Answer:
D
Explanation:
In fact a misdemeanor is less bad than a felony
The correct answer to the following question is Substitution.
Equity can be defined as the shares or stock that a company issues to the public to get the financing and these stocks represent ownership interest in the company.
Debt can be termed as the amount of money that one party borrows from other party and that has to be paid in future. Almost all companies borrow money from public, or another company or banks to expand their company.
When stocks or anything valuable are exchanged or replaced for one's existing debt , then we call this process Substitution .
Answer:
Share your vision with them. Let employees know our plans for your company and your products and services. ...
Keep them in the loop. ...
Involve them in the launch of new products. ...
Reward them for building relationships with customers.
Explanation:
Answer:
a. Cash and accounts payable
Explanation:
The journal entry to record this given transaction is shown below:
Equipment A/c Dr $5,000
To Cash A/c $1,000
To Account payable A/c $4,000
(Being the equipment is purchased for cash and on account)
Since the equipment is purchased for $5,000 that increase the asset account and the cash is paid for $1,000 so it would be credited plus the remaining amount is given on credit basis so we credited the account payable account
1) A. C.
2) A. E.
3) B. C.
4) B. F.
5) A. E.
6) A. C.
7) B. F.
8) B. C.
Explanation:
1) Delta Airlines provided flights this month for customers who paid cash last month for tickets. Revenue has been earned. Liability has been incurred.
2) GSD+M completed work on an advertising campaign that will be collected next month. Revenue has been earned. Asset has been acquired.
3) Abercrombie received a telephone bill for services this month, which must be paid next month. Expense has been incurred. Liability has been incurred.
4) The Tiger Woods Foundation used up some of the benefits of its 35,000-square-foot building. Expense has been incurred. Asset has been used up.
5) IBM completed a consulting project for the CDC to simulate the spread of contagious viruses and will be paid next month. Revenue has been earned. Asset has been acquired.
6) This month Apple, Inc. redeemed iTunes gift cards that had been issued last month. Revenue has been earned. Liability has been incurred.
7) Schutt Sports used up some of the benefits of its football helmet manufacturing equipment. Expense has been incurred. Asset has been used up.
8) Procter & Gamble received a bill for this months advertising services, which it will pay next month. Expense has been incurred. Liability has been incurred.
