Answer:
prenuptial agreement
Explanation:
A prenuptial agreement or prenuo is one that is created between two people before marriage. A prenuo lists all the properties owned by each individual and action to be taken as regards ownership after the marriage.
Prenuptial agreement has been used by parties that are wealthy in marriages to protect their wealth from spouses that may take advantage of them and obtain their wealth after a divorce. For example a person may say his spouse is not entitled to ownership of his property after marriage.
Answer:
The answer is: E) None of these.
Explanation:
A foreign national is a person who wasn´t born in the country in which he or she temporarily lives in.
We don´t have enough information to know if Carrie´s Car Care is a wealthy company. Maybe its total sales are just $10,000 a year but they export $2,500.
A multinational corporation usually has branches or subsidiaries. All we know about Carrie´s Car Care is that it makes some money outside the US, but we don´t know how. Maybe they simply export 25% of their products or maybe they are a huge multinational corporation. Not enough information.
The term globalization corporation doesn´t exist. The term corporate globalization refers to very large multinationals that reach all or most of the world´s markets.
Answer:
accrued basis income: 14,300
cash basis income: 9,500
Explanation:
accrued: we reocgnize base on the time of transfer of goods and the expense are mathced when the period they occur.
revenues 33,700
operating expense <u> (19,400) </u>
net income 14,300
cash basis: we recognize based on the cash collection or disbursement:
collected from customer 25,900
paid expenses (13,600)
insurance paid <u> (2,800) </u>
net income 9,500
D. Appointments to the Supreme Court must be apptoved in the Senate.
not sure though
Answer:
A) debit interest expense, $1000
Explanation:
to determine the accrued interest expense = $100,000 x 6% x 2/12 = $1,000
the journal entry should be:
December 31, 2018, accrued interest expense on note payable:
Dr Interest expense 1,000
Cr Accrued interest payable 1,000
Accrual accounting establishes that expenses must be recognize during the period that they occur regardless of when they are paid. So we must recognize 2 months worth of interest.
