Answer:
The answer is:
1. N
2. L
3. C
4. N
5. L
6. N
7. C
8. C
9. C
10. L
Explanation:
Current liability is the type of liability whose obligations are due within a year.
Long-term liability is the type of liability whose obligations are due in more than a year's time i.e it has a lifespan of more than a year.
1. Machinery (expected life of 4 years) - N
2. Notes payable (mature in five years). - L
3. Accounts payable (due in 30 days). - C
4. Patents (to expire after 5 years) - N
5. Notes payable (due in 13 to 24 months) - L
6. Prepaid Insurance (6 months of coverage). - N
7. Current portion of long-term debt - C
8. Unearned revenues (to be earned over next 3 months) - C
9. FUTA taxes payable - C
10. Pension liability (to be paid to employees retiring in 2 to 5 years) - L
Answer:
emphasizes on completing work on time without any unreasonable delays.
Explanation:
Leadership is the trait that an individual has that inspires others to give their best and motivates them to achieve higher standards in work and their personal lives.
In this instance Stephen the CFO of Pluto Inc is considered to be a very organized and disciplined leader by his employees.
This is because he emphasizes on completing work on time without any unreasonable delays. Stephen gas set a standard that inspires his employees and so they look up to him.
Ghhggjh I just got a call back to confirm that we were all going out to get together for the first time this year and I have to be there at the end of the day and then
Answer:
e.
Explanation:
One of the goals of value-based marketing is to offer greater value than competitors offer. Therefore you are advertising to customers the value that your company/product can provide that the competitors cannot. Therefore attracting customers towards your product and in term increasing both sales and profit for your company.
Answer:
The adjusted balance for Prepaid Insurance is $1,200. Whereas, the expired Insurance that is to be charged to Profit or Loss Statement is $1,500.
Explanation:
The Double Entry to Record the Expired Resource (Insurance) is:
Insurance Expense (Dr.) $1,500
Prepaid Insurance (Cr.) $1,500
This implies that the adjusted balance for Prepaid Insurance is 2,700 - 1,500 = $1,200.
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