The general journal entry made by First Rentals on purchase of office supplies on credit will include a Credit to Accounts Payable.
<h3>How are office supplies on credit recorded?</h3>
Office supplies on credit means office supplies bought on credit by the firm.
In conclusion, the general journal entry made by First Rentals on purchase of office supplies on credit will include a Credit to Accounts Payable.
Read more about Accounts Payable
<em>brainly.com/question/1347024</em>
Answer:
The correct answer is letter "A": The difference between the expected YTM and the YTM of the comparable risk-free bond
.
Explanation:
Risk Premium is a return that exceeds the risk-free rate of return that the investment is expected to yield. The risk premium for an asset takes the form of compensation for investors who tolerate the additional risk of an investment compared to the risk-free asset. In fact, investors expect to receive risk premiums because of the risk they are engaged in with certain investment instruments.
Answer:
Foreign exchange loss
Explanation:
A foreign exchange gain/loss is normal for companies that operate in foreign countries. E.g. you prepared your financial statements by converting the foreign currency into your local currency, in this case you converted Canadian dollars to US dollars. But then the exchange rate between the currencies changes. If the value of the Canadian dollar's value increased after conversion, then you gained, and an adjustment must be made to show that gain. But if the Canadian dollar's value decreased after the conversion, then you lost (what happened here) and an adjusting entry must be made to report the loss.
In order to correct his, you must:
Dr Foreign exchange gain/loss 10
Cr Canadian bank account 10
Which career requires less education than an Auditor?
A) Accountant
B) Bookkeeper
C) Credit Analyst
D) Financial Manager
Answe
Explanation:
Discuss the rationale of organizing an industrial strike in resolving employee dispute with the state, focusing on the detrimental effects strikes has on various stakeholders in an economy
