Answer:
Skysong, Inc.
Balance Sheet (Partial)
As on December 31, 2017.
Liabilities
Long Term Liabilities
Bonds payable (due 2021) $920,000
Notes payable (due 2019) $84,000
Discount on bonds payable (<u>$23,000)</u>
Total Long Term Liabilities <u>$981,000</u>
Explanation:
Long term liabilities are all those liabilities that will be paid after one year's time. As Bond Payable is due in 2021 and needs to be paid after 4 years it is classified as long term liabilities. Note Payable is also due in 2019 and needs to be paid after 2 years it is also classified as long term liabilities.
Answer:
B) autocratic
Explanation:
Nicola is displaying the decision-making style known as autocratic. This is because she is not asking for input or advice from employees, and instead makes the entire decision herself. Therefore, she is taking complete control over the situation by doing so and also taking full responsibility of both the situation and the possible consequences that may arise from the decision that she has made. This form of fast, controlling, action is part of an autocratic decision-making style.
Answer:
$15,000
Explanation:
Given that,
Credit balance in Unearned Revenue account = $10,000
Advance payment by a customer = $12,000
Revenue earned during January = $7,000
Balance in unearned revenue:
= Credit balance in Unearned Revenue account + Advance payment by a customer - Revenue earned during January
= $10,000 + $12,000 - $7,000
= $15,000
Therefore, the balance in Unearned Revenue on January 31, 2019 is $15,000.
Answer:
more than
Explanation:
When moving from point C to D, the cost of computer will increase resulting in price of agriculture goods to be lower than computer. The price of agricultural good is not affected only price of computer is increased.
