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3 years ago

When an account payable is paid off in full, an entry is journalized that credits

Business

2 answers:

Sedbober [7]3 years ago

8 0

Answer:

Explanation:

gayaneshka [121]3 years ago

7 0

Answer:cash

Explanation:ap3x

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Venture capital (VC) firms are pools of private capital that typically invest in small, fast-growing companies that can't raise

sergey [27]

Answera dnd Explanation:

A. The incentive conflict in principal-agent relationship as it concerns venture capitalism is conflict between venture capitalists who are the principals and the managers of the business investment who are the agents. The conflict is that venture capitalists are put to increase value of their investment and make profit while salaried managers are only out to feel their pockets through their managerial role in the company as they do not have an interest in the company and are unaffected by the loss or failure of the company. This is known as the principal agent moral hazard issue in venture capitalism

B. By managers maintaining some ownership in the company, there us reduced conflict as managers now see a reason to make sure company succeeds since they have an interest

Venture capitalists aim to have a seat in the board to make sure managers do not take bad decisions since they are able to veto such decisions

4 0

4 years ago

Several years ago a city established a sinking fund to retire an issue of general obligation bonds. This year the city made a 55

Amanda [17]

Answer: c. Debt Service Fund and General Fund

Explanation:

The Sinking fund is a Debt Service Fund as it was created to retire some general obligation bonds. Every transaction that had to do with the retirement of debt as well as contribution to the retirement of debt would go in this account.

The General fund is also needed because this is the main fund of a Government entity. Everything that does not go through special funds is recorded here. This Fund therefore would show that the city made a $550,000 contribution to the sinking fund.

4 0

3 years ago

Larance Detailing's cost formula for its materials and supplies is $1,910 per month plus $10 per vehicle. For the month of Novem

gladu [14]

Answer:

$2,420

Explanation:

Calculation to determine what The materials and supplies in the flexible budget for November would be closest to:

Using this formula

Cost = Fixed cost + (Variable cost per unit × q)

Let plug in the formula

Cost= $1,910 + $10 × 51

Cost= $2,420

Therefore The materials and supplies in the flexible budget for November would be closest to:$2,420

4 0

3 years ago

The financial institution that generally charged the lowest rates on loans is

astra-53 [7]

Banks and Credit Unions usually charge the lowest rates on loans.

8 0

3 years ago

In the RST partnership, Ron's capital is $80,000, Stella's is $75,000, and Tiffany's is $50,000. They share income in a 3:2:1 ra

uysha [10]

Answer:

C. Stella, Capital will be debited for $4,000.

Explanation:

As for the provided information, we have,

Out of all the partner's Tiffany is retiring.

Tiffany's capital balance = $50,000

On his retirement he is paid $60,000

Since no goodwill is recorded, the excess amount paid over capital = $60,000 - $50,000 = $10,000, will be debited in remaining partner's ratio.

Ron's share in these $10,000 = $10,000 $\times$ 3/(3+2) = $6,000

Stella's share = $10,000 $\times$ 2/(2+3) = $4,000

Thus, Correct answer is debiting Ron's capital by $6,000 and Stella's capital by $4,000

3 0

3 years ago