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VMariaS [17]
3 years ago
15

When to do lists are arranged in priority order they are ranked in order of

Business
2 answers:
Savatey [412]3 years ago
6 0

Answer:

The correct answer is C, Importance.

Explanation:

When to do lists are arranged in priority order, they are ranked in order of importance.

People usually make to do lists to remember the work that needs to be done by them. To do lists can be arranged in different orders according to the need of the person.

In this question, when to do lists are arranged in priority order, they are ranked in order of the importance of the task to be done.

katrin [286]3 years ago
5 0
It would probably be number C because when something is a "priority" it means how "important" something is.
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Answer:

Yes

Explanation:

The Desses would have had a stronger argument if the contract was silent in this way because it would have been less likely that there was a designated class of third-party beneficiaries under the contract.

Cheers

7 0
3 years ago
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Prepare a December 31, 2020, balance sheet for Long Print Shop from the following: cash, $50,000; accounts payable, $38,000; mer
Bumek [7]

Answer:

                                   <u>Long Print Shop</u>

         <u>Balance sheet for the year ended December 31, 2020</u>

                                                         Amount in $                       Amount in $

<u>Assets</u>

<u>Non-current asset</u>

Equipment                                                                                     20,000

<u>Current assets</u>

Merchandise inventory                      14,000

Cash                                                     50,000

Total current asset                                                                        <u>64,000</u>

Total assets                                                                                  <u>84,000</u>

<u>Liabiities</u>

Accounts payable                                                                         <u>38,000</u>

Total liabilities                                                                             <u> 38,000</u>

<u>Equity</u>

Capital                                                                                            <u>46,000</u>

Total equity                                                                                   <u>46,000</u>

Total liabilities and equity                                                            <u>84,000</u>

Explanation:

The accounting equation shows the relationship between the elements of a balance sheet which are assets liabilities and equity. This may be expressed mathematically as

Assets = Liabilities + Equity

While assets include fixed assets, cash, inventories, account receivables etc, liabilities include accounts payable, loans payable, accrued expenses etc.

Equity which represents the amount owed to the owners of the business includes retained earnings (which is the accumulation of the net income/loss over the years less dividends paid) and common shares.

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This makes the $4,000 a current year expenses on wages.

the Entries to the above is stated below as:

Credit Bank with $13,000 as cash is paid from the bank

Debit wage payable with $9,000 as outstanding wages for year 1

Debit wage expense with $4,000 as current week wage payment

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gladu [14]
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makkiz [27]

Answer:

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3 years ago
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