Returning a favor is an obligation to deliver particular goods or perform certain acts according to an agreement .
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What is an obligation?</h3>
A person is required by law or morality to act in a particular way. Obligations and other restrictions limit freedom. Those who are bound by obligations may choose to do so voluntarily. There is obligation when there is a choice between what is morally right and evil. Additionally, there are responsibilities in other normative situations, such as etiquette obligations, social obligations, religious obligations, and maybe political obligations, where obligations are requirements that must be fulfilled. Although some people are required to take certain actions for other reasons, such as tradition or social obligations, these obligations are often legal mandates that may carry consequences for noncompliance.
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Hello!
I don't really understand the question.. Sorry if this doesn't help!
-EmojiQueen
I believe the word you are looking for is deductible.
Answer:
I would issue stock because it is cheaper than borrowing.
Explanation:
First of all, issuing stock does not represent the obligation to pay interest over a long period of time, which can become very expensive if market conditions become adverse. Besides, if the company is small, it probably does not have the most advantageous financial conditions according to the banks, and the interest rate could be relatively high.
Besides, borrowing would mean increasing the liabilities in the financial statements, which could make the company less attractive for future investors.
Issuing stock does have the disadvantage of dilluting control of the company, because now stockholders own a piece of the company and could demand changes in management, and a different company strategy.
Answer:
Item No. Appears on the bank
Bank statement as
Credit or debit
Memo
1. Credit memo
2. Credit memo
3. Credit memo
4. Debit memo
Increases or
Decreases the
Balance of the
Company's Bank
Account
1, Increases
2. Increases
3. Increases
4. Decreases