Answer:
(d) $6,000
Explanation:
The computation of the total liabilities is shown below:
Total liabilities = Office equipment purchased - cash paid
= $10,000 - $4,000
= $6,000
The remaining amount would reflect the note payable which is come under the liabilities accounts which is shown in the balance sheet.
The other information which is given in the question is not related to the liabilities account. Hence, we ignored it.
Answer: <u><em>Audit</em></u>
Explanation: In this case the evaluation of financial records of the corporation(Maine Manufacturer) done by Holly lane is known an <u><em>audit.</em></u>
Audit is a methodical and autonomous process under which one examines statutory records(i.e books, accounts,documents and vouchers) of an institution and also appraise their acquiescence with laws, and provide an assessment reflecting the expound of organization's financial records.
Therefore, the correct option is (b)
Answer: Option C
Explanation:
A. Bonds can be called at discount or premium depending upon the interest rate availing in market and the coupon interest rate.
B. In case of bearer bonds no transactions and ownership records are maintained.
C. Indenture is the contract between issuer and holder specifying the duties and obligations of issuer and the rights of holders.
D. Collateralized bonds are backed by a pool of assets while debentures are unsecured bonds .
E. A bondholder can have the right to determine it only when he have the put option with him otherwise the right to call bond lies with the issuer.
Answer:
Evaluation of alternatives
Explanation:
The stages in the purchase decision process are:
- Problem recognition.
- Information search.
- Evaluation of alternatives.
- Purchase decision.
- Post-purchase evaluation.
During the evaluation of alternatives stage, the customer is comparing different products or services that might satisfy his/her needs. The customer is using all the information gathered during the previous stage to compare which product will satisfy his/her needs better.
<u>Answer:</u>
<em>A greater than or equal to 0; B greater than or equal to zero. This is the correct statement.</em>
<u>Explanation:</u>
A practical arrangement is a lot of qualities for the choice factors that fulfils the majority of the <em>limitations in a streamlining issue</em>.
A neighbourhood ideal arrangement is one where there is no other practical arrangement in the region with a <em>superior target capacity esteem. 0.0</em>
