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Vikki [24]
4 years ago
12

Kline company refinanced current debt as long-term debt on january 5, 2019. kline's fiscal year ended on december 31, 2018, and

its financial statements will be issued sometime in early march 2019. under ifrs, how would kline classify the debt on its december 31, 2018, balance sheet?
Business
1 answer:
const2013 [10]4 years ago
5 0
<span>Kline classify the debt on its December 31, 2018 as a current liability.</span>
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A Virginia county is considering whether to pay $50,000 per year to lease a prisoner transfer facility in a prime location near
Mice21 [21]

Answer:C. $50,000

Total revenue would be $300,000. Total cost would be $250,000 (fixed = $50,000; variable = $200,000).

Explanation:

4 0
3 years ago
Min invested $18,000 cash in the business. Paid $7,540 cash for monthly rent expense for May. Paid $4,600 cash for this year’s i
Olenka [21]

Answer:

\left[\begin{array}{ccc}$Account&$DEBIT&$CREDIT\\$Cash&37,600&-\\$Prepaid insurance&4,600&\\$Office supplies&890&-\\$office equipment&12,900&\\$accouts payable&-&12,900\\$Capital Account&&18,000\\$drawins&3,370&\\$Sales revenue&&36,000\\$Rent expense&7,540&\\$Total&66,900&66,900\\\end{array}\right]

Explanation:

We must do ledger for each accounts, most of them only got one transaction so we just post them directly.

For cash we must do it as there are several transaction:

       CASH

<u>DEBIT          CREDIT</u>

18,000

                    (7,540)

                    (4,600)

                       (890)

36,000

<u>                     (3,370)</u>

37,600

Assets and expenses goes into debit column

Liabilities, equity and revenues into credit column

7 0
3 years ago
Shane's buyers learned during the inspection that there was water damage around the fireplace and that the chimney needed new fl
MAVERICK [17]

Shane should just call the steeplejack.

  • Flashing serves as an additional layer of water protection; however, if you notice leaks, your flashing is damaged. You may experience water damage if you find rust, holes, or areas where the flashing has worn down. However, it would still be best to replace it.
  • Repointing your chimney brick mortar would be your first step. Repointing is the process of taking out the crumbly mortar, then replacing it with a new batch of mortar.
  • your chimney crown and flue serve as your extra protection against water. However, gaps may eventually appear after some time, allowing water to enter.
  • As a result of the water seeping in, it will damage not only the crown but also the flue. And caulking would be the answer to this chimney problem. Caulking is the process of sealing a gap using a sealant or a waterproof filler

learn more about water leaks here : brainly.com/question/681061

#SPJ4

8 0
2 years ago
Which of the following weakens the government control in the marketplace?
diamong [38]
The appropriate response is deregulation. Deregulation, the omission of some administration controls over a market, it permitted or constrained firms to contend by dispensing with many value controls and obstructions to section. The objective of deregulation is to promote competition.
5 0
3 years ago
Read 2 more answers
Dipboye's model of interviewer decision making implies which of the following? a. The interviewer controls what information is p
fomenos

Answer:

The interviewer does not begin the interview in a neutral state, reacting only to information presented and the behavior of the applicant in the interview.

Explanation:

Robert Dipboye postulated that an interviewer should use both structured and unstructured interview method when interacting with a potential employee.

This aims to look beyond the job description and to get a better candidate as a fit for the role.

Structured interview uses a standard set of questions to evaluate a candidate, while unstructured interview allows the interviewer to ask questions aimed at getting information in regards to a skill or trait.

Using this method, the interviewer does not begin in a neutral state. But rather his reaction is based on the information presented by the candidate and his behaviour.

8 0
4 years ago
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