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Fittoniya [83]
3 years ago
13

Which of the following accounts could be found in the PQ partnership's general ledger?I. Due from PII. P, DrawingIII. Loan Payab

le to Q A. I, IIB. I, IIIC. II, IIID. I, II, and III
Business
1 answer:
faltersainse [42]3 years ago
8 0

Answer:

D. I, II, and III

Explanation:

In partnership general ledger, the following accounts need to be considered which is shown below:

1. Capital account

2. Drawing account

3. Loan payable account

4. Interest on capital account

5. Interest on drawing account

In the question, the choices are provided. By going through the choices, option D is correct which includes all three accounts.  

So, options A, B, and C are incorrect.

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Federal antitrust statutes are complex, but the basic goal is straightforward: to prevent a major industry from being so dominat
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Answer:

Since it is the supreme Court that has given this decision, there is nothing much an individual congressman can do alone or even a president.

However, since anti trust laws do not cover those which are not trade or Commerce in nature, a congressman can propose to inact new laws that cover Sports related economic activities. Or they can pass a new law to include the sports related financials in the anti trust laws. But this could change the structure and the purpose of anti trust laws.

Explanation:

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3 years ago
Why should you study more difficult topics first?
nexus9112 [7]

Answer:

b

Explanation:

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3 years ago
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Changes in accounting estimates are: Multiple Choice Extraordinary items. Accounted for with a cumulative "catch-up" adjustment.
Tom [10]

Answer:

The answer is D. Accounted for in current and future periods.

Explanation:

A change in accounting estimate is an adjustment of the carrying value of an asset or liability arising from reassessing the expected future economic benefits and obligations associated with that asset or liability.

Changes in accounting estimates must be shown in the accounting period in which the estimates are revised and periods after i.e accounted for prospectively. Example is a change in useful life and salvage value of a fixed asset

4 0
3 years ago
At the beginning of her current tax year, Angela purchased a zero-coupon corporate bond at original issue for $51,500 with a yie
wolverine [178]

Answer:

Angela's income interest is $772,500‬

Explanation:

Income interest at 1st Semiannual duration

Semi annual interest = $51,500*6%*(6/12)= $154,500

Income interest at 2nd Semiannual duration

Note New Principal for 2nd year will be =$51,500+$154,500= $206,000

Semi annual interest = ($51,500+$154,500)*6%*(6/12)= $618,000‬

There fore Total income = $154,500+$618,000‬= $772,500‬

5 0
3 years ago
Give four reason as to why being an entrepreneur is beneficial than a doing a job​
anastassius [24]

Answer:

Hope this helps!

4 reasons:

Explanation:

1) Being an entrepreneur is beneficial because it helps you get to know yourself better. You get to be your own boss.

2) Entrepreneurs get to make their own schedule. You can work for flexible hours.

3) You get to be more independent. Taking entrepreneurship will grant you freedom.

4) Choosing to be an entrepreneur is a big risk. This means your taking a challenge in your life. You'll make yourself stronger!

The best part though? It is a big satisfaction when you succeed, yeah and you'll definitely be proud of yourself.

5 0
3 years ago
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