Answer:
B) money.
Explanation:
Characteristics of a negotiable instrument
- Property: the individual or company that possesses the instrument is also considered its owner. Order instruments, e.g. checks, must be endorsed for transfer of property.
- Title: the person that receives title of the instrument is called a transferee and is the holder in due course.
- Rights: the transferee can take legal action to claim the honoring of the instrument.
- Prompt payment: the due holder can anticipate prompt payment because dishonoring the instrument (not paying it) results in the "ruin of credit" of all parties involved in the instrument.
- Monetary value: instruments carry a specific monetary value and must be paid in money.
Answer: The correct answer is a. Debit to an expense account and a credit to a liability account.
Explanation: An accrued expense is an expense incurred but yet to be paid for. For instance a consultancy service.
To record this transaction, a debit to the expense account will be recorded to increase expenses and a credit to liability account to increase what is owed.
Answer:
Letter c is correct.<u> Is forward looking, stressing nonfinancial measures that can lead to benefits in the future.</u>
Explanation:
The balanced scorecard is a methodology whose focus is to assist the strategic management of a business, integrating managers and employees to work focused on obtaining long-term objectives and goals according to the company's current projects and results.
This methodology consists of actions focused on the business vision, so that there is an improvement in the management of long-term objectives, making the vision concrete through the monitoring and control of indicators to verify if the business plans are being fulfilled.
Answer:
The answer is $99700
Explanation:
Net cash from operating activity= Net income + Depreciation - increase in net working capital.
Net cash from operating activity= $96,200 + $6,300 - $2,800= $99700
