Answer:
The answer is You must have a long position in a futures contract.
Explanation:
A futures contract is an agreement to buy or sell an asset at a future date at an agreed-upon price. They are also often used to hedge the price movement of the underlying asset to help prevent losses from unfavorable price change.
Forward contracts are traded over-the-counter and have customizable terms that are arrived at between the counterparties. It is similar to futures contract in the sense that lock in a future price in the present.
However, in this case, Futures contracts apply because it is standardized thereby making each participant have the same terms regardless of who is the counterparty.
On the balance sheet after adjusting entries are made, the amount shown for the allowance for doubtful accounts is equal to the total estimated uncollectible accounts as the end of the year. A doubtful account is a reduction of the total amount of acounts receivable appearing on a company's balance sheet and are listed as a deduction immediately below accounts receivable line item.
A hospital whose departmental and shift teams share information and expectations about work is an example of high media richness.
<h3 /><h3>What is media wealth theory?</h3>
It is a way of classifying and structurally evaluating the wealth of media used in the work environment. The theory states that the greater the ability of a medium to convey a complex message effectively, the richer it will be.
Therefore, high media richness is related to reducing ambiguity in a communication, conveying a message more quickly and effectively.
Find out more about media wealth theory here:
brainly.com/question/5608221
Answer:
If a cheque was being issued to settle a account payable, the relevant entry is to debit the accounts payable account to show that the debt is being reduced. You will then credit the cash account to show that cash is being reduced as well because it was used to pay off the debt.
Date Account Title Debit Credit
XX-XX-XXXX Accounts Payable - Saurya Stores Rs. 39,000
Cash Rs. 39,000
The answer is the total budget cost. It is the one
responsible of the expense that the company needs and the estimated expense
that they had used that may be of use as their basis and for the their
future period.
