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3 years ago

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A debit: Multiple Choice Always decreases an account. Is the left-hand side of a T-account. Is the right-hand side of a T-accoun

t. Is not needed to record a transaction. Always increases an account.

1 answer:

In-s [12.5K]3 years ago

5 0

Answer:

ggggg

Explanation:

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If local shell gasoline stations look at bp stations' prices as the primary method of determining its own prices, shell is using

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<span>If local shell gasoline stations look at bp stations' prices as the primary method of determining its own prices, shell is using</span> competition-based pricing.
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These bonds are not backed by any physical collateral. They are backed by the reputation and creditworthiness of the issuing com

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Debentures are bonds that are not backed by any physical collateral. They are backed by the reputation and creditworthiness of the issuing company.

Are debentures backed by assets?

Because the issuer anticipates paying back the loans with money from the sale of the business initiative they helped fund, debentures are also known as revenue bonds. Debentures are not backed by tangible property or collateral. They have the issuer's full faith and credit as their only guarantee.

What is debenture and its characteristics?

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Learn more about debentures backed by assets: brainly.com/question/14788206

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1 year ago

Seth and Rachel have original investments of $50,000 and $100,000, respectively, in a partnership. The articles of partnership i

dimulka [17.4K]

Answer:

D. $8,000.

Explanation:

*Net loss is considered as the amount to be allocated between partners on equal sharing ratio. Otherwise the net allocated amount will be 76,000 ( -16000-5000-10000-27000-18000) net loss and Seth's share will be -38,000 (76000/2) . Question has no option of this amount.

Statement of Partners Equity

For the Year end MM-DD-YY

Seth Rachel

$ $

Beginning Capital balance = 0 0

Investment by partners = 50,000 100,000

interest Allowance = 5000 10,000

Salary Allowance = 27000 18,000

Net loss Allocated = <u> (8,000) </u> <u> (8,000) </u>

Ending capital balance = <u> 74,000 </u> <u> 120,000</u>

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