Ask a question
Business
admin
What type of account are wages and salaries payable?
To answer Answers (2)
Business
admin
A method not recommended for getting out of excessive credit card debt is to: a. not open new credit accounts or accept any new credit offers b. pay the minimum amount due on your high interest-rate cards, and pay as much as possible on the lowest inter
To answer Answers (0)
Business
admin
Fred was persuaded to open a credit card account and now owes $5,150 on this card. Fred is not charging any additional purchases because he wants to get this debt paid in full. The card has an APR of 15.1 percent. How much longer will it take Fred to pay
To answer Answers (1)
Liabilities in financial accounting
admin
The normal balance of accounts payable account is a ______ because it is a(n) _______ account. a. debit, asset b. credit, liability c. debit, expense d. credit, revenue
To answer Answers (2)
Business
admin
The opening balance of the March billing cycle for Bernice’s credit card was $2374. If she makes a new purchase of $200 on the 20th of March, and doesn’t make any payments, what is her average daily balance?
To answer Answers (1)
Liabilities in financial accounting
admin
Younker charges 1.83% per month on the previous balances of its accounts. Juan Coulter account shows a beginning balance of $974.55. What is the amount of Juan’s finance charge?
To answer Answers (1)
Liabilities in financial accounting
admin
Which of the following entries records the payment of an account payable? a. debit Cash; credit Accounts Payable b. debit Accounts Receivable; credit Cash c. debit Cash; credit Supplies Expense d. debit Accounts Payable; credit Cash
To answer Answers (1)
Liabilities in financial accounting
admin
Is it possible to get a student loan (up to 20-25L) for studying abroad without collateral security?
To answer Answers (1)
Business
admin
Kelsey Baker founded GolfDeals.com at the beginning of February. GolfDeals.com sells new and used golf equipment online. The following events occurred in February. a. Borrowed $46,000 cash from a bank, signing a note due in three years. b. Received invest
To answer Answers (1)
Liabilities in financial accounting
admin
I’m getting a HDFC Regalia credit card free for lifetime. Shall I go for it? Which credit card is best in India? I spend on movies,travel and dining.
To answer Answers (1)
Liabilities in financial accounting
admin
The Tower family wants to make a home improvement that is expected to cost 60,000 now. They want to fund as much of the cost as possible with a home equity loan but can afford payments of only 800$ pe
To answer Answers (2)
Business
admin
Can I pay all EMIs of my credit card at once?
To answer Answers (0)
Business
admin
An accounts payable is created when
To answer Answers (0)
Liabilities in financial accounting
admin
What is the end-to-end process of accounts payable?
To answer Answers (1)
Liabilities in financial accounting
admin
What is a contingent liability? Give an example of a contingent liability that is usually recorded in the accounts.
To answer Answers (1)
Liabilities in financial accounting
admin
Credit card debt is: A) secured debt. B) unsecured debt. C) restricted debt. D) unrestricted debt.
To answer Answers (1)
Liabilities in financial accounting
admin
What are the pros and cons of SBI Simply save credit card?
To answer Answers (1)
Liabilities in financial accounting
admin
JCPenney Company accepts both its own credit cards and national credit cards. What are the advantages of accepting both types of cards?
To answer Answers (1)
Business
admin
In Year 1, Better Sleep company began to receive complaints from physicians that patients were experiencing unexpected side effects from the company’s sleep apnea drug. The company took the drug off the market near the end off Year 1. During Year 2, the c
To answer Answers (1)
Liabilities in financial accounting
admin
What is two-way matching in accounts payable?
To answer Answers (1)
Liabilities in financial accounting
admin
Does a revolving line of credit have a maturity date?
To answer Answers (1)
Business
admin
An account payable on the books of the buyer should be an account on the books of the seller.
To answer Answers (0)
Liabilities in financial accounting
admin
Accounts payable appear on which of the following statements? a) Transaction statement b) Balance sheet c) Statement of cash flow d) Statement of owner’s equity e) Income statement
To answer Answers (1)
Business
admin
Balley Co. includes one coupon in each bag of dog food it sells. In return for 3 coupons, customers receive a dog toy that the company purchases for $1.50 each. Balley’s experience indicates that 60 p
To answer Answers (0)
Liabilities in financial accounting
admin
Which of the following statements is true? The concept of accounts payable is applicable only when a customer buys from a retailer. Amazon does not allow third-party sellers to sell products through
To answer Answers (1)
Liabilities in financial accounting
admin
A balance is typical for Accounts Payable. a. debit b. credit
To answer Answers (1)
Business
admin
Bobby is trying to decide between two credit cards. One has no annual fee and an 18 percent interest rate, and the other has a $40 annual fee and an 8.9 percent interest rate. Should he take the card
To answer Answers (0)
Liabilities in financial accounting
admin
Which one of the following will increase the accounts payable period, all else constant? A. An increase in the cost of goods sold account value B. An increase in the ending accounts payable balance C. An increase in the cash cycle D. A decrease in the ope
To answer Answers (1)
Liabilities in financial accounting
admin
My credit card limit is 30K and I want to buy a laptop (price 46K). How I can buy it?
To answer Answers (1)
Liabilities in financial accounting
admin
1) Which menu in QuickBooks Accountant provides you access to supporting reports? 2) What information does an Accounts Receivable Aging report provide? 3) What types of transactions might appear in
To answer Answers (1)
Liabilities in financial accounting
admin
Why would restaurant not want to accept debit card but accept credit card as payment?
To answer Answers (1)
Liabilities in financial accounting
admin
Carlson Music Emporium carries a wide variety of musical instruments, sound reproduction equipment, recorded music and sheet music. Carlson uses two sales promotion techniques – warranties and
To answer Answers (1)
Business
admin
Aria Perfume, Inc., sold 3,210 boxes of white musk soap during January of 2016 at the price of $90 per box. The company offers a full refund for any product returned with 30 days from the dated of pur
To answer Answers (0)
Business
admin
How much will I owe to the bank if I withdraw 14000/- INR from my HDFC credit card (money-back MasterCard) from an ATM?
To answer Answers (1)
Liabilities in financial accounting
admin
Which of the following sources of consumer loans typically has the lowest interest rates? A. Commercial banks B. Credit unions C. Point-of-sale vendors D. Payday loan companies
To answer Answers (1)
Business
admin
How much money (in dollars) should be invested in an account that earns 5% interest, compounded quarterly, to yield $10,000 in 4 years? Round your answer to the nearest cent.
To answer Answers (1)
Liabilities in financial accounting
admin
How can a housewife WITHOUT income get a credit card and/or become an insolvent person?
To answer Answers (1)
Business
admin
A company paid $5,000 cash for equipment that had previously been purchased on account. Prepare the general journal entry to record this transaction.
To answer Answers (0)
Liabilities in financial accounting
admin
You have a $3,000 credit card debt, and you plan to pay it off through monthly payments of $75. If you are being charged 15% interest per year, how long (to the nearest 0.5 years) will it take you to repay your debt? |
To answer Answers (1)
Business
admin
a. What is accounting and how does it help one manage his personal finances? b. Describe the three products of accounting and bookkeeping procedures that are most useful in personal financial plannin
To answer Answers (0)
Главная › Business › Liabilities in financial accounting
Authorization
*
*

Entry Lost your Password ?
Password generation
Get New Password