1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
spin [16.1K]
3 years ago
10

An association that Korean Americans are able to use to pool their money together and provide grants to subsidize the startup co

sts of businesses are called
Business
1 answer:
Free_Kalibri [48]3 years ago
8 0

Answer:

KYES

Explanation:

KYES are clubs created by Korean Americans in which the members make a contribution and the money gathered is used to provide loans to start businesses. According to this, the answer is that an association that Korean Americans are able to use to pool their money together and provide grants to subsidize the startup costs of businesses are called KYES.

You might be interested in
Individuals who are paid by someone in exchange for labor or service are referred to as:_____.
forsale [732]

Service providers are individuals who are paid by someone in exchange for labor or service  An organization that offers services to other organizations, such as consulting, legal, real estate, communications, storage, and processing, is known as a service provider (SP). A service provider is typically a third-party or outsourced supplier, though it is possible for it to be a member of the company it supports.

A organization might hire advisors, independent consultants, law companies, design studios, and investment banks as examples of prospective service providers. Service providers are people or businesses that offer services to businesses and other parties. They offer network, processing, and storage services.

To learn more about organization, click here.

brainly.com/question/12825206

#SPJ4

7 0
2 years ago
Bavarian Bar and Grill opened for business in November 2021. During its first two months of operation, the restaurant sold gift
lions [1.4K]

Answer:

A. Dr Cash 5,200

Cr Deferred revenue 5,200

Dr Cash 884

Dr Deferred revenue 1,300

Cr Sales revenue 2,100

Cr Sales taxes payable 84

B. $3,900

C. Sales tax liability - CURRENT $84

Sales taxes payable (4% × $2,100) = $84

Sales tax liability - NON CURRENT $0

Liability gift certificates - CURRENT $2,860

Liability gift certificates – NON CURRENT $1,040

Explanation:

A. Preparation of the appropriate journal entries (in summary form) for the gift certificates sold during 2011

Dr Cash 5,200

Cr Deferred revenue 5,200

Dr Cash 884

($2,100 + $84 – $1,300)

Dr Deferred revenue 1,300

Cr Sales revenue 2,100

Cr Sales taxes payable 84

(4% × $2,100)

B. Calculation to Determine the liability for gift certificates to be reported on the December 31, 2018, balancesheet.

Liability for gift certificates=(5,200- 1,300)

Liability for gift certificates= $3,900

Therefore the liability for gift certificates to be reported on the December 31, 2018, balancesheet will be $3,900

C. Calculation for the appropriate amount for each classification (current or noncurrent) of the liabilities at December 31, 2018

Sales tax liability - CURRENT $84

(4% × $2,100=$84)

Sales tax liability - NON CURRENT $0

Liability gift certificates - CURRENT $2,860

Liability gift certificates – NON CURRENT $1,040

($5,200 × 20%=1,040 )

Calculation for Liability gift certificates at December 31

Estimated current liability$ 4,160

($ 5,200 × 80%)

Less Gift certificates redeemed(1,300)

Current liability at December 31 $2,860

8 0
3 years ago
Economists measure the personal satisfaction someone gets from consuming goods and services with the concept of
KiRa [710]
Economists measure the personal satisfaction derived from consuming goods and services with the concept of UTILITY. Utility refers to the total satisfaction derived from consuming a good or service. The utility of a good or service has direct influence on demand  and therefore price of that product.
6 0
3 years ago
Firms operating in industries where economies of scale are common will likely see ________ levels of labor productivity from the
kiruha [24]

Answer:

The correct word for the blank space is: higher.

Explanation:

Economies of Scale is a key concept for any business in any industry. It is also important for consumers trying to understand why smaller businesses may have to charge more for similar products made by larger companies. Overall, economies of scale mean <em>that production becomes more efficient as the number of goods being produced increases</em>.

6 0
3 years ago
PB10-2 Recording and Reporting Current Liabilities with Evaluation of Effects on the Debt-to-Assets Ratio [LO 10-2, LO 10-5] Tig
Kipish [7]

Complete Question:

PB10-2 Recording and Reporting Current Liabilities with Evaluation of Effects on the Debt-to-Assets Ratio [LO 10-2, LO 10-5]

Tiger Company completed the following transactions. The annual accounting period ends December 31.

Jan. 3 Purchased merchandise on account at a cost of $24,000. (Assume a perpetual inventory system.) Jan.

27 Paid for the January 3 purchase.

Apr. 1 Received $80,000 from Atlantic Bank after signing a 12-month, 5 percent promissory note.

June 13 Purchased merchandise on account at a cost of $8,000.

July 25 Paid for the June 13 purchase.

July 31 Rented out a small office in a building owned by Tiger Company and collected eight months’ rent in advance amounting to $8,000.

Dec. 31 Determined wages of $12,000 were earned but not yet paid on December 31 (Ignore payroll taxes).

Dec. 31 Adjusted the accounts at year-end, relating to interest.

Dec. 31 Adjusted the accounts at year-end, relating to rent.

Required:

1. & 2. Prepare journal entries for each of the transactions through August 1 and any adjusting entries required on December 31.

3. Show how all of the liabilities arising from these items are reported on the balance sheet at December 31.

Answer:

Prepared journal Entries for Questions 1, 2 and 3 are attached as images in this order

1 Journal Entry Worksheet 1 (image 1)

2 Journal Entry Worksheet 1 (image 2)

3 Journal Entry Balance sheet 1 (image 3)

3 0
3 years ago
Other questions:
  • Headlights, signal lights, and taillights exist so you can ___.
    10·1 answer
  • Over 2 years, how much more does $2000 in a savings account with an APR
    10·2 answers
  • A transaction should be treated as a(n) ________ when a company has an obligation or right to repurchase an asset for an amount
    14·1 answer
  • Assume the government imposes a $3 tax on buyers, which results in a shift of the demand curve from D1 to D2. The price the sell
    8·1 answer
  • Long-run economic growth in the United States is best measured using A. nominal GDP per​ capita, which has been trending strongl
    14·1 answer
  • Sweet Sue Foods has bonds outstanding with a coupon rate of 5.02 percent paid semiannually and sell for $1,948.34. The bonds hav
    15·1 answer
  • _______ can provide guidance when organization members are uncertain about whether an action is ethical. The communications mana
    14·1 answer
  • The situations presented here are independent of each other.For each situation, prepare the appropriate journal entry for the re
    11·1 answer
  • PLEASE ANSWER THE 2 QUESTIONS IN THIS SCREENSHOT FOR ME THANK YOU IF YOU DO AND HERE IS A BRAILIEST IF 2 PEOPLE ANSWER IT OF COU
    13·2 answers
  • Starbucks is opening a location in China every 15 hours, and just opened its largest location in the world in Shanghai. Which me
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!