Alex bought $50,000 worth of computers for his firm; he will pay the vendor for these computers
on the fifteenth of next month. These items would be carried on the ________ and listed as
________.
A) balance sheet; notes payable
B) balance sheet; accounts payable
C) income statement; notes payable
D) income statement; accounts payable
E) none of the above
B
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One of the fundamental dilemmas in negotiation is the degree to which negotiators should trust the other party.
Answer the following statement true (T) or false (F)
Master Glue Hairspray, Inc contracts to purchase 100 umbrellas with its logo and slogan, "A spray a day keeps the rain and wind away!" specially printed on the umbrellas and its 1-800 telephone number on the umbrella handle. After the seller completes the order, Master Glue refuses to accept or pay for the umbrellas. Because of the special logo and telephone number, the seller has been unable to
find a new buyer. If the seller sues Master Glue, what is the proper measure of the seller's damages? a. Contract price minus market value of the goods at the time of delivery b. Contract price c. Lost profits d. Cover price minus contract price
Describe the sequence of transactions required to do a covered interest arbitrage out of Japanese yen and into U.S. dollars
What will be an ideal response?
A contract that calls for the investor to (possibly) sell securities on a future date is called a ________
A) short contract B) long contract C) hedge D) micro hedge