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3 years ago

The payment of accounts payable would

1 answer:

3 0

Decrease assets, decrease liabilities. Accounts payable are what the business owes (liabilities). By paying off accounts payable, the liabilities are decreasing (they owe less) and the assets are also decreasing (because they use assets/cash to pay off the liabilities, so they have less now).

Hope that helps

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From time to time, various groups clamor for import restrictions or tariffs on foreign-produced goods, particularly automobiles.

Misha Larkins [42]

Tariffs can be helpful if the imports are unfairly cheaper than the domestic counterparts. This would level the playing field and help the domestic companies compete more effectively.

Tariffs can be harmful for consumers because there is strong possibility that the increased costs will raise consumer prices.

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3 years ago

What trait are narcissists likely to have that is associated with leader emergence but not effectiveness?

Evgen [1.6K]

Answer:

c. high creativity

Explanation:

Narcissistic personality disorder is characterized by the behavior of an individual who has a great need to feel admired, this individual has a mental disorder that leads him to have an exacerbated perception of himself and his characteristics, having a vanity and a sense of very strong self-importance.

The characteristic that narcissists probably have and is associated with the emergence of the leader, but not effectiveness, may be high creativity, as such individuals can be creative in the sense of self-valuing themselves and their personal achievements, leading to even making up stories to feel valued, while the creativity present in a leader is focused on a vision of the business and management of a company and people, so it is correct to say that a leader's creativity aims to make business more efficient and improve working conditions of its employees.

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3 years ago

Stellar Corporation engaged in the following cash transactions during 2017. Sale of land and building $194,800 Purchase of treas

Law Incorporation [45]

Answer:

The cash provided by investing activities is $91900

Explanation:

The net cash provided or (used) by investing activities is computed thus:

Sale of land and building $194800

Purchase of land ($44700)

Purchase of equipment ($58200)

Net cash provided by investing activities $91900

The purchase of treasury refers to purchase of own shares from shareholders,hence it is a financing activity

Payment of dividends to shareholders is also a financing activity

Issuance of common stock and retirement of bonds are also financing activity-related,as a result they do not feature in the above computation of cash provided or used by investing activities

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3 years ago

What are requirements for filing bankruptcy?

-Dominant- [34]

Answer: Chapter 12- debt is due to farming expenses and stable income is available to pay off payment plan

Chapter 15- filing is based on UN legislation and corporation files international bankruptcy

Explanation:

4 0

3 years ago

Read 2 more answers

The entry to record the receipt of payment within the discount period on a sale of $1500 with terms of 2/9, n/30 will include a:

nikdorinn [45]

Answer:

B) credit to Accounts Receivable for $1500.

Explanation:

The journal entry to record the given transaction is as follows

Cash $1,470

Sales discounts $30 ($1,500 × 2%)

To Account receivable $1,500

(Being the receipts of payment is recorded)

While recording this transaction we debited the cash as it increased the assets plus the sales discount is also debited and at the same time we credited the account receivable as it decreased the asset

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3 years ago