Answer:
d. no one.
Explanation:
Since the issuer of the promissory note was originally Jake, he was the only responsible for the payment of the note. Once he dishonoured it, the note lost its value and no one can be responsible for it. A promissory note is an asset created as a counterpart liability of Jake wealth. If the note is exchanged many times, only the last holder will suffer jake's action
Answer:
Your correct answer ia A. debit to purchases
Explanation:
PLEASE MARK BRAINLIEST!!!
Answer:
The answer is given below;
Explanation:
Highlight Construction Company
Summarized Income Statement
For the year December 31, 2014
Amount in $
Sales Revenue 117,000
Expenses (86,200)
Net Income before taxes 30,800
Income Tax Expense (30,800*30%) (9,240)
Net Income <u>21,560</u>
As per requirement of the question, only summarized income statement is prepared.
<span>This is outplacement assistance. By having such a service, a business can help smooth the transition from one career to another without hurting their reputation. The assistance that outplacement services can provide can help employees update their resumes and other professional documents as a way of making sure that they have the most up-to-date information available for getting back into the job market.</span>
Answer:
How often, on average, receivables are received and collected during the period
Explanation:
An account receivable is an accounting entry that measures the amount which a firm or organization will receive soon that is not paid yet by the customers. Likewise, account receivable turnover measures the average amount received and collected in a particular period. It helps to understand the average receivable amount and what must be changed to improve it.
