Answer:
the numbers are missing, so I looked for a similar question:
- Investment in the business $17,010
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Borrow cash $7,620
- Purchase equipment $8,300
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Revenues earned $298,600
- Expenses incurred $210,900
- Dividends $15,000
since there is not enough room here, I used an excel spreadsheet. I assumed all sales were on cash and all expenses were also paid using cash.
After entering into a commercial lease agreement, the answer is since there is no right of first refusal, all Terrell can do is ask Lorna whether she will lease the adjoining space to him.
<h3><u>
What is a commercial lease agreement?</u></h3>
- A commercial lease is an agreement for the rental of property between a landlord and a company. Because renting costs less money than buying, most businesses will prefer to do so.
- Because the terms are changeable and change significantly from lease to lease, commercial lease agreements are more difficult than residential leases.
- Understanding the terms of the lease, which outline each party's obligations and rights, is crucial before signing a business lease.
Verify that the conditions of a commercial lease agreement will suit the demands of the company before signing. Unfavorable outcomes may result from failing to establish requirements before signing a lease.
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Answer:
#1, It can change and #3, it can be in an existing building to repair or remodel
Explanation:
Construction is not at a desk.
Amounts withheld from employee's earnings for the employee income tax is considered a liability by the employer until the government is paid
What is liability?
Liability means the obligation that one party owes another, whose settlement requires the indebted party to transfer cash or equivalent value of other benefits commensurate to the liability to the other party.
In this case, the employees owe the government income taxes, whereby the employees have discharged the obligation by having the employers deduct them from their earnings.
The onus is now on the employers to make payments in respect of the income taxes withheld to the tax authority, prior to which the taxes are treated as the employer's liability.
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Missing options:
(A) assets. (B) liabilities. (C) salary expense. (D) revenue.
Answer: Option (B) is correct.
Explanation:
Open market operations: In Open market operations, there is a buying and selling of government securities by the central bank of a nation. It is a monetary policy instrument that is used to control money supply in an economy.
If Fed sells the government securities in the open market then as a result there is a transfer of from public to Fed. So, there is a fall in the money supply because banks lose liquidity. Now, banks are able to make fewer loans to the borrowers and checking deposits also decreases.