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erastova [34]
3 years ago
6

When a partnership is liquidated, the journal entry to pay the claims of creditors would include a debit to

Business
1 answer:
spayn [35]3 years ago
4 0
When a partnership is liquidated, the journal entry to pay the claims of creditors would include a debit to:

B.) each individual creditor and a credit to cash.

When you liquidate a partnership, liabilities must be paid off before partner's investments can be returned to them. In this way, all creditors will be satisfied even if the partner's capital experienced a loss.
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When Galaxy Ventures, a real estate company, entered the low-cost housing business, the market was already saturated with other
GenaCL600 [577]

Answer:

The answer is Late-mover disadvantages

Explanation:

A late mover is a company that enters a business some time after the business pioneers and early followers.

From the question above, Galaxy Ventures is a late mover in the low-cost housing business. They were at a huge disadvantage, and this includes:

  • First of all, lack of customer loyalty and substantial dividends (from the question).
  • The pioneers and early followers can set the business standards which may be difficult for a late mover to follow.
  • The pioneer can easily create entry barriers that a late-mover might find difficult to break.

3 0
3 years ago
Type the correct answer in the box. Spell all words correctly.
notka56 [123]

Answer:

Doubtful

Explanation:

The company will record the uncollectible $5,670 of its accounts receivable as a debit to uncollectible accounts expense and a credit to the DOUBTFUL account.

This is evident in the fact that the bad debt allowance method has three main principles which are:

1. Calculate uncollectible receivables

2. Debit bad debt expense and credit allowance for doubtful accounts in the journal entry

3. Debit allowance for doubtful accounts and credit the corresponding receivables account when it is time to write off the account.

8 0
3 years ago
Privatisation refers to .... 
Nana76 [90]

Answer:

B)Transfer of assets from public to private

Explanation:

the government no longer owns the asset and it is traded to the private sector or when the company is taken over by a few people.

8 0
3 years ago
Increased flexibility in scheduling has become an important benefit for employers to offer because of: multiple select question.
Llana [10]

The Increased flexibility in scheduling has become an important benefit for employers to offer because of increase in single parent homes and the increase in two-income families.

<h3>What is the meaning of Scheduling ?</h3>

In a production process or manufacturing process, scheduling is the process of organizing, managing, and optimizing work and workloads.

Scheduling is used to distribute resources for equipment and buildings, prepare for human resources, organize work processes, and buy goods.

The flexible schedule must be prepared for the single parent homes and also for the two income families by the employers.

Learn more about employers here:

brainly.com/question/2001789

#SPJ1

7 0
2 years ago
7 reasons why marketing must be studied.
Grace [21]
<h2>Answer:</h2>

<h3>1. A Better Understanding of the Target Market</h3>

<h3>2. Understand the Customer.</h3>

<h3>3. Salary Potential</h3><h3 /><h3>4. Experience the Global Marketplace Firsthand.</h3>

<h3>5. Enhance the Omnichannel Experience.</h3>

<h3>6. Go Behind the Perceptions.</h3>

<h3>7. Marketeers will always be in demand</h3>

<em>hope</em><em> </em><em>this</em><em> </em><em>help</em><em>!</em>

7 0
3 years ago
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