Answer: Option D
Explanation: In simple words, these are accounts from which the cash flows are not stable and there is no guarantee that the entity will be able to get that benefit in the next accounting period.
The word "temporary account" applies to materials found on your statements of income, such as income and expenditure. Unlike regular accounts, temporary accounts must be ended to start the new accounting cycle with zero balances at the end of your company's accounting period.
Hence from the above we can conclude that the correct option is D.
Answer:
B. exporting.
Explanation:
Exporting -
It refers to the method of trading, where the goods and services are sold from one country to another , is referred to as exporting .
Where,
- Exported is referred to as the seller of the services and good,
whereas ,
- Importer is referred to as the buyer of the product.
- The method is very important to spread the international trade all over the world.
- The method helps to use goods and services from all across the world , which might not be available in their own country .
Hence, from the given scenario of the question,
The correct answer is exporting .
"Chapter 13" form of bankruptcy allows a debtor with a regular income to extinguish his or her debts from future earnings or other property over a period of time.
<h3>What is chapter 13 form?</h3>
An individual with steady income may alter their debts under this chapter of the Bankruptcy Code. Generally three to five years, Chapter 13 enables a debtor to maintain their assets while paying down their debts.
The benefits of filling chapter 13 form:
- You might be able to extend the time you pay off your debt, lower the amount you pay each month, or give up a piece of property you're paying off.
- Additionally, after you successfully finish a Chapter 13 repayment plan, certain creditors can no longer require full payment from you.
To know more about bankruptcy, here
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Answer:
Explanation: If a court had to construe a contract between Wire Co and a copper company based on industry practice. Means that A legal document that will state the entire business operation would have to be drawn down before any business transaction commences between the parties.
Answer: D. Discouraged Worker
Explanation:
a discouraged worker is a person of legal employment age who is not actively seeking employment or who has not found employment after long-term unemployment
