The unearned consulting revenues are liabilities. A liability, in accounting terms, is an obligation and is found in the balance sheets of companies or businesses. When a company does transactions with other individuals or companies usually they owe amounts to creditors for the goods or services the company acquires. In another sense, a liability is a source of the company’s assets. They can also be considered as claims against the company’s assets. A liability may also include those amounts received by the company in advance of future services. Liabilities include accounts payable, notes payable, salaries payable, interest payable, bonds payable, accrued expenses payable, etc. Their normal balance is credit.
Answer:
Andy should look and identify his field of interest before choosing a specific career path. If she has none of preferences for his career choice then se can look for other factors to select specific career path.
Explanation:
Andy's grandfather has spend his life in building trades and he is a successful person. He thinks Andy should choose same career path as he did and he can be successful too but this is not the case. The thing can be different in this era, the preferences and nature of Andy might be different from his grand father. There are many others factors which also need to be considered as the job security, learning potential in the field, progress in career, wages and pay rise, working environment and others.
Either A or C would be right, because it couldn't be a decrease of the equity.
Answer: See explanation
Explanation:
a. The Law of Demand states that when the price of a good rises, then the Quantity Demanded will (fall)
b. The Law of Demand states that when the price of a good falls, then the Quantity Demanded will (rise).
According to the law of demand, when there's an increase in the price of a product, there'll be a reduction in the quantity of the good that will be demanded by the consumers and vice versa.
