The type of insurance money that Malik has received indicates life insurance and the correct option is D.
<h3>What is life insurance?</h3>
Life insurance is an agreement wherein a policyholder will pay everyday premiums in alternate for a lump-sum demise benefit that can be paid to the policyholder's beneficiaries. The lump-sum gain is paid while the policyholder passes away or a selected amount of time has passed.
Hence, The type of insurance money that Malik has received indicates life insurance and the correct option is D.
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1. (a) Record a liability
2. (a) Record a liability
3. (b) Disclose in notes
<h3>What happens if you fail to record a liability?</h3>
Frequently, failing to register a responsibility entails also neglecting to record an expense. Income is decreased by expenses; but, in this case, this wasn't documented so that net income wouldn't be impacted when it should have been. The net income will be overstated as a result.
<h3>On a balance sheet, how do you record liabilities?</h3>
Unearned income or a "payables" account is normally where liabilities are recorded. In most cases, unless they are regarded as contra liabilities, they have a credit balance. As a result of discounting or lowering the amount owed, this kind of liability has a negative balance.
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Answer:
a. $21,725.65
b. $19,385
c. 27,421.32
Explanation:
Savings = 125,000
Annuity Formula :
[
(
) ] =
(
)
Solving the equation we get,
A = $21,725.65
Answer: eclectic approach
Explanation: As its name indicates, eclectic therapy is a therapeutic approach that incorporates a variety of therapeutic principles and philosophies in order to create the ideal treatment program to meet the specific needs of the patient or client. Instead of insisting upon strict adherence to one particular approach or school of thouthe primary benefit of eclectic therapy is that the therapy is customized to meet the unique needs of the patient. By personalizing the therapeutic experience in order to best address and respond to the needs of the patient, the eclectic therapist ensures that the most effective therapeutic techniques are integrated into treatment. The eclectic therapists employ elements from a range of therapeutic techniques, with the goal of establishing a course that is personally tailored to the patient or client. Eclectic therapy is an open, integrative form of psychotherapy that adapts to the unique needs of each specific client, depending on the problem, the treatment goals, and the person's expectations and motivation . eclectic therapist can also use different therapies to help you deal with one difficult problem. For example, say you went into therapy because you felt like you were failing as a parent. The eclectic therapist might use several different methods to help you with that problem. If you're feeling anxiety about being a parent, they might teach you relaxation techniques and use art therapy or the 'empty chair' technique to help you express your feelings about the situation. They might find out the specific things you need to change and use cognitive behavioral therapy to help you change your thoughts about how to be a good parent so that you can change your behavior.