Expenses likely to be classified as prepaid expense (asset) are Prepaid Rent & Insurance Premiums. Enter a prepaid rent payment on the balance sheet as an asset until the month when the company is actually using the facility to which the rent relates, and then charge it to expense. Any insurance premium costs that have not expired as of the balance sheet date should be reported as a current asset such as Prepaid Insurance.
Answer:
The correct answer is D
Explanation:
Civil procedure is the body of law which sets or lay down the standards and the rules that the court follow when adjudicating or examine the civil lawsuits.
The rules are govern on how a case or a lawsuit is commenced, kind of pleadings, orders allowed in civil cases. So, it best stated with the process issued in the civil lawsuit.
I would say the answer is D
Answer:
Education
Explanation:
Given the total volume and importance of international trade and international exchanges, describe the implications to someone's career in business, and to your education in particular.
Answer:
The correct option is a. Debtors
Explanation:
In this question, we categorized the internal and external users or a group who are interested in the financial information about a business.
Internal users are those users who work in an entity which includes employees, owners, managers
Where, external users are those users who are outside the entity that includes suppliers, lenders, creditors, government agencies, bank,general public,etc.
These users are interested to interpret the financial leverage of the company.
By going through the meaning we get to know that the debtors are not normally interested in the financial information about a business.
Hence, the correct option is a. Debtors.