Answer:
True
Explanation:
Home equity loan is a kind of loan in which a person borrows against the equity of his or her home, i.e the home is used as a collateral. The loan that can be gotten by the individual is dependent on the value of the home or residence and this value can only be determined by an appraiser from the institution providing the loan. In instances when the borrower is unable to repay the loan, the lending institution can foreclose on the home which has been used a collateral.
Home equity loan can be used to finance expenses like education bills, medical bills and so on.
Therefore, Veronica took a home equity loan to help finance her children's education.
Answer:
5 to 7
Explanation:
Middle and Late Childhood
This is said to occur between children of 7 and 12 years old. In this stage, years, children grow taller, heavier, stronger and has more physical skills and new cognitive skills. There are some changes to children's social and emotional lives in this stage as well as changes in parent and peer relationships.
The Physical development in middle and late childhood in terms of body and growth and change.
During this period of middle and late childhood, children develop slow, consistent growth. In elementary school years, it is said that children grow an average of 2 to 3 inches a year and gain about 5-7 pounds a year during middle and late childhood. Muscle mass and strength also increases in the children at this stage of growth.
Answer:
the net cost = 11,466
Explanation:
To following journal entry is done to record the purchase, credit terms 2/10, n/30:
Dr Merchandise inventory 11,700
Cr Accounts payable 11,700
If the company pays within the discount period (10 days):
Dr Accounts payable 11,700
Cr Cash 11,466
Cr Purchase discounts 234
net cost of goods = $11,700 x 98% = $11,466
Answer:
$0
Explanation:
Data given in the information
Product X is the byproduct.
In addition, the By products are recorded in the general ledger at the point of sale
So in this case, the quantity sold is considered only no other things would be recognized
Hence, in this the quantity sold and quantity produced is not recorded
Therefore , No ending inventory should be recognized in the general ledger for this by products
Answer:
The answer is "The corporation".
Explanation:
In terms of dollar sales, profits, or personnel, the main form of the corporate organization throughout the USA was its company. The company's main form of business organization is indeed the company, a legal entity constituted by the selling of share capital to the owners, who have become stakeholders and the shares elect a board member who manages the company.
