Answer:
d. balance sheet: assets understated, equity understated income statement: revenues understated
Explanation:
The journal entry would be
Account receivable Dr $450
To sales revenue $450
(Being sales revenue is recorded)
Here the account receivable is debited as it increased the assets and credited the sales revenue as it also increased the revenue also the equity would be increased
Therefore if this entry is not recorded so the revenue, net income, assets and equity all are overstated
hence, the correct option is d.
Answer: European union
Explanation: The European union is the joint union organisation of 28 European countries.
In the given case, Sebastian motors has been affected by the factor of external environment. In the year 2018, European union evidenced a major downfall in currency due to the brexit deal from England.
Hence from the above we can conclude that the correct answer is European union.
Answer:
The correct answer is letter "B": awareness; engagement.
Explanation:
Awareness is referred to as the capture of attention that something provokes on individuals because of the type of stimuli the object provokes or because individuals relate it to personal experiences. Instead, engagement captures people's interest at the point of making them search for more information about the stimuli portrayed or follow it to the point of having a better knowledge of what the object is about.
Thus, <em>social media attracts awareness but engagement is only generated if the individuals are interested enough in what is being displayed.</em>
Answer: D) A "cash-out" refinancing loan
Explanation:
A "cash-out" refinancing loan refers to when a person replaces the mortgage that they have on a house with a newer, larger mortgage than the balance of the previous mortgage on the house.
The difference between this new mortgage and the old one can then be withdrawn in cash.
This would attract a higher mortgage insurance premium because the value of debt has now increased because as earlier mentioned, the new mortgage will be larger than the previous one so to cater for this, the insurance premiums will rise.
Answer:
is the pattern that follows any of the variables that determine the benefit of an economic activity
a standard is the reference level of some factor of production