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raketka [301]
3 years ago
10

Karen has decided to calculate her net worth. She has these items listed so far: an antique bracelet, twenty dollars cash, a cre

dit card bill, a checking account statement. Which of these is a liability?a. antique braceletb. twenty dollars cashc. credit card billd. checking account statement
Business
1 answer:
Kaylis [27]3 years ago
3 0

Answer:

c. credit card bill

Explanation:

A credit card bill is a liability. It is a debt owned by the business to be paid within an accounting period. A credit card reflects authorization by the credit card company of a line of credit for the buyer with predetermined interest rates and payment terms- hence the term credit card. Most companies waive interest charges on the line of credit if the buyer pays its balance in full each month.

Once a credit is established with a credit card company or bank, the customer does not have to open an account with each store . Customers using these  credit cards can make single monthly payments to different creditors and can defer their payments.

<em><u>Deffered payments </u></em> are a liability for a customer and need to be paid within the accounting period.

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Your first task is to set an advertising objective. remember, your key goals are to build brand preference for your product and
Kazeer [188]

Answer:

Persuasive Advertising

Explanation:

The goal of persuasive advertising is to convince customers that your product is better and different and that they should choose it over any other option. This is different than information advertising which focuses on informing customers not persuading them.

6 0
3 years ago
The following are several of the accounts from a recent balance sheet.
Burka [1]

Answer:

<u>Account Name</u>      <u>Balance Sheet Classification</u>    <u>DR or CR Balance </u>

1. Accounts Receivable                    CA                       Debit

2. Prepaid Expense                    CA                        Debit

3. Inventories                                    CA                       Debit

4. Long-Term Debt                   NCL                 Credit

5. Cash and Cash Equivalent    CA                 Debit

6. Accounts Payable                    CL                 Credit

7. Income Tax Payable                    CL                 Credit

8. Contributed Capital                    SE                         Credit

9. Property Plant and Equipment    NCA                 Debit

10. Retained Earning                    SE                  Credit

11. Short-Term Borrowing            CL                 Credit

12. Accrued Liabilities                    CL                 Credit

13. Goodwill (an Intangible Asset)  NCA                 Debit

 

Explanation:

6 0
3 years ago
Question 13 of 20
KATRIN_1 [288]

Answer:

he answer is : He likely did not cite his research, and committed plagiarism.  Todd's manager has asked him to write a report on ways to increase safety in the warehouse. Todd used the Internet to research statistics and recommendations for improving safety in the workplace. He feels like he pulled together a really strong document and that his manager will be pleased. However, when he is called into his manager's office, his manager is concerned and tells him that he has been unethical in his work.  He likely did not cite his research, and committed plagiarism.   It is the practice of taking someone else's work or ideas and passing them off as one's own.

Explanation:

5 0
3 years ago
On June 1 of Year 1, a company paid $2,400 cash to rent office space for one year beginning immediately. Based solely on this in
Neporo4naja [7]

With an assumption that the company's accounting year is same as the calender year, the income statement would show $1,000 of rent expense.

<h3>What is an income statement?</h3>

An income statement refers to a financial statement that shows a firm's income and expenditures for an accounting year.

Rent expenses = $2,400 prepaid rent / 12 months

Rent expenses = $200 per month

Rent expenses = $200 rent expense per month x 5 months (in Year 2)

Rent expenses = $1,000 rent expense

In conclusion, with an assumption that the company's accounting year is same as the calendar year, the income statement would show $1,000 of rent expense.

Read more about income statement

<em>brainly.com/question/24498019</em>

7 0
2 years ago
Employee involvement and participation​ (eip) management is a method of management where​ ________.
Fittoniya [83]
It's a method where <span>subordinates share a significant degree of decision-making power with their immediate superiors
One positive benefit of the employee involvement and participation is that companies will prepare more employees to understand the company's operational method and make more potential leaders for the company if it choose to expand in the future</span>
7 0
3 years ago
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