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Annette [7]
3 years ago
7

1. business and exchange of goods by purchase, trade, or sale license 2. can be felt by touching, material commerce 3. authoriza

tion by law tangible 4. system of authority over a group of people federal 5. government formed by a union of smaller groups utility 6. public service such as gas, telephone, water, or electric power. government
Business
1 answer:
Marrrta [24]3 years ago
3 0

1. business and exchange of goods by purchase, trade, or sale----commerce


Commerce refers to the conduct of exchange among financial specialists. For the most part, commerce alludes to the trading of products, administrations or something of significant worth, between organizations or elements. From a wide point of view, countries are worried about overseeing commerce in a way that improves the prosperity of residents, by giving occupations and creating valuable products and services. Commerce ordinarily alludes to the macroeconomic buy and offer of merchandise and enterprises by substantial associations at scale.  


2. can be felt by touching, material-------tangible


Tangible is when you can touch something. "I require tangible confirmation that outsiders exist.

Tangible is from Latin tangere "to contact," and it just means something that can be contacted or felt, however it very well may be utilized in allegorical faculties: "tangible resources" have an esteem that can be unequivocally estimated, and "tangible  sorrow" can be obviously detected by a passerby. So you should not have to physically contact something for it to be substantial, yet it must be grounded regarding genuine realities: "Has the teenager pop star exhibited any unmistakable capacity to sing?"


3. authorization by law--------license  


A license is an official authorization or allow to do, utilize, or claim something (and also the report of that consent or permit).  

A license can be conceded by involved with another gathering as a component of an understanding between those gatherings. A shorthand meaning of a license is "an approval to utilize authorized material".  

Specifically, a license might be issued by authorities, to permit a movement that would some way or another be prohibited. It might require paying a charge or demonstrating an ability. The prerequisite may likewise serve to keep the specialists educated on a kind of movement, and to give them the chance to set conditions and confinements.  

4. system of authority over a group of people-----government


A government is the framework or gathering of individuals overseeing a composed network, frequently a state.

Government, regardless of whether we allude to the framework or establishments in task, the gathering of individuals in control, or the procedure being used, is the specialist that sets rules for a general public, causes its individuals identify with each other and to other people, and keeps it running easily, safely, and gently.


5. government formed by a union of smaller groups------federal


A federal government is an arrangement of isolating up power between a focal national government and nearby state governments that are associated with each other by the national government. A few regions of open life are under the control of the national government, and a few zones are under control of the neighborhood governments.  

Federal government systems normally have a constitution that determines what territories of open life the national government will take power over and what regions of open life the state governments will take authority over.


6. public service such as gas, telephone, water, or electric power--------utility  

Utilities (water, electricity and gas) are fundamental administrations that assume an essential job in financial and social advancement. Quality utilities are an essential for powerful neediness destruction. Governments are at last in charge of guaranteeing dependable all inclusive access of administration under responsible administrative structures. Expanded competition in the utilities areas as of late has involved changes in administrative systems and proprietorship structures of endeavors, notwithstanding business expansion.

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Provide some examples of items that would be adjusted directly against equity, rather than being included as part of profit or l
Hunter-Best [27]

Answer:

1.Common Stocks Issues and Repurchases

2.Preference Stocks Issues and Repurchases

3.Dividends Declared

Explanation:

Common Stocks Issues and Repurchases

Common Stockholders have voting rights. The movement in the Stocks must be presented separately in the Statement of Changes in Equity.

Preference Stocks Issues and Repurchases

Preference Stockholders do not have voting rights. The movement in the Stocks must be presented separately in the Statement of Changes in Equity.

Dividends Declared

Dividends Paid are not included in Profit and Loss but in Statement of Changes in Equity.

Payment of Dividends adjusts the Retained Earnings Amount in Statement of Changes in Equity.

5 0
3 years ago
Facial cosmetics provides plastic surgery primarily to hide the appearance of the appearance of unwanted scars and other blemish
Gala2k [10]

Answer:

1.Alllowance for uncollectible accounts 2,400

2.Dr Bad Debt Expense 2700

Cr Allowance for Doubtful Account 2700

3.Dr Allowance for Doubtful account 400

Cr Accounts receivable 400

4) Dr Cash 100

Cr Allowance for Doubtful account 100

Explanation:

Calculation of the allowance for uncollectible accounts

Using this formula

Alllowance for uncollectible accounts=(Not Yet Due)+(0-30 days past due)+(30-60 days past due)+(More than 60 days pst due)

Let plug in the formula

Alllowance for uncollectible accounts=

(30,000 *2% )+ (10,000* 5%) + (7,000* 10 %)+(3,000* 20% )

Alllowance for uncollectible accounts =600+500+700+600

Alllowance for uncollectible accounts = 2,400

2)Record of the he December 31, 2018 adjusting entry

300 debit balance+ 2,400

=2,700 Adjustment

Dr Bad Debt Expense 2,700

Cr Allowance for Doubtful Account 2 700

3) Journal entry to record the write off.

Dr Allowance for Doubtful account 400

Cr Accounts receivable 400

4) Journal entry to Record the cash collection

Dr Cash 100

Cr Allowance for Doubtful account 100

7 0
3 years ago
Suppose that a bank has loaned money to two businesses: a trustworthy computer manufacturer and a risky mining venture. Unfortun
SVETLANKA909090 [29]

Answer:

The situation is called insolvency. insolvency is refer to the situation when debtor is unable return its debt.  The same is happened in the given situation. In the above case due to not paid by manufacturing unit, bank is unable to pay to depositor.

Insolvency is refer to that critical condition when debtor unable to pay amount to depositor. In the above given case even if bank want to sell its all assets it cannot cover its liabilities.Explanation:

8 0
3 years ago
When Joe didn't have health insurance, he acted very cautiously, because he knew he would have to pay for any medical bills he i
pishuonlain [190]

Answer:

The correct option is B

Explanation:

As Joe has health insurance, now he is engaged in the activities which are more risky because he knows that if he gets hurt then the health insurance will cover it. So, this economic problem in the story will be referred to as the moral hazard because it is a hazard when one party can take the risks knowing that the other party will bear the outcome.

7 0
3 years ago
The liabilities of Oriole Company are $117,000 and the owner’s equity is $227,000. What is the amount of Oriole Company’s total
o-na [289]

Answer:

$344,000

Explanation:

Assets can be calculated by applying the accounting equations.  In the accounting equations

Assets = Liabilities + Equity

In this case, liabilities are  $117,000 and Equity is $227,000.

Therefore,

Assets = $117,000 + $227,000

Assets = $344,000

6 0
3 years ago
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