Answer:
See explanation below for answer.
Explanation:
In the case of the United States debt to China, the bank in this case is China because, following the analogy in the question, the person entity that lends money to another is the "bank".
As of December 2019, the United States debt to China stood at $1.07 trillion.
This therefore goes to further buttress the point of China being the bank in the case of them lending money to the United States of America.
Answer:
C : expensing a part of the cost of a building
Explanation:
A deferral is an amount of money that was earned or paid but that would be included in the income statement in a future accounting period. According to this, the answer is expensing a part of the cost of a building because the company pays the cost of the building but includes a part of it in the current period and the remaining will be recorded in a future period.
She can go to the back the bank the day after an make the payment
'Mountain formation' or 'orogeny'
Answer:
Date Account Title Debit Credit
31 Dec. Pension Expense $122,600
Unfunded pension liability $122,600
(To record the quarterly pension cost)
15 Jan. Unfunded pension liability $122,600
Cash $122,600
(To record the payment of accrued pension liability)
