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Rudik [331]
3 years ago
9

What sections make up a balance sheet? Assets Capital Liabilities Owner's Equity

Business
1 answer:
PtichkaEL [24]3 years ago
7 0

assets, liabilities, and equity.

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An invoice for 450 has terms 2/10, 1/30, n/60. if you pay on the eighth day, how much will you remit
Ede4ka [16]
This would be your answer 450*. 98=$441
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3 years ago
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Taylor Entertainment Center has 5 TVs on hand at the balance sheet date that cost $400 each. The net realiz- able value is $350
faltersainse [42]

Answer:

Under the lower-of-cost-or- net realizable value basis of accounting for inventories, the value that Taylor should report for the TVs on the balance sheet is $350 × 5 = $1,750

Explanation:

The lower-of-cost-or- net realizable value basis of accounting for inventories values inventory at the lower of its cost or net realizable value. This basis of accounting gives a <em>faithful representation</em> to the users of the value of assets in inventory that firm holds. This is  also <em>prudent</em> in that profits are not overstated in the Income statement.

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3 years ago
The type of problem that a consumer will become aware of in the normal course of events or is already aware of is known as a(n)
Keith_Richards [23]

Answer:

<em>The type of problem that a consumer will become aware of in the normal course of events or is already aware of is known as a(n) </em><em><u>active</u></em><em> problem</em>

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2 years ago
We can show economic​ efficiency: A. with points outside the production possibilities frontier. B. with points on and outside th
mojhsa [17]

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3 years ago
What is meant by business objectives
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Business objectives are something which a business organisation wants to achieve or accomplish over a specified period of time. These may be to earn profit for its growth and development, to provide quality goods to its customers, to protect the environment, etc.

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2 years ago
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