Answer: General Partnership
Explanation:
Since both Kyle and Palo are equally responsible for the businesses' risks and rewards and they also combine their resources together, then this is a general partnership.
For a general partnership, they both take active part in the business and also have unlimited personal liabilities.
Therefore, the answer is general partnership.
1 True
2 False - Must be accrual basis
3 True
4 True
5 True
Answer:
Since the bond's coupon rate is identical to the market rate, then they should have been sold at face value. Since we are not given any costs associated to the issuance, then I will assume it is $0.
January 1, bond issuance:
Dr Cash 650,000
Cr Bonds payable 650,000
December 31, coupon payment:
Dr Interest expense - bonds 78,000
Cr Cash 78,000
Explanation:
Uses:
-Cooking
-Heating
-Smoking
-Cooling
-cheap to use
Harmful:
-Can cause high temperatures; cause heat boils, heat stroke
-Pollution of damaging eater ecosystems
-Can only be constructed in areas where temperatures below the earth's surface.
-Needs extensive research
-Can be forced to operate in relatively remote areas
Answer:
shell say to get your team together and lead if can do it do it, if you cant, don't
Explanation: you're the team leader you're supposed to be able to make decisions even the hard ones
