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kkurt [141]
4 years ago
7

When a liability is first recorded, it is _____. reported as a current liability. reported as a long-term liability. measured in

terms of the probable future payment of assets or services that a company is presently obligated to make as a result of past transactions or events. recorded only if it must be paid within the current operating cycle or one year, whichever is longer. recorded only if it must be paid within the current operating cycle or one year, whichever is shorter.
Business
1 answer:
bekas [8.4K]4 years ago
7 0

Answer:

measured in terms of the probable future payment of assets or services that a company is presently obligated to make as a result of past transactions or events.

Explanation:

According to my research on financial accounting terms, the term liability is defined as the state of being legally responsible for something (dept such as auto or student loans). When a liability is first recorded it is measured in terms of the probable future payment of assets or services that a company is presently obligated to make as a result of past transactions or events. Basically calculating the amount of future payments that need to be made by the dept owner.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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3 0
2 years ago
A natural resource, such as fishing territories, is considered an example of :
MrMuchimi

Answer: Option C

           

Explanation: In simple words, land refers to the place where the core operations of the business have to happen initially such as manufacturing, administration  etc.

Capital refers to the resources that are invested by owners with the objective of operating business. And labor refers to the man force employed in business for operations.

Hence fishing territory is a land as it is not invested by any owner and without any employment of workforce it does not have any utility.

8 0
3 years ago
The_________for a soft drink manufacturer would include other manufacturers of soft drinks, fruit juices, bottled water, sports
AlladinOne [14]

Answer:

The answer is A

Explanation:

Competitive environment is an environment where competitors compete with one another for customers.

For example, Westpac, NAB, Commonwealth Bank and ANZ are in the same competitive environment. These are banks in Australia.

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8 0
3 years ago
An example of organizational antecedents is a. Scarcity of resources b. Role ambiguity c. Promotions d. Democratic decision maki
allsm [11]

Answer:

decision making

democratic

5 0
2 years ago
On January 1, 2018 when the effective interest rate was 12%, Philips Co. issued bonds with a maturity value of $200,000. The sta
lesantik [10]

Answer:

b. slightly higher than 12%.

Explanation:

As it received 198,000 dollars from the 200,000 face value there is a discount of 2,000

therefore the actual market rate in the bonds will be above par as it will pay 12% like if it receive 200,000 but only get 198,000 in reality thus the cost of ddebt based on the actual amount received is above 12%

4 0
4 years ago
Read 2 more answers
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