Answer:
A liability account in the balance sheet.
Explanation:
When rent is collected in advance, the entries required to be recognized at the point of collection is as follows;
Debit Cash account
Credit Unearned/Deferred rental revenue
The cash account is an asset while the Unearned/Deferred rental revenue is a liability account.
As such, the collection of rent in advance is A liability account in the balance sheet.
Answer: Externalities occur when the actions of an individual or group spill over onto others, without their consent.
Explanation:
By definition, an Externality is the effect of an action by an individual or group that spills over onto third parties without their consent.
Externalities can be either negative or positive. A positive externality for instance would be bees from a bee farm pollinating flowers in the environment.
A negative externality would be air pollution from China for instance contributing to global warming effects experienced in Northern Africa.
Answer:
11.1%
Explanation:
The face value is $5000
It is sold for $4,500
Therefore the interest rate of this bond can be calculated as follows
$5000-$4500
= 500
500/4500 × 100
= 0.111 × 100
= 11.1%
Hence the interest rate is 11.1%
Answer:
True
Explanation:
Because the less product means less sales and less happy people. Hope this helps.
Answer:
The correct answer is letter "A": long run.
Explanation:
A company sets its sustainability and strategic plans in the long run. The long-term is a long-lasting period of time, typically with a length of more than one (1) year, that firms use to set due dates of when their achievements must be fulfilled. The long-run scope is also useful ate the moment of calculating major debts such as loans with financial institutions for the acquisitions of plants, machinery or any other highly-valuable asset of the organization.
