Answer:
Doug and Vanessa- partnership
Esperanza- sole partnership
Robyn- c corporation
Cuba- s corporation or LLC
Ming- nonprofit corporation
I hope this helps someone!!
Answer:
the answer is D terms and conditions set forth in a lending agreement to reduce the probability of non-payment
Explanation:
covenants help lenders detect deteriorating loan quality.
Answer:
True
Explanation:
Marginal - the dictionary meaning of such word is additional of anything. Here, in the given case, marginal analysis as per costing is the analysis of each additional revenue from each additional sale or production.
Marginal analysis does not consider fixed cost generally, as that is fixed and don not add on on additional units, within a standard range.
Thus, the statement stated here is True.
Answer:
1. Vacation pay expense Dr. 3500
Vacation pay payable 3500
2. It is recorded at the company's balance sheet as the accrued liabililty at the liabilities portion.
3. The amount will be removed once the vacation pay is paid and is debited to income account.
I think it might be C, but i'm not sure