1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ipn [44]
3 years ago
10

The following items appear on the balance sheet of a company with a one-year operating cycle. Identify the proper classification

of each item as follows: C if it is a current liability, L if it is a long-term liability, or N if it is not a liability. prepaid insurance bonds payable
Item Classification
1. Current portion of long-term debt.
2. Notes payable (due in 6 to 11 months).
3. Sales taxes payable.
4. Bonus payable (to be paid in 60 days)
5. Warranty liability (6 months of coverage)
6. Prepaid Insurance (6 months of coverage)
7. Notes payable (due in 120 days).
8. Salaries payable.
9. Pension liability (to be fully paid to retired employees in next 11 months)
10. Bonds payable (due in 2 years)
Business
1 answer:
postnew [5]3 years ago
7 0

Answer:

  • L
  • L
  • c
  • n
  • n
  • c
  • n
  • l
  • n

I think so buh I’d advice u to make it its correct

You might be interested in
Economics is the study of how people try to satisfy unlimited wants and needs with limited resources.
Viefleur [7K]

Answer:

Economics is the social science that studies how people use scarce resources to satisfy unlimited needs and wants.

so yes the answer is true

Explanation:

(つ◕౪◕)つ━☆゚.*・。゚

☆*。★゚*♪ヾ(☆ゝз・)ノ

5 0
3 years ago
Read 2 more answers
A professor wanted to compare two types of teaching styles. One type is by tutorials and the other is giving a lecture. It is a
Damm [24]

Answer:

The following are the answer to this question:

Explanation:

In the given question the correct choice is missing, that can be defined as follows:

In option A, It uses the development of matched-pairs.

In option B, In the score ranking, it uses the test score for both the test.

In option C, This type of variable is the form of presentation, which allows you a treatment, which consists of lectures thru lectures as well as a presentation offering a lesson.

In option D, The answer is students.

In option E, It is used to eradicate prejudice concerning which communication demonstration was first used.

8 0
3 years ago
Helmuth Inc's latest net income was $1,250,000, and it had 225,000 shares outstanding. The company wants to pay out 45% of its i
QveST [7]

Answer:

b. $2.50

Explanation:

Dividend paid = 45%*12,50,000

                        = $562500

dividend per share = 562500/225000

                                = $2.50

Therefore, The dividend per share should it declare is $2.50

4 0
3 years ago
On May 31 of the current year, the assets and liabilities of Riser, Inc. are as follows: Cash $20,500; Accounts Receivable, $7,2
Svetradugi [14.3K]

Answer:

$31,100

Explanation:

On May 31 of the current year, the assets and liabilities of Riser, Inc. are as follows: Cash $20,500; Accounts Receivable, $7,250; Supplies, $650; Equipment, $12,000; Accounts Payable, $9,300.

Therefore the amount of stockholders’ equity as of May 31 of the current year can be derived by the formula : Capital = Assets - Liabilities

<u>Assets</u>

Cash $20,500;

Accounts Receivable, $7,250;

Supplies, $650;

Equipment, $12,000

TOTAL = 40,400

<u>Liabilities</u>

Accounts Payable, $9,300.

Therefore stockholders’ equity = 40,400 - 9,300 = $31,100

7 0
3 years ago
Refined Grains, Inc., is a Kansas-based firm that does business throughout the world. Refined Grains manages retail and wholesal
nadya68 [22]

Answer:

A) Commercial Transactions for the sale "of sonf" (should be AND) payment of goods.

Explanation:

The Uniform Commercial Code (UCC) was established to create a set of standard laws that can regulate interstate commerce. Since different states had various state laws that regulated commerce, it was difficult for companies to work without problems happening. Since the Constitution gave Congress the power to regulate interstate commerce, they set up the UCC that provides a standard legal framework for all the nation.

3 0
3 years ago
Other questions:
  • Common accounting anomaly fraud symptoms involve problems with various data and books of accounts. Which of the following is NOT
    10·1 answer
  • On January​ 2, 2019, Kornis Corporation acquired equipment for $1,000,000. The estimated life of the equipment is 5 years or 100
    15·1 answer
  • Which type of account typically has very high liquidity, low or no interest, and low minimum balance?
    13·1 answer
  • Working for a nonprofit company that lacks financial resources or working for a start-up company that lacks the infrastructure a
    5·1 answer
  • If left to the private market, the amount of fire protection provided in a city would be ________ than it is now, and free rider
    13·1 answer
  • The major federal consumer protection agencies are authorized by law to: Intervene directly into the very center of free market
    6·1 answer
  • An economy has a monetary base of 1,000 $1 bills. Calculate the money supply in scenarios a - d. Then answer part e. a. All mone
    15·1 answer
  • You are considering an investment in Crew Cut, Inc. and want to evaluate the firm's free cash flow. From the income statement, y
    8·1 answer
  • Geralds manufacturing firm sold goods worth $6000 to some customers on credit in the month of January. His customers plan to pay
    14·1 answer
  • You happen to be checking the newspaper and notice an arbitrage opportunity. The current stock price of Intrawest is $20 per sha
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!