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olga_2 [115]
3 years ago
7

Identify the accounts below that would be classified as current liabilities on a classified balance sheet. (Check all that apply

.)
a) Notes payable (due in three months)
b) Unearned rent
c) Accounts payable
d) Taxes payable
Business
1 answer:
evablogger [386]3 years ago
6 0

Answer:

a) Notes payable  = current liabilities

b) Unearned rent  = current liabilities

c) Accounts payable  = current liabilities

d) Taxes payable = current liabilities

Explanation:

Current Liabilities are Company`s Obligations that are due for settlement within a period of 12 months.

All the above Accounts are would be classified as current liabilities as settlement in cash or service <em>(when in comes to unearned rent)</em> is due within 12 months.

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Read the scenario and answer the question.
Aleksandr-060686 [28]

Answer:

A). The price of gasoline increased in coastal cities since gasoline was harder to find.

Explanation:

As per the principles of demand and supply, a decrease in supply while demand remains constant will cause the price to increase.  In Georgia, the supply of gasoline was interrupted by the storm's effect. There was little gasoline coming in, leading to a shortage. After Electricity went off, gasoline demand must have gone high as people needed fuel for generators.

Gasoline has no close substitutes, especially when used as fuel for cars and generators. A shortage results in the scramble for the little available products. Sellers hike prices to maximize profits, and buyers are willing to pay more to get the scarce gasoline, thereby increasing its prices.

6 0
3 years ago
Nadia could not withdraw money from her checking account, even though it had been several weeks since she deposited a check. Wha
seraphim [82]
The last one is definitely not the answer. I am also trying to figure this out but I know for a fact the last one isin't, I think it is the 3rd option! i looked up the defenitions of the others and the one that seems right  is the 3rd. Goodluck!

4 0
3 years ago
Read 2 more answers
g Marlboro Construction enters into a contract with a customer to build a warehouse for $725,000 on April 15, 2021 with a comple
Nookie1986 [14]

Answer:

B. $725,000

Explanation:

The expected value for the contract will be :

10% ($725,000 + 12,000 + 12,000 ) + 30% ($725,000 + 12,000 ) + 25% ($725,000 ) + 20% ($725,000 - 12,000 ) + 15% ($725,000 - 12,000 - 12,000 )

= $ 74,900 + $221,100 +$181,250 + $142,600 + $105,150 = $725,000

Marlboro constructions expected value of the contract is 725,000 based on the given probability estimates of contract completion.

8 0
2 years ago
Fulbright Corp. uses the periodic inventory system. During its first year of operations, Fulbright made the following purchases
Firlakuza [10]

Answer:

The correct answer is B.

Explanation:

Giving the following information:

Purchases:

40 units at $100·

70 units at $80·

170 units at $60

Sales for the year totaled 270 units, leaving 10 units on hand at the end of the year.

First, we need to calculate the average purchase cost.

Average cost= (100*40 + 80*70 + 60*170)/280= $70.7

Now, we can calculate the value of ending inventory:

Inventory= $70.7*10= $707

7 0
3 years ago
What is this form used for?
Tatiana [17]
For your savings account.


I hope it helped you!
3 0
3 years ago
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