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goblinko [34]
3 years ago
13

Which of the following does not represent an asset of a company?

Business
1 answer:
mariarad [96]3 years ago
3 0

Answer:

4. Amounts owed to suppliers

Explanation:

We know that

Balance sheet comprises of assets, liabilities and the stockholder equity

The assets could be classified into current asset, fixed asset, and the intangible assets

While the liabilities are also classified into current liabilities and the long term liabilities  

The account receivable, equipment, supplies have come on the asset side of the balance sheet whereas the account payable or amount owed to suppliers have come on the liabilities side of the balance sheet

So, the most appropriate option is 4.

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Mamont248 [21]
Time value of money <span>it's best to have money today, so it can be put to work sooner to make even more money. When you have money now, you can invest and start building </span>interest on it. The quicker you have money, the quicker you start to grow your money and the sooner it can double, triple etc. 
4 0
2 years ago
An Organization pays $65,000 in Social Security taxes for its employees. When payroll liabilities are journalized, how mucus ent
tatyana61 [14]

Answer:

It's NOT $65,000

Explanation:

the test

7 0
2 years ago
The owner of a ______ possesses the same interest as the owner of a fee simple absolute, except that this interest is subject to
KonstantinChe [14]

Answer:

Conditional Fee Estate

Explanation:

Based on the information provided within the question the term being described in the question is called a Conditional Fee Estate. This is (like mentioned in the question) similar to a fee simple except the property must eventually be passed on to the heirs. Which is why it is named as Conditional, because failure to do so will eventually cause the termination of the interest.

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

3 0
3 years ago
Sally needs to be able to deliver customer sales data to multiple departments in real time. Which feature of her company's new a
luda_lava [24]

Sally needs to deliver customer sales data to multiple departments in real-time by using customizable reports.

<h3>What do you mean by accounting?</h3>

Accounting is a means of collecting, summarizing, analyzing, and reporting business information in monetary terms.

As sally needs to deliver the customer sales data to multiple departments in real-time, customizable reports can be helpful in this case.

A customizable report is a type of report that is created and metrics and dimensions should be added and it will display in the way.

Therefore, OB is the correct option.

Learn more about accounting here:

brainly.com/question/5399294

#SPJ1

5 0
2 years ago
For each of the following products and services, indicate whether it is more likely produced in a process operation or in a job
lord [1]

Answer:

Process operations are for when there are multiple goods to be produced. These products normally have the same specifications so can be mass produced.

This is different from Job order operation which is used when a single good is product. It is usually used for customized goods.

Process operations:

  • Beach towels
  • Bolts and nuts
  • Lawn chairs
  • Headphones

Job Order operation

  • Designed patio.
3 0
3 years ago
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