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JulijaS [17]
3 years ago
7

Short-term notes payable: Multiple Choice Cannot replace an account payable. Can be issued in return for money borrowed from a b

ank. Are not negotiable. Are a conditional promise to pay. Rarely involve interest charges.
Business
1 answer:
dybincka [34]3 years ago
7 0

Answer:

Can be issued in return for money borrowed from a bank.

Explanation:

The short term note payable is a note payable that can be issued against the borrowed amount. Since it is short term so its duration is within one year and it is an amount of loan in which the person has to pay within the specified time period along with the interest charges. It is shown in the liabilities side of the balance sheet

Hence, the second option is correct

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A mask company set up a hospitality tent outside the Olympics arena. Its goal was to eoncourage patrons to view it as an Olympic
Grace [21]

Answer: Ambush Marketing

Explanation:

The mask company is engaged in Ambush marketing in the Olympics event.

Ambush marketing is a marketing technique that businesses use to give the public an impression that they are sponsoring an event when they aren't.

3 0
3 years ago
Marcella has a $65,000 basis in her 50% partnership interest in the JM Partnership before receiving any distributions. This year
PSYCHO15rus [73]

Answer:

C) $40,000 inventory basis, $15,000 JM basis.

Explanation:

JM distributed $80,000 worth of inventory, since Marcella has a 50% partnership interest, then half of the inventory belongs to her, $40,000 (= $80,000 / 2).

Since Marcella also received $10,000 in cash from JM, then her remaining basis in the partnership is:

$65,000 - $40,000 - $10,000 = $15,000

3 0
3 years ago
when considering the materials aspect of your art show budget, you should consider everything you need others to do to make the
sladkih [1.3K]

When considering the materials aspect of your art show budget, you should consider everything you need others to do to make the show happen, this statement is false.

An art show is historically the distance wherein artwork objects meet an target market. The showcase is universally understood to be for a few brief duration except, as is hardly ever genuine, it is said to be a "everlasting exhibition". In American English, they may be referred to as "showcase", "exposition" or "display".

What is the reason of an art show?

"Short solution: to make artists' ideas public. "long answer: The reason of an art show is ultimately unique to every exhibition, pushed with the aid of artists' ideas, the context of the distance, and the organizer/curator.

How do I get into art show?

Recognize the topic.

Study and understand the rules thoroughly.

Follow the regulations.

Input the most quantity of portions that you are allowed.

Provide the info but not any greater than that.

Enter as many suggests as possible.

Do not take it for my part in case your artwork doesn't get in.

Learn more about art show here:- brainly.com/question/25729154

#SPJ4

8 0
2 years ago
Vijay Inc. purchased a three-acre tract of land for a building site for $260,000. On the land was a building with an appraised v
puteri [66]

Answer:

$273,840

Explanation:

The Cost of of an item of Property, Plant and Equipment according to IAS 16 include the purchase price and any directly related costs incurred in bringing the asset in the condition and location for operation as intended by management.

<u>Calculation of the Cost of Land</u>

Purchase Price                                                                                $260,000

Cost after proceeds to demolish old building($11,300 - $1,670)      $9,630

Insurance                                                                                                $830

Legal Fees                                                                                              $420

Property taxes  ( $3,300 - $170)                                                          $3,130

Capitalized Cost                                                                              $273,840

3 0
3 years ago
Gently laser clinic purchased laser equipment for $4,445 and paid $633 down, with the remainder to be paid later. the correct en
xxMikexx [17]

Answer:

Accounts Payable $3,812 credit

<h3>Explanation:</h3>

Equipment  $4,445 debit,

Cash $633 credit,

now, $4445- $633 = $3,812

The correct entry would be $3,812.

To learn more about it, refer

to brainly.com/question/26106218

#SPJ4

5 0
2 years ago
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