/Answer: A because you have to pay it back.
Explanation:
Answer:
Journal Entry
Explanation:
The Journal Entry is shown below:-
Cash Dr, $150,000
To Unearned sales revenue $150,000
(Being receipt of cash in advance is recorded)
Therefore to record the inflow funds we debited cash and to record the liability/obligation to deliver such goods we credited unearned sales revenue.
Answer:
Explanation:
Answer - Bonds should be The bonds should be reported among current assets in the balance sheet at December 31, Year 1; reported at their fair value of $45,000 in the balance sheet
Bonds are purchased at $50000. Intent was to sell the bonds soon to earn a profit on any short-term price fluctuations. The fair value of those bonds decreased by $5,000 to $45,000. It should be reported as current asset, because it is an investment made and also it is sold in short time making it current asset.
But in the balance sheet it should be reported at the fair value $45000
Answer:
c. new classical theory.
Explanation:
The new classical theory belives that grow, countries must open their economies, entrepreneurial development (risk taking), privatize state owned enterprises, and reform labor markets, such as by decreasing the authority of trade unions.
Moreover it also focused that there is no effect on the employment and the result or outcome as individuals recognized the policies in the correct way so that it helps to anticipate them
Hence, the third option is correct