.

Business
1 answer:
den301095 [7]3 years ago
6 0

This statement is false. The notes receivable account should only include those notes which can still be collected. Notes that have not matured yet is still included in the notes receivable account because there is still the probability of collection. Dishonored notes should not anymore be included because there is no more probability of collection.

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Entrepreneurs are provided with what when starting a franchise?
vladimir1956 [14]

record book  ....................................................                                                                           .

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3 years ago
Read 2 more answers
What would happen to the economy if the president disbanded the board
PIT_PIT [208]
Monarchy, and downfall. Peoples voice over the official boards. There would be a better market in a way, but it would also be more cut, and strict.
5 0
3 years ago
The office space is used equally by Dye's sales and accounting departments. What amount of the above-listed items should be clas
babunello [35]

Answer:

$940,000

Explanation:

The computation of the general and administrative expense is shown below:

= Legal and audit fees + rent for office space × basis

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= $940,000

In order to find out the general and administrative expense we simply added the legal & audit fees and the rent for office space so that the correct amount could arrive

4 0
3 years ago
Mr. Able wants to set up a tax-deductible fund to be used to support young talented individuals to enhance their abilities. What
Gre4nikov [31]

Answer:

Mr. Able have to open a Private Foundation to set up a Tax-deductible fund.

Explanation:

  • They will exclude donations up to 30 per cent to 60 per cent of our income, based on the charity's existence and tax-exempt status.
  • You will state your expenses to assert a charitable deduction on your tax return.
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therefore Mr Able must donate his funds

8 0
3 years ago
A lot of designer clothing companies will send free clothes to celebrities with hopes that the celebrities will wear their cloth
Kazeer [188]

Answer:

Celebrity endorsement.

Explanation:

The complete question is...

A lot of designer clothing companies will send free clothes to celebrities with hopes that the celebrities will wear their clothing in public and attract more customers to the brand. what mode of end? What mode of endorsement are these clothing companies trying to achieve?

Celebrity endorsement uses a celebrity's fame or social status to promote a product, brand or service. It is mostly associated with the fashion and beauty brands, and the goal is that the positive image of the celebrity be reflected onto the product or the brand. Celebrity endorsement has been used by some brands to promote their businesses into a multi-billion dollar company, and is also very lucrative for the celebrity, whose contract deals can run into hundreds of millions of dollars.

8 0
3 years ago
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