Business, 16.09.2019 23:30 leilaelmazry
Balance sheet current assets current liabilities summary of significant accounting policies subsequent events unqualified opinion qualified opinion intangible asset
a. scope limitation or a departure from gaap
b. an organized array of assets, liabilities, and equity
c. the statements are presented fairly in conformity with gaap
d. items expected to be converted to cash or consumed within one year or the operating cycle whichever is longer
e. will be satisfied through the use of current assets
f. occurs after the fiscal year-end but before the statements are issued.
g. important to a user in comparing financial information across companies.
h. lacks physical substance
Answers: 1
Business, 22.06.2019 00:00, kyllow5644
Which of the following is a disadvantage to choosing a sole proprietorship business structure? question 9 options: the owner has personal responsibility for the company's liabilities. the owner has to share the profits with partners. the owner is still liable for personal debts. the owner has to report to shareholders.
Answers: 1
Business, 22.06.2019 08:40, alvalynnw
Mcdonald's fast-food restaurants have a well-designed training program for all new employees. each new employee is supposed to learn how to perform standardized tasks required to maintain mcdonald's service quality. due to labor shortages in some areas, new employees begin work as soon as they are hired and do not receive any off-the-job training. this nonconformity to standards creates
Answers: 2
Business, 22.06.2019 09:30, kingtrent81
Cash flows during the first year of operations for the harman-kardon consulting company were as follows: cash collected from customers, $385,000; cash paid for rent, $49,000; cash paid to employees for services rendered during the year, $129,000; cash paid for utilities, $59,000. in addition, you determine that customers owed the company $69,000 at the end of the year and no bad debts were anticipated. also, the company owed the gas and electric company $2,900 at year-end, and the rent payment was for a two-year period.
Answers: 1
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