Answer and Explanation:
a. The Journal entry is shown below:-
Lawsuit loss Dr, $900,000
To Lawsuit liability $900,000
(Being lawsuit loss is recorded)
Here we debited the lawsuit loss as it increased the losses and we credited the lawsuit liability as it also increased the liabilities because the losses contains normal debit balance and the liability contains normal credit balance
b. No Journal entry is required as The loss is not accrued as it is not expected that a liability has been spent at Dec 31, 2020
Spending analysis would use data to analyze purchasing data.
The choices can be found elsewhere and as follows:
A. Avoids the security vulnerabilities that are inherent in social media.
B. Uses the newest technology available.
C. Enhances comprehension of the message content.
<span>D. Requires the user to take a specific action to access the message.
I believe the correct answer is option C. </span>In an emergency the most effective communication tool is one that reaches the target audience is timely and reliable and enhances comprehension of the message content.
Answer:
Warranty of fitness for particular purpose.
Explanation:
Under the principle of implied warranty, products must be fit for the particular use for which they are intended. What does one do with a drink other than drink it ? Therefore, there was no need for Wanda to inform Kelly about the purpose, as Kelly is aware of the purpose for which Wanda wants the product.
Hence, it is seller Kelly's duty to ensure that the goods are suitable for that purpose.In other words, there was an implied warranty that the drink was fit to be consumed.
Answer:
The answer to the question is Binary
