Answer:
D. They are primarily satisfied by establishing and maintaining close interpersonal relationships.
Answer is given below
Explanation:
- Asset is The property means and controls the business owner and its use will generate future financial benefits.
- Liability is the current liability of an organization arising from past events, which is the flow of financial benefit from settlement.
- Equity is the remaining interest in a company because its liabilities are deducted from the assets.
- Revenue means income derived from the normal activities of the business.
- Expense arises at time in the morning activities
S.no Particulars Answer
a Advertisement expense expense
b rent expense expense
c rent receivable Asset
d Machinery Asset
e Account payable Liability
f Furniture Asset
g common stock Equity
h Utility Expense expense
Answer:
B.
Explanation:
It seems most reasonable.
No significant interest equity investment
<h3><u>
Explanation:</u></h3>
A technique used in accounting by a firm for the purpose of recording the profits that are obtained from its investments made on other company refers to an equity method. This investment is an equity investment. The profits that are obtained for the investments made by a firm is reported by the company to the firm that made the investment.
In the scenario given, Intervale Railway y is considering investing in Pale Co. stock for three months which is only 5% of the voting stock of Pale Co. For considering it to be a significant investor, more than 20% and less than 50% of the voting stock must be held by the firm. The firm is holding 5% of the voting stock and hence the investment is considered to be No significant interest equity investment.
