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inn [45]
4 years ago
10

Issuing a note payable for cash results in a(n) ______. a. increase in liabilities and a decrease in stockholders' equity b. inc

rease in assets and an increase in liabilities c. decrease in assets and an increase in liabilities d. decrease in assets and a decrease liabilities
Business
1 answer:
jeyben [28]4 years ago
7 0

Answer:

(B) increase in assets and an increase in liabilities

Explanation:

Issuing a note (assumed to be a short term note with a maturity of no more than a year in this case) means a company is borrowing from a market/investor(s).

Accordingly, the journal entry for a note issuance is as follows.

Debit Cash (for the proceeds of the note issuance. This increases assets),

Credit Debt Notes (this increases liabilities).

Thus issuing a note results in an increase in assets and an increase in liabilities.

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The green areas would decrease the amount of money that the company need to handle waste of production, and social responsibility related cost, which would decrease the price and increase the firm's output.</span>
3 0
3 years ago
Read 2 more answers
How much of the $17,500 gross distribution reported on form 1099-r is taxable in 2015?
yaroslaw [1]
You have to divide the 38 months into the $1,320 r<span>eceived tax free. 
</span><span>Solution:
$1,320 divided by 38 months = $34.7368 per month
</span><span>$34.74 times 12 = $416.84
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7 0
4 years ago
1. The interest rate that the Federal Reserve Bank (the Fed) charges member banks for loans is known as the____________ .
horsena [70]

Answer:

1. Discount rate.

2. Increase.

Explanation:

A Federal Reserve Bank is one of the twelve regional banks of the Federal Reserve System in the United States of America. The Federal Reserve Banks are saddled with the responsibility of implementing the monetary policy designed and provided by the Federal Open Market Committee (FOMC).

Federal Reserve System also known as the Fed, was created under the Federal Reserve Act which was passed by US Congress in 1913. The Fed began its operations in the year 1914. It's a financial institution which was founded by President Woodrow Wilson and was primarily aimed at backing each banks in order to put a definitive end to the bank panics of the 1800s.

Furthermore, just like all central banks, the Fed is a government financial institution which is saddled with these responsibilities;

1. Controlling the issuance of currency in United States of America: the Fed promotes public goals such as economic growth, low inflation, and the smooth operation of financial markets.

2. Providing banking services to all the commercial banks in the country: the Fed is the "lender of last resort.

3. Regulating banking activities: it has the power to supervise and regulate banks.

The Federal Reserve Board is the governing body which essentially manages the Federal Reserve System and performs an oversight function on domestic monetary policies.

<em>Additionally, the interest rate that the Federal Reserve Bank (the Fed) charges member banks for loans is known as the discount rate. Also, the Fed can increase the money supply by lowering this rate (discount rate) and thus, empowering the member banks to lend more money.</em>

5 0
3 years ago
Companies create a division of labor among employees in order to: 0 a. allow each employee to perform one task at a high level.
sergejj [24]

Companies create a division of labor among employees in order to allow each employee to perform one task at a high level

<h3>What is division of labor?</h3>

It involves Sharing of duties or job among individuals or employee.

An employee is allowed to handle a particular task for efficiency.

Therefore, Companies create a division of labor among employees in order to allow each employee to perform one task at a high level

Learn more on labor below?

brainly.com/question/25803580

#SPJ1

3 0
2 years ago
Criteria for selecting a social network often includes an analysis of the characteristics of the site visitors. Because the Phoe
andreev551 [17]

Answer:

For the Phoenix MBA the more suitable social network is Linkedin.

Explanation:

Even though it is true that one of the criteria could be disposable income to pay the program, it is also true that other elements beside income could motivate visitors to undertake an MBA. In this case, people with the interest of progress faster in their careers, worry about their professional profile, and with the ambition to increase faster the annual salary. These behaviors usually are more easily to find in professional social networks like Linkedin, because the people who use this social network has a real concern about the professional career

4 0
3 years ago
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