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olasank [31]
4 years ago
10

Bliss corporation settles a liability by making a payment in cash. how does paying this liability affect the accounting equation

of the​ business?
Business
1 answer:
pogonyaev4 years ago
4 0

Assets decrease and Liability also decrease. Assets is anything that is tangible or intangible that can be owned or controlled to produce by company it is also an economic resources. Liability on the other hand is the responsible of person to something especially stated by law.

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The person with a stable household
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Match the following:
alexira [117]

Answer:

The match is as follow

1. Posting   ⇒   E. Copying data from the journal to the ledger

2. Expense  ⇒ A. The cost of operating a business; a decrease in stockholders' equity

3. Debit      ⇒  K. Left side of an account

4. Trial Balance   ⇒  L. The book of accounts and their balances

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6. Net Income  ⇒  G. Revenues - Expenses

7. Receivable  ⇒ B. Always an asset

8. Chart of Accounts  ⇒ H. Lists all accounts with their balances

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10. Journal    ⇒  D. Lists a company's accounts and account numbers (no account balances in this item)

11. Normal Balance  ⇒ C. Side of an account where increases are recorded

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4 0
3 years ago
One autumn, the weather is perfect for growing pumpkins, and the pumpkin crop is much larger than usual. Meanwhile, when hallowe
valentina_108 [34]

Answer: Price of pumpkins will fall compared to last year.

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The net result will be a decline in the demand for fall in the price of pumpkin. However, the effect on the quantity cannot be determined as it depends on the magnitude of shift in the two curves.

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A manager wants to determine the number of containers to use for incoming parts for a kanban system to be installed next month.
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Answer:

y

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