Answer:
This is an example of Invisible Hand.
Explanation:
The invisible hand concept describes the individual effort in providing benefit to overall society by his untiring efforts. The market force that helps the demand and supply of goods in a free market to reach equilibrium automatically and providing benefits to its own people.
Answer:
Debit long-term debt; Credit cash.
Explanation:
The Journal Entry is shown below:-
Long term Dr, XXXXXXXX
To Cash
(being long term is recorded)
Long-term debt is a liability which usually has a credit balance. Therefore, until the long-term debt is entirely repaid, the long-term debt account has to be debited to pay it off entirely from the account books. In another hand, the cash account has to be paid, because there is a cash outflow.
Answer:
The first transaction will be recorded as a note receivable, whereas the second transaction will be recorded as an account receivable.
Explanation:
Answer:
rewrite the introductory materials yourself
Explanation:
Based on the information provided within the question it can be said that in this scenario your best option would be to rewrite the introductory materials yourself
. Without knowing what who wrote that section or what the contractual conditions were you cannot copy that material because you are risking being sued for copyright infringement and potentially losing a lot of money or even the software in some cases.
