Answer:
a) Notes payable = current liabilities
b) Unearned rent = current liabilities
c) Accounts payable = current liabilities
d) Taxes payable = current liabilities
Explanation:
Current Liabilities are Company`s Obligations that are due for settlement within a period of 12 months.
All the above Accounts are would be classified as current liabilities as settlement in cash or service <em>(when in comes to unearned rent)</em> is due within 12 months.
Answer:
A January 1, 2020
Dr Cash $54,600
Cr Bonds payable $52,000
Cr Premium on bonds payable $2,600
B. December 21 2022
Dr Bonds payable $52,000
Dr Premium on bonds payable $1,820
Cr Common stock $26,000
Cr Paid in capital in excess of Par $27,820
Explanation:
Preparation of the entry for Stonewall Corporation
A January 1, 2020
Dr Cash $54,600
($52,000+$2,600)
Cr Bonds payable $52,000
Cr Premium on bonds payable $2,600
(5%*$52,000)
(To record issue of bonds for premium)
B. December 21 2022
Dr Bonds payable $52,000
Dr Premium on bonds payable $1,820
(100%-30%*$2,600)
Cr Common stock $26,000
(52*10*50)
Cr Paid in capital in excess of Par $27,820
($52,000+$1,820-$26,000)
(To record conversion of bonds into Common Stock)
The economic interdependence among nations is often measured by their openness.
What is economic interdependence?
The term "economic interdependence" refers to a measurement of the value of economic exchanges between two nations or between a nation and the rest of the globe, sometimes scaled to total national production or some other indicator of total financial assets. Globalization is one of the effects of economic interconnectedness. Each country's economy is at this point reliant on the supply of goods from other countries. For instance, China is currently a major supplier of goods to the United States.
Therefore,
The economic interdependence among nations is often measured by their openness.
To learn more about economic interdependence from the given link:
brainly.com/question/27693450
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Answer:There are five kinds of risk that entrepreneurs take as they begin starting their business. Those risks are: founder risk, product risk, market risk, competition risk, and sales execution risk. Founder risk considers who the founders of the company are, if they get along, and how they will work for the company.
Hope this helps......... Stay safe and have a Merry Christmas!!!!!!!! :D
Explanation:
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