The correct answer would be the first option. A note receivable can be transferred to another party by endorsement. It is described as a current asset of an organization that claims a written promissory note from other organization. It is usually made up of the principal and the interest amount.
Answer:
AT&T was accused of selling real-time customer data and location.
Explanation:
Electronic Frontier Foundation (EFF) and Pierce Bainbridge Beck Price & Hecht LLP will file a class action lawsuit against AT&T on behalf of some of their clients.
The legal remedy is before a court in California with the aim of preventing AT&T and two companies specialized in aggregating data that can have unauthorized access to information and even the real-time location of the company's mobile clients telecommunications. According to the information, EFF alleges that AT&T sold the real-time geolocation data of the clients to credit agencies, bonds and other third parties without the required client's consent and without any legal authority.
A percentage of sales revenue paid to coworkers is called commission
Answer:
ASSETS = LIABILITIES + EQUITY
75,000 = + 75,000
(1,500) = + (1,500)
10,000 = 10,000 +
2,500 = + 2,500
8,000 = + 8,000
- = +
(3,000) = + (3,000)
- = +
(10,000) = (10,000) +
(1,000) = + (1,000)
80,000 = 0 + 80,000
Explanation:
Accounting equation is the foundation of dual entry bookkeeping system. It is also known as the balance sheet equation that shows the relationship between ASSSETS, LIABILITIES AND EQUITY. Total assets must be equal to total liabilities + Equity due to the dual entry system otherwise, it is an indication of descrepancy in during the recording.
