Answer:
Equipment and notes payable
Explanation:
Since the equipment is purchased by signing the note payable which affected the two accounts i.e equipment and the note payable. In this, the cash transaction is not involved, so cash should not be considered
The journal entry would be
Equipment A/c Dr $10,000
To Notes payable $10,000
(Being the equipment is purchased by signing a note payable)
Answer:
Homeowners insurance, assuming Laura owns the house.
Explanation:
Homeowners insurance most often is what covers personal injury and liability claims if someone is injured in your house.
Just as a side note, if Laura is renting the home the landlord would need the homeowners insurance, not Laura.
<span>False. it allows the extend the impositions of each member barriers markets and the member have more benefits than non-members, and it permit free movement of goods among member nations and it allow free movement of factors of production among nations.</span>
