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lutik1710 [3]
3 years ago
13

Which of the following is a noncash investing and financing activity? A. issuance of common stock to acquire land B. payment of

a cash dividend C. purchase of inventory on account D. payment of a six-month note payable
Business
1 answer:
astra-53 [7]3 years ago
8 0

Issuance of common stock to acquire land.

Answer: Option A

<u>Explanation:</u>

Non cash investing and financing activity is the activity which does not involve the cash in the payment and they do not directly affect cash. If a person wants to buy land but does not want to use cash for the transaction, then stocks can be issued for the same.

This transaction would be a non cash transaction because the stock is used instead of cash. Other example can be issuance of common stock to retire any long term debt.

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An installment loan _____.
HACTEHA [7]
An installment loan has equal payment each month

an Installment loan is usually an amount of money which borrow that must be repaid in a specific interest rate over period of time. This type of loans DOES NOT have changing interest rates so the amount of payments are equal each time.
6 0
4 years ago
Problem Page Watson Company's employees earn $290 per day and are paid on Friday for a five-day work week. This year, December 3
vredina [299]

Answer:

<u>inocme statment:</u>

wages expense: understate

<u>net income</u> overstate

<u>blanace sheet</u>

wages payable: understate

Retained Earnings: overstate

Explanation:

If the adjusting entry is not made, then the expenses will be lower than it should.

Thereofre the net income will be overstate as there are more expenses but weren't recorded.

the balance sheet will not represent accurate the liabilities as there is wages payable which are not recorded.

also, in the blaance sheet the Retained Earnings account will be overstate as it include the net income which is overstate.

5 0
3 years ago
DaaS is utilized for provisioning critical data on demand.
aliya0001 [1]
The is true dad is utilized for provision critical data
7 0
2 years ago
While the store of information, skills, and strategies that people have acquired during life holds steady, the ability to deal w
Leya [2.2K]

Answer:

fluid intelligence

Explanation:

Fluid intelligence -

It is the capability to think wisely and logically , solve any issue according to the situation and does not depend on the acquired knowledge is known as fluid intelligence .

Fluid intelligence helps to deal with the worst situation possible in a very peaceful and logical manner and helps to live life in a better and happy way .

This capability often reduces with the growing age , as people tends to get older .  

8 0
3 years ago
Pls help<br><br> Do you think teens should have a public curfew?<br><br> explain:
puteri [66]

Answer:

yes and no.

Explanation:

it depends on how responsible that teen is and what choices they tend to make.

4 0
2 years ago
Read 2 more answers
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