After the adjusting entries were finished, the adjusted balance within the hobby payable account represents a hobby that has amassed, however, has not been paid, on the quit of the length.
Your accounts payable balance is the overall cash you owe to providers who've prolonged your credit scores to you to your purchases of resources or products.
Debts payable are payments that an organization wishes to pay. some examples of bills payable observe to cleaning services, workforce uniforms, and workplace materials. The three steps to bills payable are purchasing the order, receiving the order, and sending the vendor bill.
The sum of all tremendous amounts owed to providers is shown because of the bills payable balance on the corporation's balance sheet. The boom or lower in total AP from the prior period seems at the cash waft statement.
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The most important benefit of having a difficult amendment process is that it ensures that checks and balances are accounted for. <span>Checks and balances help keep an organizatons system regulated while making sure that power is spread out within the organization and not just within the hands of a few people. </span>
Answer: d. allowing at least four nights to study for any major exam
Explanation:
Experts suggest that one needs enough time before they go for a major exam in which they can study and be able to retain information which will avoid the panic that may be brought by amount of work that need to be studied in a short period of time if someone has waited until the last minutes before they study.
One needs time to break the material into pieces as they study in order to be able to grasp the information and digest it and that requires time and it will be difficult if they do it for a lot of information at once.
Advantages of Corporations:
- Generally, a corporation's shareholders are not liable for any debts incurred or judgments handed down against the corporation. Shareholders only risk their equity in the corporation.
- Corporations may be able raise additional funds by selling shares in the corporation.
- Corporations may deduct the cost of benefits it provides to employees and officers.
- Some corporations may be able to elect treatment as an S corporation, which exempts them from federal income tax other than tax on certain capital gains and passive income.
Disadvantages of Corporations:
- Forming a corporation requires more time and money than forming other business structures.
- Governmental agencies monitor corporations, which may result in added paperwork.
- Corporate profits may be subject to higher overall taxes since the government taxes profits at the corporate level and again at the individual level, if such profits are distributed to the shareholders. Furthermore, a corporation may not deduce from its business income any dividends it pays to its shareholders.
Answer:
Kayla has experienced a decrease in the need for sleep for the past three nights, is extremely talkative and creative, and has been very irresponsible with money during this time. Kayla is in the midst of a/an __________.
Manic episode
Explanation:
To understand this answer we need to remember a certain few things. First of all the concept of Manic episode is the concept used to identify the psychological state of being euphoric and filled with energy. Making us believe we are at the top of the world or being able to accomplish everything we want without realistic fundamentals. It includes an irritable mood for a week affecting the subject's relations.