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yKpoI14uk [10]
3 years ago
14

Liabilities are a. any accounts having credit balances after closing entries are made. b. deferred credits that are recognized a

nd measured in conformity with generally accepted accounting principles. c. obligations to transfer ownership shares to other entities in the future. d. obligations arising from past transactions and payable in assets or services in the future.
Business
1 answer:
tamaranim1 [39]3 years ago
4 0

Answer:

The correct answer is d. obligations arising from past transactions and payable in assets or services in the future.

Explanation:

The liability, from an accounting point of view, represents the debts and obligations with which a company finances its activity and serves to pay its asset. It is also known by the name of financial structure, financial capital, origin of resources and source of foreign financing.

They are debts that we have in the present but that we have contracted in the past. An example of an obligation is a loan with a financial institution. When acquiring that loan, we are obliged to pay the principal and interest to the provider (documented in an invoice or in a bill of exchange).

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Since the end of World War I, the U.S. has almost always had rising prices and an upward trend in real GDP To explain this
Pavel [41]

Answer:

a. both aggregate demand and long-run aggregate supply must be shifting right, and aggregate demand must be shifting farther

Explanation:

The statement that best explains rising prices and an upward trend in real GDP is that "both aggregate demand and long-run aggregate supply must be shifting right and aggregate demand must be shifting farther."

The long-run aggregate supply shift to the right shows rising prices over the years. This is true because the higher the cost of commodities, the higher the quantity supplied.

Also, the farther shift of the aggregate demand shows there is an upward trend in real GDP. This is also true because upwards in GDP shows an increase in wages and thereby leading to the rise in demands.

8 0
3 years ago
Aptitudes and skills are the same thing.<br><br> True<br> False
Sauron [17]
False. Aptitudes are natural, skills can be learned. Hope it helps!
8 0
4 years ago
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The profits from various forms of trafficking are estimated to be _____ annually.
SIZIF [17.4K]

Answer:

The answer is $150 billion

Explanation:

The profits from various forms of trafficking are estimated to be $150 billion annually.

3 0
2 years ago
a work group of 20 employess should be more cohesive than a work group of 10 employess. Ture or false
Oduvanchick [21]

false,since the less the number the more cohesion

6 0
4 years ago
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During year 1, albrecht sold his personal sport plane that had an adjusted basis to him of $112,000 to roy for $140,000. roy pai
Airida [17]

Answer:

$8000

Explanation:

Given that:

Adjusted basis of sport plane = $112,000

Sales price = $140,000

Down payment = $40,000

Balance paid in $20,000 installment for the nest 5 years

Gross income:

Gross income = sales price - adjusted basis

Gross income = $140,000 - $112,000

Gross income = $28,000

Based on the installment payment of $20,000:

140,000/20,000 = 7

Gross income = $28000/ 7 = $4000

With down payment being 40,000

In year 1, down payment of $40,000 was made, which is 2 times the yearly installment amount.

Hence gross profit in year 1 = $4000 × 2 = $8000

5 0
3 years ago
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