Answer: Networking
Explanation:
Networking had to do with the interaction with other people in order to exchange information and for social and professional development.
Since the three banks from which he has tried to borrow money to set up his business are skeptical and they have all turned him down for a loan while the colleges Chaz has contacted are all for it, and the students he has talked to are excited about the idea as well, he should network so that he can be able to get the required fund to set up the business and also get professional advice.
If you are an employee who is not working on a commission basis, then most likely, you are working as a salary based employee. Your salary would usually be based on your going rate or your market value to the employers. Based on your caliber, the employers will decide what your salary would be. For example, if you are a fresh grad, you will start with an entry level salary while if you are a manager, you will obviously be receiving a higher salary.
Answer:
$3 loss
Explanation:
Given that
Selling value of an asset = $60
Spot price at that time = $58
The Spot price in one year = $63
So, the now the gain or loss for one year would be
= Selling value of an asset - Spot price in one year
= $60 - $63
= $3 loss
Since we have to find out for one year so we considered the price for one year i.e selling price and the spot price
Answer:
$16,000
Explanation:
the journal entry to record this loan would be:
June 1, 2014, loan handed out to Horn
Dr Notes receivable 800,000
Cr Cash 800,000
on December 31, 2014, accrued interest receivable for November and December
Dr Interest receivable 16,000
Cr Interest revenue 16,000
interest revenue = $800,000 x 12% x 2/12 (Nov. + Dec.) = $16,000
Answer:
Accounts Receivable with a balance of $1,800
Explanation:
Transcription error is the kind of error, which has a particular kind of error of data entry, which is usually made through the human operators or through the programs of optical character recognition.
Trial balance is the account which is prepared to verify the aggregate of all accounts with the debit balance with the aggregate of total of all accounts with credit balance.
When there is error on the credit and debit balance, then the account of accounts receivable will contain the balance of the error which amounts to $1,800.