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alukav5142 [94]
3 years ago
5

Liabilities are amounts you _____. (1 point) owe consider assets avoid add to your assets

Business
2 answers:
Alik [6]3 years ago
6 0

Liabilities are amounts you avoid add to your assets. By definition, Liabilities are when the state or the person is being legally held responsible that may cause problems. Ideally, one must avoid assets but we can’t have the best of both worlds so there will always be an expected liability in an asset.

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Aleks04 [339]3 years ago
4 0

The Correct answer: OWE

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Splish Brothers Inc. reported a net loss of $14400 for the year ended December 31, 2022. During the year, accounts receivable de
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The answer is C
Provided net cash 24 k
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2 years ago
Bakers are much ___________ likely to supply pastries to the market if property rights are not enforced. In the presence of mark
Gwar [14]

Answer: more; externality; market power.

Explanation:

Bakers are much (more) likely to supply pastries to the market if property rights are not enforced.

a. A manufacturing plant dumps chemical waste into a nearby river, poisoning the water supply for a small town downstream. - Externality

Externality, refers to the benefit s or costs that someone else incurs based on the economic decision of another person. In this case, this is a negative externality as the small town bears the cost of the production activities of the company.

b. A single public utilities company is responsible for supplying electricity for an entire state. As a result, the utilities company can set the price of electricity - Market power

Market power is when a firm is able to dictate the price and can then raise the price. This brings about the reduction in output as well. Since the single public utilities company is responsible for supplying electricity for an entire state, the company is enjoying monopoly power or market power.

8 0
3 years ago
S&amp;L Financial buys and sells securities that it typically classifies as available-for-sale. On December 27, 2018, S&amp;L pu
nikdorinn [45]

Answer:

2018 loss for 1,500

2019 gain for 4,000

Explanation:

purchase at 715,000

December 31th 713,500

adjusting entry december 31th

loss on investment          1,500 debit

    marketable securities                     1,500 credit

january 3rd, 2019

cash                                717,500 debit

     gain on investemnt                       4,000 credit

     martetable securities                 713,500 credit

to record gain on investment

6 0
3 years ago
In what areas is Leslie's overspending hurting her budget?
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Answer:

yes

Explanation:

any all all my stuff going see week

5 0
3 years ago
Read 2 more answers
Partnership records show the following capital balances at the date of Hopkin's withdrawal: M. Hammel, $80,000; D. Hopkins, $210
Anestetic [448]

Answer:

Dr D. Hopkins, Capital 210,000

Cr P. Houghton, Capital 10,000

Cr M. Hammel, Capital 10,000

Cr Cash 230,000

Explanation:

Preparation of the December 31 journal entry for the partnership.

Based on the information given the December 31 journal entry for the partnership will be :

Dr D. Hopkins, Capital 210,000

Cr P. Houghton, Capital 10,000

(100,000-80,000/2)

Cr M. Hammel, Capital 10,000

(100,000-80,000/2)

Cr Cash 230,000

3 0
2 years ago
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