1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
earnstyle [38]
3 years ago
8

RSR

Business
1 answer:
Reptile [31]3 years ago
4 0

Answer:

D. liabilities.

Explanation:

Payables are payments the business is expecting to make to its suppliers. They represent the goods and services that the company has received but has not paid. Payables are there amounts a business owes to other parties. They are debts are hence should be recorded as liabilities.

Liabilities are the financial obligations a business owe to third parties. They are debts incurred in the normal course of business operations. Liabilities are grouped as either current or long-term. Current liabilities are due within the current financial year, while long-term are payable in future financial periods.

You might be interested in
(Last Word) The U.S. Internet search market: A. has no barriers to entry. B. is best characterized by pure competition. C. has a
Neporo4naja [7]

Answer:

D. is dominated by Google, which controls about 70 percent of the market.

7 0
4 years ago
Read 2 more answers
Read the following descriptions and identify the type of risk or term being described:
vagabundo [1.1K]

Answer:

Foreign exchange risk

Explanation:

These are the risks that an international financial transaction could accrue because of fluctuations in the currency.

A standard measure of the risk per unit of return and this type of risk relates to fluctuations in exchange rates.

Therefore, according to the following descriptions, the type of risk or term being described is Foreign exchange risk.

7 0
3 years ago
Accompanying a bank statement for Borden Company is a credit memo for $21,200 representing the principal ($20,000) and interest
Wittaler [7]

Answer:

The journal entry to record this note collection carried out by the bank should be:

Dr Cash 21,200

    Cr Notes receivable 20,000

    Cr Interest revenue 1,200

Explanation:

Notes receivable is an asset account and it probably represented a sale made on credit by the company, so when it was collected, the amount should decrease and that is done by crediting it.

On the other hand, since only $20,000 belonged to the note, the rest ($1,200) must be recorded as interest revenue. Revenues are always credited.

4 0
3 years ago
A country redesigned its tax policy so that the tax rate was reduced for individuals earning larger amounts of money. For exampl
storchak [24]

Answer: B. regressive taxation

Explanation:

Regressive taxation is a form of taxation where people who earn higher income pay a less percentage of income as tax while those who earn less income pay a higher percentage of income as tax.

Progressive taxation is a form of taxation where people who earn higher income pay a higher percentage of income as tax and those who earn less income pay a lower percentage of income as tax.

6 0
3 years ago
Read 2 more answers
How do banks make most of their profits?
klasskru [66]
Fees charged to customers for account maintenance :)
5 0
3 years ago
Other questions:
  • Each year, a media company asks every department manager to rate his or her department's strengths and weaknesses as well as tho
    6·1 answer
  • What is one advantage that big corporations had over small businesses
    6·3 answers
  • Suppose every student in a class is surveyed and it is found that? 75% of the class plans to take another math class. it is repo
    11·1 answer
  • Suppose you invest 60% of your portfolio in campbell soup and 40% in boeing. the expected dollar return on your campbell soup st
    7·1 answer
  • "After decades of fabulous growth, the trade show industry is experiencing business decline. A report by the National Trade Show
    12·1 answer
  • Consider a small economy composed of six people: Musashi, Lucia, Paolo, Amy, Van and Sharon. Each person's employment status is
    9·1 answer
  • True or False: Stress is always present.
    12·2 answers
  • Buying a new computer for which of these reasons is most likely a sound financial decision
    5·2 answers
  • Ok write your age and then multiple it by ten then divide it by your birth year
    5·2 answers
  • Which financial statement is prepared last? a. statement of owner's equity b. income statement c. balance sheet d. the financial
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!