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
3241004551 [841]
3 years ago
12

What account below is not an asset?

Business
1 answer:
KiRa [710]3 years ago
8 0

Answer:

A. Capital Stock

Explanation:

Accounts are categorized following the accounting equation of assets are equal to equity plus liabilities. Asset accounts track and record the resources that a business owns or controls. Assets being the valuable items that a business uses to generate income or maintain operations.

Equity represents the owner's interest in the business. It comprises capital contributions and retained earnings. Capital stocks belong to equity accounts and not asset accounts.

You might be interested in
At the end of the year the production manager is taking inventory and finds 600 units of an older model of invisible fencing tha
KatRina [158]

Answer: $12

Explanation:

In selling the obsolete goods, the company will incur Variable Marketing costs and the alternative will be to throw the goods away.

The relevant costs they will incur are therefore the Variable Marketing costs alone.

The lowest amount that a company should accept for a good is the price that equals it's cost so that they may at least Break-Even.

Seeing as the Variable Marketing Costs are the only relevant cost then the lowest they should accept is the Variable Marketing Costs of $12.

7 0
2 years ago
1. Under a shipment contract, the seller is required only to the goods into the hands of a carrier and title passes to the buyer
taurus [48]

Answer:

<h2>1) The answer is option a) or True.</h2><h2>2) Generally all contracts are assumed to be <u>Shipment </u> contracts if nothing to the contrary is stated in the contract.</h2><h2>3) The seller is required to deliver the goods to a particular destination in a destination contract,usually directly to the <u>buyer</u><u>.</u></h2><h2>4) The answer is option a) or True.</h2><h2 />

Explanation:

  1. A shipment contract mandates that the seller of any good or service is obligated to deliver the specified shipment to a common carrier for delivery to the buyer but not directly to the buyer's destination.Under  the shipment contracts,the seller is not responsible for the condition of the shipment or package during the delivery point and time to the buyer.
  2. If nothing is specifically mentioned in the contract regarding the delivery of the shipment,it assumably qualifies as a shipment contract and the seller is only liable to dispatch the shipment to the transportation carrier and not obligated to send it directly to the buyer's destination.
  3. Under a destination contract,the seller is officially obligated to dispatch the concerned goods or shipment directly to the buyer's actual destination.Hence,the seller's obligation is incomplete until the shipment subsequently reaches the buyer's destination.
  4. For destination contract,at the point of delivery,the burden of risk and title associated with the condition and ownership of the specified shipment is passed onto the buyer and seller is not officially or legally liable regarding the same.
3 0
3 years ago
Jana has spent the last year traveling to different operations for her company. She visited factories in Mexico and Thailand, a
Elodia [21]

The question is incomplete, in order to complete the sentence, it follows with the description, “Jana noticed that it seemed easy to convince people to work together for the good of the group. How would you characterize this trait?”

 

Based on the question above, Jana can be characterized as a collectivist by which is defined as a practice or principle of where an individual prioritizes other group than any or over any individuals.

4 0
3 years ago
Which is bigger 100,000 or .000157
Fudgin [204]
100,000? because .000157 is a decimal, right?
7 0
3 years ago
Read 2 more answers
How much money will you have in a savings account that earns 16% annually in 10 years if you invest $5000 per year?
klio [65]

Answer:

The final value is $106,607.35.

Explanation:

Giving the following information:

n= 10 years

i= 16%

Annual deposit= $5,000

To calculate the final value we need to use the following version of the final value formula:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

FV= {5,000*{(1.16^10)-1]}/0.16= $106,607.35

3 0
2 years ago
Other questions:
  • Segmentation, targeting, and positioning Group of answer choices are part of the marketing plan but bear little direct relations
    9·2 answers
  • Suppose a monopolist produces two different products. If the marginal cost of producing one is lower than the marginal cost of p
    12·1 answer
  • A business is concerned with many day-to-day activities. Some of the most important are the planning and conception of the produ
    11·1 answer
  • Seeing an apple (for Macintosh) or the Marlboro Man may make it easier for consumers to remember and consider these brands when
    5·1 answer
  • For the Mixing Department, unit materials cost is $8 and unit conversion cost is $12. If materials are added at the beginning of
    8·1 answer
  • What are some of googles resources
    13·1 answer
  • Difference between administrative manpower and technical manpower​
    6·2 answers
  • firms operating in a/an market, sell their product in a market with many other firms who produce identical or extremely similar
    10·1 answer
  • Now suppose that Rowe has an argument with her husband and wants to withdraw, and what effect would it have on the LLC?
    14·1 answer
  • How are eggs processed to prepare them for shipping and purchasing by a consumer.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!