Answer:
Debit legal expense/penalties (p/l) $900,000
Credit Provisions (B/s) $900,000
Explanation:
According to IAS 37 Provisions, contingent liabilities and contingent assets, a provision is to be recorded where there is a present obligation as a result of a past event and the outflow of economic benefits to satisfy the obligation is probable.
Hence if it is probable that Scorcese will be liable for $900,000 as a result of this suit, a provision is needed and will be recorded by;
Debit legal expense/penalties (p/l) $900,000
Credit Provisions (B/s) $900,000
<span>Answer: a) Accommodation</span>
Choices given in the question are:
<span>a) accommodation
b) simple reflexes
c) assimilation
d) secondary circular reactions</span>
<span> </span> Accommodation<span> is Jean Piaget’s term to describe what occurs when new information or experiences cause minor changes like what happened to Baby Alexander. </span>
<span>A typical married couple would probably be a. Gilbert would be for splitting the household chores on the basis of time spent on each task. However, it is a bit unusual to actually calculate the time it takes for each task. B. and c. doesn't make sense. D. is also valid, however.</span>
They are all very wealthy with good buissness men or women running them
Answer:
A promissory note Is a written promise to pay a specified amount of money at a certain date
Explanation:
A promissory note is a financial documents containing a written promise by one party, that is the issuer of the document or note to pay another party a particular amount of money, when it is demanded or at a particular date in the future. Such a note contains all the terms that has to do with the indebtedness, like the principal, interest rate, maturity date, the date the note was issued and signatures.