Answer: Debit Notes Receivable for $81,000; credit Cash $81,000
Explanation:
Note receivables are used to record promissory notes that is, when a party agrees to pay cash to another party before a particular date.
Since Jasper makes a $81,000, 90-day, 7% cash loan to Clayborn Co. Jasper's entry to record the transaction would be to Debit Notes Receivable for $81,000 and credit Cash $81,000.
Answer:
C. Accounting
Explanation:
The Sarbanes-Oxley Act was passed into law in July 2002. The act aims are protecting investors and other users of financial information from fraudulent reporting by corporations.
The Sarbanes-Oxley Act seeks to make financial reporting and disclosures accurate, reliable, and transparent. The acts insist on the declaration of internal control measures that guarantee the accuracy of financial statements.
The goal of the stakeholder management is to develop appropriate management strategies in order to engage the stakeholders to work on the project and finish the project effectively. A project stakeholder is <span>an individual, group, or organization, who may affect, be affected by a decision, activity, or outcome of the </span><span>project.So, the concept of stakeholder management focuses on the management strategies regarding the project stakeholders.</span>
Specialization is the result of low-cost producers focusing all their efforts on producing a single good or service. This is further explained below.
<h3>What is Specialization ?</h3>
Generally, the process of focusing on and developing expertise in a specific topic or ability.
In conclusion, Low-cost manufacturers specialize when they concentrate all of their efforts on providing a particular commodity or service.
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