Answer:
total liabilities = $169,008
Explanation:
total liabilities:
- Accounts Payable: $19,207
- Discount on Bonds Payable: ($7,000) ⇒ contra liability account
- Sales Tax Payable: 3,512
- FICA Tax Payable: 3,200
- Bonds Payable: 100,000
- Note Payable, due in two years 1,709
- Unearned Service Revenue 30,500 ⇒ must be reported as a liability
- Salaries and Wages Payable 17,880
to determine the total liabilities we just have to add both current and long term liabilities, and subtract any contra liability accounts = $176,008 - $7,000 = $169,008
Answer:
marketing team and review resources
Answer:
Invest money yourself and start a small venture capital company.
Explanation:
Venture capital is business financing strategy for startups which require high investments but also have high risk. The returns for such business is also high due to the risk exposure. These business have potential to grow beyond expectations. The investments is made by a person in the company to give it rise because of its long term growth potential. The solar power generation have trend that is gaining significance so investing in such a business is intelligent move.
<span>A made up
situation I can write is that you could talk about and discuss finances with a financial
advisor or consultant who knows these issues better than you. To make these
communications less stressful, you can comprehend that the consultant is there
to help and is able to help and/or when you get excessively furious, you can
take deep breathes to lessen the stress and make yourself calm.</span>