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.
<u>This is an example of "outsourcing".</u>
Outsourcing is the business routine with regards to procuring a gathering outside an organization to perform benefits and make products that generally were performed in-house by the organization's own representatives and staff. Generally done as a cost-cutting measure, it can influence occupations going from client support to assembling to the back office.
Outsourcing can enable organizations to lessen work costs essentially by outsourcing certain assignments. Organizations can likewise dodge costs related with overhead, gear and innovation.
<span>Primary markets include assets that can only be redeemed by the original holder.</span>
I personally would choose Ice-cream taster, but judging from context you wrote in this specific question. This isnt something with a wrong answer but rather a personal question. I think you should be the one answering this because with the context that I see on what you wrote. This isnt something like an equation, if Im wrong, I mustve missed out on some context or Im not getting something right. Therefore, you should choose what you like on this since it looks like a personal question.
Answer:
A) Ian's discovery of an injury caused by the opener
Explanation:
The statute of limitations for product liability sets the maximum time that the buyer has to present a legal claim against a manufacturer from the date that an injury happened. In this case, the statute of limitations is set at four years, so that means that Ian has four years after he (or someone else) suffered an injury when they were suing the garage opener.
