All categories

3 years ago

What is an example of a long term liability?

Business

2 answers:

sergij07 [2.7K]3 years ago

6 0

Prporety it is the long-term

bixtya [17]3 years ago

4 0

Answer: A mortgage.

Explanation: A liability is something you're reliable for. You're supposed to pay back a mortgage, although this could take many years. Therefore, a long term liability is a mortgage.

You might be interested in

When analyzing stages of economic development in the United States, it appears that we have entered the "tertiary stage." This i

Nastasia [14]

Answer:

C) services.

Explanation:

This is easily explained to be the stepping in to a tertiary stage. As it is explained that economic development analysis stages consists of different phases and levels. This services that is been denoted in this growth in the US plays a key role in financial services, humanity, health and other visible relevant parts which help in the building and aiding of economic growth of a country's economy.

Information technology and educational services in a product offering. These services are seen to boost different parts of an economy especially in developing countries is mostly concentrated in financial services, hospitality, retail, health and human services.

6 0

3 years ago

Q: In about 200 words, write an essay analyzing the STEEPLE Module .

Kaylis [27]

The STEEPLE model is a very complete model that can be used to analyze the factors that affect a specific situation.

<h3>What is the STEEPLE model?</h3>

This is an analysis model in which each letter represents a factor to be analyzed:

Social
Technology
Economic
Environmental
Political
Legal
Ethical

<h3>What is an example of this model?</h3>

Let's analyze a war between two countries:

Social: The families are negatively affected by the war.
Technology: Weapons and other technologies are used as part of the war.
Economic: The economy of the countries involved and other nearby countries can be negatively or positively affected.
Environmental: There is pollution due to waste derived from weapons.
Political: Most wars are the result of political conflicts.
Legal: There are specific international rules that regulate wars.
Ethical: The use of weapons against a population rises ethical concerns and dilemmas.

Learn more about analysis in: brainly.com/question/5040600

4 0

2 years ago

Prist Co. had not provided a warranty on its products, but competitive pressures forced management to add this feature at the be

Naddika [18.5K]

Answer:

Event 1:

Debit Warranty expense for $8.416.

Credit Warranty liability $8,416.

Event 2:

Debit Warranty liability for $8,416.

Debit Warranty expenses for $11,484.

Credit Cash for $19,900.

Explanation:

Estimated warranty liability = $4,208,000 * 0.2% = $8,416.

Excess of actual and over extimated warranty liability = $19,900 - $8,416 = $11,484

The journal entries will look as follows:

<u>Details Dr ($) Cr ($) </u>

Warranty expense 8.416

Warranty liability 8,416

<em><u>(To record the estimated warranty liability). </u></em>

Warranty liability 8,416

Warranty expenses 11,484

Cash 19,900

<em><u>(To record actual warranty cost). </u></em>

8 0

3 years ago

The ALG Manufacturing Company has gathered the following information for the month of September:• 6,000 units in the beginning W

mars1129 [50]

Answer:

C. 66,000

Explanation:

Ending Work in Process (WIP) = Beginning Work in Process + Units Started into Production - Units Completed and Transferred

Ending WIP = 6,000 * 100% + 60,000 - 50,000 = 16,000

Equivalent Units of Production (EUP) = Units Completed + Units Ending WIP x % of conversion

EUP = 50,000 + 16,000 * 100 = 66,000

4 0

3 years ago

A special barrel freezer is then used to gradually freeze the ice cream. The machine also pumps clean air into the mix. This ste

zvonat [6]

Answer:

Hmmmm... Brainly??

Explanation:

Hope this helps!!! lol

3 0

3 years ago