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snow_lady [41]
3 years ago
14

A transaction should be treated as a(n) ________ when a company has an obligation or right to repurchase an asset for an amount

greater than or equal to its selling price.
Business
1 answer:
Arisa [49]3 years ago
3 0

Answer:

Financial transaction

Explanation:

Financial transaction states that when two-person as a buyer and seller doing agreement or committing to purchase of an asset for payment. It involves two or more people for interchange of an asset for example building, car, machinery, etc. It is also a term that asset can be repurchase by equal, or more than the selling price of an asset.

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Corporate Social Responsibility ensures that a company replaces its unsustainable operations so that future operations don’t damage the environment

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Barnes Books allows for possible bad debts. On May 7, Barnes writes off a customer account of $5,300. On September 9, the custom
Andreyy89

Answer:

The cash collection on September 9 is records by the entry:

Debit Cash $5,300

Credit Accounts Receivable $5,300

Explanation:

Barnes Books allows for possible bad debts. On May 7, the company writes off a customer account. The journal entry:

Debit Allowance for Doubtful Accounts $5,300

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On September 9, the customer unexpectedly pays the $5,300 balance. The journal entries:

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Credit Allowance for Doubtful Accounts $5,300

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Credit Accounts Receivable $5,300

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3 years ago
Encore Industries owned investment securities with a book value of $45 million on August 12. At that time, Encore’s board of dir
Aleks04 [339]

Answer$13m

Explanation:

It's the declared dividend on the date declared, that is obligatory for payment by a company. What happens there after are normal trading activities.

4 0
3 years ago
The agency relationship is a fiduciary relationship and is based upon trust
mario62 [17]

Answer:

True

Explanation:

Trust must exist between the agent and the client, and the agent should remain loyal to his or her client.

Agency relationships exist when an agent (a person) acts for or on behalf of his client (also referred to as the principal).

This type of relationship can only exist as long as mutual trust exists between the agent and his client.

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Bạn học được gì trong quản trị nhân sự và đào tạo phát triển nhân lực
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Explanation:

I. Do. Not. Know. Your. Language. Sorry.

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