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KonstantinChe [14]
3 years ago
15

Check my account to help me out please!

Business
1 answer:
loris [4]3 years ago
4 0
What do you mean by this
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To be recorded as a liability, an item must meet three specific conditions. Two of them are: it must involve probable future sac
natima [27]

Answer:

It must involve the transfer of resources to another entity.

Explanation:

A liability is defined as an obligation of future outflow of economic benefits that arise as a result of past actions either through sales , exchange of assets or services , or any other business related events.

Before a liability can be recognized , it must satisfy these three conditions

  1. It must involve probable outflow of economic resources
  2. A present obligation that arose as a result of past transactions
  3. It must involve a transfer of resources to another entity
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3 years ago
A ________ is a collection of tasks, steps, or activities that are performed, usually in a specific order, and result in an end
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Answer:

b

Explanation:

A process is a collection of tasks,steps,or activities that are performed

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2 years ago
Hart, an individual, bought an asset for $500,000 and has claimed $100,000 of depreciation deductions against the asset. Hart ha
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Answer

The answer and procedures of the exercise are attached in the following images.  

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in 2 sheets with the formulas indications.  

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4 years ago
Frolic Corporation has budgeted sales and production over the next quarter as follows: August September Sales in units Productio
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3 years ago
In a certain country, the labor force is 30 million and the unemployment rate is 5 percent. what is the amount of unemployed ind
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Given the number of the total population who belonged in the work or labor force which is 30 million, and the recorded percentage of those who are unemployed is 5 percent, this means that a number of unemployed individuals in this country is 1,500,000. Hope this helps.
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