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
Wittaler [7]
2 years ago
12

Using the letters above and the format below, indicate the balance sheet category in which an entity typically would place each

of the following items. Indicate a contra account by placing your answer in parentheses. 1. __________ Long-term receivables 2. __________ Accumulated amortization 3. __________ Current maturities of long-term debt 4. Page 192__________ Notes payable (short term)
Business
1 answer:
Alekssandra [29.7K]2 years ago
8 0

Answer:

The balance sheet category in which an entity typically would place each of the following items:

1. _Non-Current Assets_ Long-term receivables

2. _(Non-Current Assets)__ Accumulated amortization

3. __Current Liabilities__ Current maturities of long-term debt

4. Page 192_Current Liabilities_ Notes payable (short term)

Explanation:

A company's balance sheet has three main categories: assets, liabilities, and owners' equity. The assets are usually classified as Current Assets or Non-Current (long-term) Assets.  On the other side of a balance sheet, there are the Liabilities and Owners' Equity.  The Liabilities are classified into Current Liabilities and Non-Current Liabilities.  Usually, the Owners' Equity is made up of Owners' Capital and Retained Earnings.

You might be interested in
A record of the increases and decreases in a specific asset, liability, equity, revenue, or expense is a(n)________.
ozzi

Answer:

d. account This answer is correct

Explanation:

There are various types of accounts that are reported in the financial statements. The financial statement comprises of the income statement, balance sheet, statement of stockholder equity and the cash flow statement.

The recording of the increase in the specific asset, liability, revenue, expense, etc is called as an account

Just in net income, the revenue and expense account is reported. The asset, liability, stockholder equity which is reported in the balance sheet. The change in the values of the item is reported in the respective amount

7 0
3 years ago
QUESTION 11 Given the following information, calculate the equity dividend rate for this investment: first-year NOI: $18,750; be
Alja [10]

Answer: D. 2.2%

Explanation: Equity Dividend Rate is calculated by dividing the Before Tax Cash Flow by the Acquisition price. If you need the answer in percentage form, you then multiply by 100.

Here, before-tax cash flow =  $11,440

Acquisition price = $520,000

So Equity Dividend Rate = \frac{11440}{520000} X 100

     Equity Dividend Rate = 2.2%

In this question, you do not need the Net Operating Income (NOI). You only need the NOI if the Before Tax Cash Flow is not given and the debt service payment is. If this is the case, you subtract the debt service payment from the NOI to get the Before Tax Cash Flow.

4 0
4 years ago
When visiting your sister, you notice that her infant enjoys watching a mobile that hangs over his head. of the various objects
katovenus [111]
The big chainsaw is ur answer I bieleve
3 0
3 years ago
How are sales leads generate?
Eva8 [605]

Answer: A sales lead is identified via marketing and advertising, referrals, social media, networking and outreach, product trials, or consultations. A lead does not become a prospect until they've been qualified to determine their level of interest and fit as a potential customer.

Explanation:

4 0
3 years ago
Suppose that smoking creates a negative externality. If the government does not interfere in the cigarette market, then a. the e
Alexxx [7]

Answer:

b. the equilibrium quantity of cigarettes smoked will be greater than the socially optimal quantity of cigarettes smoked.

Explanation:

A negative externality occurs when the costs of economic activities to third parties not involved in economic activities are greater than the benefits.

Negative externality are usually overproduced in the economy. so, the equilibrium quantity of cigarettes smoked will be greater than the socially optimal quantity of cigarettes smoked.

5 0
3 years ago
Other questions:
  • Hoi Chong Transport, Ltd. Operates a fleet of delivery trucks in Singapore. The company has determined that if a truck is driven
    9·1 answer
  • Use the three-step process in the aicpa conceptual framework to assess whether janes' independence has been impaired. describe h
    10·1 answer
  • Supply Chain Integration Supply chain integration is a major contributing factor to organizational success. The goal of supply c
    8·1 answer
  • An investment project has an initial cost of $260 and cash flows $75, $105, $100, and $50 for Years 1 to 4, respectively. The co
    12·2 answers
  • Sharon is a manager at Softest Tissue Corporation. She is faced with an interesting problem. One of her employees has been cheat
    13·1 answer
  • Explain the differences between civil and criminal law.
    8·1 answer
  • In the Shaping Department of Oriole Company the unit materials cost is $4.00 and the unit conversion cost is $2.00. The departme
    9·1 answer
  • Mega corp.has $10,000 in net income and $40,000 in sales. What is mega corp.’s profit margin?
    12·1 answer
  • In a(n) ________, members eliminate internal trade barriers, adopt a common external policy toward nonmembers, and eliminate bar
    6·1 answer
  • Beryl company sells flash drives per week. purchaseorder lead time is weeks and the economicorder quantity is units. what is the
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!