Answer:
$3500
Explanation:
The amount that will be recorded under the accrual-basis accounting will be $3500. accrual - basis accounting is a type of accounting method that is used to record both expenses incurred and income earned by a company.
The accrual-basis accounting tends to match revenue earned and debts incurred by a company hence its advantage is that a company will easily know how profitable they are. in Accrual- basis accounting foreseen/estimated debts like the remaining balance from the $6500 debt which is $3500 is recorded under the accrual-basis account.
Answer:
Preemptive rights mean:
- existing shareholders are guaranteed an opportunity to retain their proportional share of ownership.
- management can preempt the right of shareholders to receive dividends if earnings are down.
Explanation:
Preemptive rights are a clause in an option, security or merger agreement that gives the investor the right to maintain his or her percentage ownership of a company by buying a proportionate number of shares of any future issue of the security.
In that case,
- existing shareholders are guaranteed an opportunity to retain their proportional share of ownership.
- management can preempt the right of shareholders to receive dividends if earnings are down.
Answer:
Seasonal
Explanation:
Unemployment basically means that a person is having skills but not in the required field due to which he/she is not employed that is not working.
Seasonal unemployment is a type of unemployment that occurs because people do not have the required skills.
For example a labour under construction work is employed only when he gets the work of construction and is good at that work but times when there is no construction work in process he is unemployed.
Another best example is that of an Agricultural worker or a Farmer who is employed in specific seasons only like those who are into more of work in summers rather than winters keeping in mind the types of seasonal vegetables or fruits the famers are dealing with.
Answer:
Sam would not recognize any gain on the contribution.
Explanation:
A partner does not recognize a gain on the contribution from the appreciated property to a partnership unless it is subject to a liability that exceeds the contributing partner basis in the property. Sam is contributing property with a basis of $130,000, subject to a liability of $120,000, for a 25 % in partnership. As a result Sam would have a basis in the contributed property, minus the $120,000 liability assumed by the partnership, plus Sam's portion of the liability, 25% x $120,000 or $30,000.
Answer:
B. Survey
Explanation:
Survey is a method of data collection used in research study in which a given set of questions is administered to a pre determined group of respondents with the aim of eliciting necessary information concerning the research in question. It involves collecting data first hand from respondents. Data usually collected with this method are referred to as primary data. Surveys are usually done using two methods, either with the aid of a well structured questionnaire or interview method. The respondents interviewed have already been predetermined based on interest and sampling technique used. By handing out a set of questions to small shoppers and others, they are carry out a survey.
