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3 years ago

Which is a short term bond that must be paid within a year or less?

2 answers:

8 0

Treasury bill
It's a short-term debt backed by the U.S. government with a limit of one year, It's sold in denominations of $1,000. The maximum purchase is $5 million

arlik [135]3 years ago

4 0

Answer:

The correct answer is "Treasury bill".

Explanation:

A Treasury bill is a short-term debt obligation of the U.S. government. The obligation is backed by the Department of the Treasury and is characterized by a maturity of one year or less. These securities are considered to be low risk and safe investments.

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Revenue is properly recognized: Multiple Choice When the customer makes an order. Only if the transaction creates an account rec

Marianna [84]

Revenue in a business transaction is recognized When goods or services are provided to customers and at the amount expected to be received from the customer.

<h3>What is revenue?</h3>

Refers to the amount paid to a company for the provision of goods and services.
Can only be recognized when that good or service has been provided to the customer.

Until a good or service is provided to the customer who bought it, revenue should not be recognized because it has not been earned by a company.

In conclusion, option C is correct.

Find out more on revenue recognition at brainly.com/question/1380073.

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1 year ago

Peyton sells an office building and the associated land on May 1 of the current year. Under the terms of the sales contract, Pey

Westkost [7]

Answer:

$2,466,000

Explanation:

Given that,

Cash Received = $1,600,000

Mortgage assume by purchaser = $950,000

Broker's commission = $75,000

points paid by seller = $9,000

Peyton's amount realized:

= Cash Received + Mortgage assume by purchaser - broker's commission - points paid by seller

= $1,600,000 + $950,000 - $75,000 - $9,000

= $2,466,000

Therefore, the amount realized by Peyton is $2,466,000.

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2 years ago

Goods sold On cash Rs 5000 make journal entries

maks197457 [2]

Answer:

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Explanation:

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2 years ago

In Free Market Environmentalism, economists Terry Anderson and Donald Leal write, "Subsidized irrigation encourages farmers to b

Soloha48 [4]

Answer:

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3 years ago

A taxpayer understated the tax liability by $10,000. The total tax liability was $50,000. No disclosure of the return position w

posledela

Answer:

2,000

Explanation:

To calculate how much of an accuracy related penalty the tax payer will be assessed, we use the following method.

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3 years ago