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The answer is true
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Answer:
Checking Account tell me if i'm wrong
Explanation:
Answer:
Please refer to the below
Explanation:
Journal entry as seen below
Feb 28 Sales tax payable Dr $975
Cash Cr $975
Since Jewelry store collected the sales tax from its customers, sales tax account will be debited because it reduces the balance in the account while cash account will be credited because the balance therein increases due to the sales tax collected.
Answer:
As a cause of the actions carried out by Toby, he is considered to have done a negligent job due to his lack of commitment to his work and has breached his obligations as a care fiduciary.
Explanation:
When talking about the fiduciary duty, it refers to the person who has been designated as responsible for the clients' resources. The fiduciary has the legal power to act on behalf of his client, but he must execute the actions where his client is not affected.
When a fiduciary fails to comply with the duty of his obligations, it can lead to the payment of various fines for the damages caused to his clients and be removed from his position as a fiduciary.
I hope this information can help you.
It is an example of unilateral contract.
A unilateral contract expressly states that payment will be made solely via the performance of one party.
A unilateral contract is a business arrangement in which an offeror commits to pay when a certain act occurs. A award or a contest is another example of a unilateral contract. In a unilateral contract, the offeror has the right to rescind the offer before the offeree starts performing. Typically, the revocation must be expressed.
In general, unilateral contracts are utilized when an offeror has an open request for payment for a specific conduct.
Therefore, the answer is unilateral contract.
To know more about unilateral contract click here:
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