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Archy [21]
3 years ago
7

A contingent liability should be recorded in the accounts when it is probable and reasonable

Business
1 answer:
EastWind [94]3 years ago
7 0
I am assuming if this answer is true. Yes, that is true
I hope this helps
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A company purchased equipment and signed a 7-year installment loan at 9% annual interest. The annual payments equal $9,000. The
Ksivusya [100]

Answer:

$45,297

Explanation:

Data provided as per the question

Installment = $9,000

Present value factor = 5.0330

The calculation of present value is shown below:-

Present value = Installment × Present value factor

= $9,000 × 5.0330

= $45,297

Therefore for computing the present value of the loan we simply multiply the installment with present value factor.

5 0
3 years ago
The Janissaries were___________.A)slave women who lived in the sultan's harem.B)Christian boys taken from conquered territories
Drupady [299]

Answer:

The answer to this question is B. Christian boys taken from conquered territories and raised as special forces.

Explanation:

The Janissaries  were Christian boys, that were taken as salves  from the Balkan region  (Southeast Europe)   that ended up in Anatolia  (west Asia) and were indoctrinated into Islam and circumcised.

They were made to go through rigorous training, and they earned the rank of Janissary upon reaching 24 or 25 years of age.  

7 0
4 years ago
Read 2 more answers
if my movie starts at 11:26 am but it takes 48 minutes to get there what time will it be when I get there
MrRissso [65]

Answer:

12:34

Explanation:

It will be 12:34 if you leave at 11:26

3 0
3 years ago
Read 2 more answers
Canned food available for sale at grocery stores have been subjected to a commercial canning process. If you bought a can of pea
umka21 [38]

Answer:

Three things:

-Under processing before canning

-Spoilage before canning

-entrance of water through can seams during cooling

Explanation:

The preservation process is aimed at reducing the rate of spoilage of food products over time.

When adequately processed a time can be given during which the food product is still not spoilt. For example 1 year from date of canning. After this period there is a high possibility of food spoilage.

If a can of peas was bought from a grocery and it is spoilt it is either the peas were not well processed, there was spoilage before commercial canning, or water entered when cooling during canning

4 0
3 years ago
Which of the following is true? AChecks and Debit Cards both withdraw money directly from a bank account. BDebit Cards often hav
Nitella [24]
A will be your answer
3 0
4 years ago
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