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Vesnalui [34]
2 years ago
6

Which of the following is NOT an advantage of paying bills online?

Business
1 answer:
MrRissso [65]2 years ago
3 0

Answer: you will only receive a record of your payment if you pay bills online

Explanation:

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If you brought on a business partner, how could it help your business?
sergey [27]

Hiring a business partner and help your business by adding the skills you dont have to the business to make the business better , the only downside is the cut or the amount you will have to pay the partner.

7 0
3 years ago
Tate Company purchased equipment on November 1, 2020 and gave a 3-month, 9% note with a face value of $120,000. Tate’s year-end
goldfiish [28.3K]

Answer: Debit Interest Expense and credit Interest Payable, $1,800

Explanation:

The amount of time that has elapsed between the 1st of November and the 31st of December is 2 months.

This means that the interest over the last 2 months has to be calculated and recorded on the 31st of December.

Bear in mind that the 9% is an annual interest rate figure and so when calculating the interest, you must adjust for the amount of months in the year.

Interest owed for 2 months is,

= 9% * 2/12 (2 months have elapses out of 12 months in the year) * $120,000

= $1,800

Interest owed is $1,800.

The correct entry will therefore be,

Dec 31

DR Interest Expense $1,800

CR Interest Payable $1,800

( To record interest payable on note)

5 0
3 years ago
If a project activity experiences positive variation:
kari74 [83]
<span>The project management office (PMO) helps an organization develop project management skills.
</span>If a project activity experiences positive variation: the following activity can be started earlier than anticipated.
4 0
3 years ago
Indicate what components of GDP (if any) each of the following transactions would affect. a. Your parents buy a new house from a
Ira Lisetskai [31]

Answer:

a. Consumption spending

b. consumption spending

c. government spending

d. investment

e. consumption and investment

f. consumption spending

g. not included in GDP

Purchase of a Toshiba laptop is consumption spending

Explanation:

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export

Net export = exports – imports

When exports exceeds import there is a trade deficit and when import exceeds import, there is a trade surplus.  

Items not included in the calculation off GDP includes:  

1. services not rendered to oneself

2. Activities not reported to the government  

3. illegal activities

4. sale or purchase of used or old products

5. sale or purchase of intermediate products

Consumption spending includes expenditures by households on durable and non durable goods and services

the following are durable consumption by households and are included in the calculation of GDP :

Purchase of a house

Purchase of a mustang

Purchase of an air conditioner

purchase of a  computer

the purchase of the old Victorian house isn't included in the calculation of GDP because it is old. Only items produced in the current year are included in the GDP. if the old home is counted, it would be double counting

hiring an accountant is an example of purchase of services by households and it is consumption spending.

Spending by businesses are included in investment spending.

expenditure by the government or state are included in government spending

4 0
3 years ago
Julie and anna opened their store – "hot coffee, cool clothes" – just 12 months ago. the concept was based on a store that they
kenny6666 [7]
Is this a question or a statement?

~ThePirc
6 0
3 years ago
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