Answer:
Current Liabilities:Notes Payable 250,000
Long-term Debt:Notes Payable 950,000
Explanation:
Calculation to Show how the $1,200,000 of short-term debt should be presented on the December 31, 2017, balance sheet.
Hattie McDaniel Company
Partial Balance Sheet
December 31, 2017
CURRENT LIABILITIES
Notes Payable 250,000
($1,200,000-$950,000)
LONG-TERM DEBT
Notes Payable 950,000
Therefore how the $1,200,000 of short-term debt should be presented on the December 31, 2017, balance sheet is:
Current Liabilities:Notes Payable 250,000
Long-term Debt:Notes Payable 950,000
The Financial career in which Egan would be most successful is:
<span>A) </span>Business Finance Management
Explanation: The Business Finance Management requires a lot of skill in planning and budgeting money. This career requires patience knowledge and understanding in tracking financial transactions. And all of these skills and knowledge are possessed by Egan that is why he can be most successful in Business Finance Management career.
Answer:
True
Explanation:
Cultural background is defined as the values and factors that shapes/moulds an individual's upbringing. The factors and values could be religious, ethnic, socio-economic, etc.
In the case of Jennifer's family, the celebratin of christmas involves decoration of trees as well as hanging of stockings on the fireplace. since Jennifer is accustomed to this, it has become a symbol of christmas celebration for her and her family through the years.
Cheers.