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Answer:
C. To avoid having to pay for hospital bills resulting from an accident they cause
Explanation:
The purpose of any sort of insurance is to limit or eliminate the policy-holder's liability. Medical insurance in an auto policy pays for medical bills the policy-holder might otherwise be liable for as a consequence of an auto accident.
B You earn interest when you use a charge card but not a credit card.
In this case, Shareholders should filed a lawsuit against the company’s law firm, alleging that it was liable under Section 10(b) for drafting Refco'so’s SEC filings which contained these materials. They would only be liable for their own “articulated statement” or statements of others that<span> they had explicitly adopted </span>
Answer:
Debited, left and credited, right
Explanation:
The journal entry is shown below:
Dividend A/c Dr $40
To Cash A/c $40
(Being dividend is paid in cash)
As we see that cash is paid that means cash would be credited and it is shown on the right hand side of the T account whereas the dividend is debited that is shown in the left hand side of the T account
Answer:
The correct answer is the option A: True.
Explanation:
To begin with, in the economics science field and the accounting theory the concept known as the balance sheet refers to a particular report that the managers have to do and understand in order to keep the control of everything inside the organization because it basically shows what the company posses, what it owns and to who it owns it with the characteristic of emphasizing it in a determine duration that could commonly be a year. Moreover it is separated in two main sides, the assets and financing, with this last one separeted in liabilities and owner's equity.
