In accounting, the long-term liabilities<span> are shown on the right wing of the balance-sheet representing the sources of funds, which are generally bounded in form of capital assets. Examples of </span>long-term liabilities<span> are debentures, mortgage loans and other bank loans.
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if a merchandiser records a debit to accounts receivable and a credit to sales revenue, they have most likely Credit sales recorded.
We have accounts receivable as an asset account and the sales have already been made. Sales revenue has been generated and will be credited to accounts receivable. Sales revenue is a source of income, and accounts receivable are sources of assets.
Some credit sales have clauses, such as interest income clauses, that state that if a payment is not made, an amount will be received after a certain amount of time has passed.
Credit sales are transactions in which the outstanding balance will be paid at a later time. In other words, credit sales refer to transactions in which customers make purchases but do not pay in full, in cash, at the time of the transaction.
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Answer:
mutual funds
bonds
retirement funds
commodities
Explanation: i just took it
Answer: The estimated market value of the property using the cost approach is $330000
Explanation: The first step is to determine the value of the reproduction, which is equal to $ 350000.
Then we must subtract its accumulated depreciation, which is calculated as follows: ( (350000 x 15) / 70 ) = $ 75000.
350000 - 75000 = 275000
And last step we must add the estimated value of the site that is $ 55000.
275000 + 55000 = $ 330000 is the value estimated by the cost approach.
Given the scenario, Sally's employer is still responsible for these reasons:
<em> A. Yes, because this type of incident falls under the OSH Act's General Duty Clause,
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<em>B. Yes, because Larry did not follow safe work practices by rushing down the hall with the cart.</em>
The responsibility of Sally's employer does not end because the accident is not specifically addressed in the OSHA standards.
At least, the General Duty Clause of the OSH Act requires employers to provide safe work environments free from recognized present or future hazards.
Thus, Larry's action is a recognized hazard that could have been prevented from happening if wider hallways are built, for example.
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