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GREYUIT [131]
3 years ago
10

XYZ borrowed $50,000 this year. Half of the loan will be repaid next year and the remainder will be paid the following year. How

will the $50,000 be reported on its balance sheet at the end of this year? (Check all that apply.)
Business
2 answers:
sasho [114]3 years ago
7 0

Answer:

<u>Under current liabilities you must record:</u>

Current portion of long-term debt (CPLTD) $25,000

Accrued interest payable XXX (the interest rate is not given)

<u>Under long term liabilities you must record:</u>

Long-term debt (LTD) $25,000

Explanation:

Current portion of long-term debt (CPLTD) account in the balance sheet is used to report the amount of long-term debt principal that is due within a year. Accrued interest expense must be recorded separately, since interests and principal must be treated separately.

finlep [7]3 years ago
4 0

Answer:

The answer is given below;

Explanation:

                                              XYZ

                                        Extracts from Balance Sheet

                                        As at XXXXX

Current Liabilities

Current  portion of long term loan     *$25,000

Long Term Liabilities

Long Term Loan                                   $25,000

As the 50% of the loan will be repaid in next year, therefore ($50,000/2) will be shown in current liabilities. The rest of the  loan is shown  as long term loan as it will be repaid after 12 months.

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nordsb [41]

Answer

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Step-by-step explanation:

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3 years ago
Which of the following is not allowed by scrum refactoring velocity tracking relaease planning hardening sprints
Igoryamba

Answer:

(B) Hardening sprints

Explanation:

Hardening Sprints are not allowed because the subject of hardening should be continuously address throughout normal Sprints.

Or if the question has the following options:

Which of the following is not allowed in Scrum?

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The payoff matrix represents hypothetical profits that could be earned by two milk sellers who have formed a cartel. each seller
vazorg [7]

For the statement  "The payoff matrix represents hypothetical profits that could be earned by two milk..." and the Milky Mose table  Both will cheat Option C. This is further explained below.

<h3>What is a payoff matrix?</h3>

Generally, payoff matrix is simply defined as when one player's tactics and those of the other are represented in a table called a payoff matrix, they are listed in rows.

In conclusion, In order to get an edge, both parties will engage in dishonesty. As a result, both parties will be tempted to cheat in order to gain an unfair advantage.

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Read more about payoff matrix

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