A straw vendor is a person who accepts a charge to falsely declare ownership of a property.
Ownership refers to the felony proper of an individual, group, enterprise, or government to the ownership of a component. The issue of ownership is of two sorts cloth and immaterial things. fabric possession is that that's tangible like belongings, land, vehicle, ebook, etc.
Ownership is the right to own something. An example of ownership is possessing a particular residence and assets. ownership is crucial because it builds consider, help, and bonds with people you care approximately. A team can not thrive without a subculture of duty because it's what continues everyone working collectively closer to a collective, described organizational task.
Ownership is received via occupation and by means of highbrow advent. possession and other actual rights over belongings are obtained and transmitted by means of law, through donation, by using testate and intestate succession, and as a result of certain contracts, by way of lifestyle. they will also be acquired by prescription. possession is all about a culture imbibed inside an employee to own the liberty in making an appropriate choice and willingness to accept the final results of his/her motion. it's far about being liable for your paintings and getting to know to just accept your errors.
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Answer:
1. The maturity value is $300,000
2. The carrying amount of the bonds is at December 31, 2018 is $264,000
3. Semiannual cash interest payment on the bond = $300,000 * 5% * 1/2 = $7,500
4. Discount on BP = $300,000 * 15% = $45,000
Straight line method amortization = $45,000 / ( 10*2 = 20) = $2,250
Interest Expenses = $7,500 + $2,250 = $9,750
Journal Entry Debit Credit
Interest Expenses $9,750
Discount on Bond Payable $2,250
Cash $7,500
<span>The answer is changes in the money supply</span>
Money is a means of exchange in our economy makes it easier for people to make transactions with each other.
Money is a commonly accepted commodity as an economic medium of exchange. It is a medium that expresses prices and values. It circulates from person to person, from country to country, promotes trade, and is a major measure of wealth.
In summary, money has taken many forms over the centuries, but money has consistently performed three functions. It is a medium of value storage, a calculation unit, and exchange. The modern economy uses legal tender. This is neither a commodity nor the money represented or "backed" by the commodity.
Exchange medium. When economists say that money acts as a medium of exchange, they mean a currency unit used to measure and compare the relative value of commodities.
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