Answer: short selling
Explanation: In simple words, short selling refers to the process in which an individual borrows stock from its holder with the promise of giving it back after a specific time and at a specific price, after borrowing he or she sells the stock at the current market price and expects that the price of stock will decrease in future.
The borrower then purchases the stock at a lower price and gives it back to the lender with the margin profit in his or her pocket. Short selling works like a speculation but only market experts do such activity due to high risk involved.
Such processes are of high value to the market as they result in creation of liquidity.
Answer:
Note: The full question is attached below
S/No Accounts titles and Explanation Debit ($) Credit ($)
A. Accounts receivable 5,200
Service revenue 5,200
(To record the service revenue)
B. Cash 3,100
Service revenue 3,100
(To record the service revenue)
C. Cash 1,500
Unearned service revenue 1,500
(To record the advance received for the services to be provided)
D. Cash 4,600
Accounts receivable 4,600
(To record the collection of amount)
E. Rent payable 1,100
Cash 1,100
(To record the payment of bill)
F. Rent expense 1,200
Rent payable 1,200
(To record the accrual of rent expense)
An information management specialist would be the one to fix an issue with a network.
Adjusting entry for Insurance Expense:
In the given case, the insurance was purchased on July 1 of the same year for one year of insurance coverage, with coverage beginning on that date. It means the Insurance expense for the current year shall be calculated for the period (July 1 to Dec. 31) =6 Months
The Total amount paid for one year was $6,000. So the amount of expense for the current year shall be 6000*6/12 = $3,000
Hence the adjustment entry shall be made for $3,000 Insurance expense. We shall debit Insurance expense and Credit the Prepaid Insurance. The
Adjusting Journal entry as on Dec. 31 shall be as follows:
Insurance Expense Debit $3,000
Prepaid Insurance Credit $3,000
If TOMS decided to enter the tea business and they purchased part of a foreign tea company to join with them to found TOMS Teas, this would be an example of __________.
a. direct foreign investment
b. contract manufacturing
c. a joint venture
Answer:
This would be an example of a joint venture.
Explanation:
A joint venture (JV) is a corporate agreement in which two or more organisations agree to share money to carry out a specific mission. This role can be a new project or a new enterprise.
Each of the partners shall be liable in a joint venture (JV) for benefit, loss and related costs. The corporation is therefore its own organisation, independent from other corporate interests of the members.
These are alliances, which can carry on some formal system in a conversational context.
The common usage of JVs is to join a global industry partner with such a local company.