Answer:
The answer is:
1. N
2. L
3. C
4. N
5. L
6. N
7. C
8. C
9. C
10. L
Explanation:
Current liability is the type of liability whose obligations are due within a year.
Long-term liability is the type of liability whose obligations are due in more than a year's time i.e it has a lifespan of more than a year.
1. Machinery (expected life of 4 years) - N
2. Notes payable (mature in five years). - L
3. Accounts payable (due in 30 days). - C
4. Patents (to expire after 5 years) - N
5. Notes payable (due in 13 to 24 months) - L
6. Prepaid Insurance (6 months of coverage). - N
7. Current portion of long-term debt - C
8. Unearned revenues (to be earned over next 3 months) - C
9. FUTA taxes payable - C
10. Pension liability (to be paid to employees retiring in 2 to 5 years) - L
The third step in the organization development process is evaluation.
Organizational development is the research and implementation of practices, systems, and technologies that influence organizational change aimed at transforming organizational performance and culture. Organizational changes are typically initiated by group stakeholders.
Organization Development (OD) is an effort focused on empowering an organization through the coordination of strategy, structure, people, rewards, metrics, and management processes.
Organizational development, often abbreviated as OD, improves existing processes and creates new ones. The idea is to understand how to maximize the effectiveness, potential, and capabilities of people and organizations. The science of OD is a combination of work/organization and adult developmental psychology
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In creating a personal commercial, one have to give a conversational and natural oral presentation. One can start with:
- Been confident, have a good poised, and been professional.
<h3>What is a personal commercial?</h3>
Others are:
- Greet by saying: Hello, my name is (name).
- State your Goal, Interest and also your passion and others kind of attributes that can set you apart from others.
A personal commercial is known to be a short introduction that a person often give to a specific employer, mentor, or others.
Conclusively, By following the steps above, one can give a good personal commercial.
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At the time of collection, if the amount is paid within the discount period, the following entry is recorded:
Cash (+A).......................xxx
Sales discount(+XR,-R,-SE)........xxx
R. Jones (Accounts Receivables)(-A)….xxx
If the account is paid in full before the end of the discount period, the customer can be eligible for a cash discount rate. The duration of the trade credit is known as the credit period, and up until the end of the credit term, no interest is applied to the outstanding balance.
You use it to illustrate how a company's cash flow is distributed equally throughout the year rather than arriving in full at the end. We would use discount period numbers of 1 for the first year, 2 for the second year, 3 for the third year, and so on in a DCF without the mid-year convention.
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