Answer: current liability
Explanation: Callable debts are simply called bonds (an investment instrument whereby an individual or investor loans a certain amount to an organization in other to finance a project or business that yields profit) which the creditor or issuer call of or terminate a bond before it reaches maturity usually due to decline or decrease in the interest rate on investment, which could have fallen below or seem illogical given the Interst rate in the bond. As such, bonds which are Callable are reported as current liabilities even when they are not expected to be called as current liabilities should include all of an organization's debt or liabilities which should be cleared within 12 months(current fiscal year).
Answer:
The correct answer would be C, No Effect.
Explanation:
In Balance Sheet, there are two sides, one side contains Assets and Liabilities, whereas the other side contains Owner's Equity. When ever there is a change in the accounts head, the changes are reflected in the balance sheet or the concerned financial statement. In this question, The company purchases equipment, which is an asset, from cash. This transaction can be shown by the following entry:
Debit Credit
Equipment(Asset) Cash
In this entry, we can see that cash is being credited, which means, owners equity is decreased, but at the same time, equipment is debited, which means assets are increased, and when assets increase, it means owners equity is increased. So there won't be any effect on the owner's equity because equity is just converted from cash to assets. There will be no increase or decrease in the owners equity. It will remain same.
Strategy is the framework that managers apply to determine the competitive moves and business approaches that run the company.
A strategic framework is an aspirational blueprint that provides the interplay and brotherly love between a business enterprise's enterprise approach and its different auxiliary packages to its various stakeholders.
the six crucial factors of strategic making plans: vision, assignment, goals, method, approach, and tactics.
There are four components to a strategic framework:
enterprise objective.
approach.
dimension.
target.
Learn more about A strategic framework here
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Answer:
Bad debt expense for 2022 would be $2,950.
Explanation:
Bad debt expense for 2022 can be calculated as follows:
Bad debt expense for 2022 = Allowance for uncollectible accounts of at December 31, 2022 - (Balances in Allowance for Uncollectible Accounts on December 31, 2021 - Accounts receivable written off) = $4,300 - ($2,000 - $650) = $2,950
Therefore, Bad debt expense for 2022 would be $2,950.
Answer:
D. Networking ensures higher-paying jobs.
Explanation:
Networking is the act of interacting and sharing information between a group of people with common interests in various settings, such as the work environment, schools, and other social gatherings. When students attend the same school, they share common interests and goals. Networking among them would pave way for possible help in the future with regards to finding a job. But it would be wrong to assume that networking would be a guarantee for higher-paying jobs.
Networking would also help graduates from college to interact with people who have progressed farther in their career than they have. So, they can learn from their wealth of experience.
