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Questions in business

📝 Answered - True or False: All college students should avoid using credit cards.

📝 Answered - The January 1, Year 1 trial balance for the Taylor Company is found on the trial balance tab. The beginning balances are assumed. Taylor Company entered into the following transactions involving short-term liabilities. Note: Use 360 days a year. Year 1 April 20 Purchased [tex]$46,750[/tex] of merchandise on credit from Parker, terms n/30. May 19 Replaced the April 20 account payable to Parker with a 90-day, 10[tex]%, $[/tex]536,000 note payable along with paying [tex]$[/tex]10,750 in cash. July 8 Borrowed [tex]$[/tex]84,000 cash from AKR Bank by signing a 120-day, 10[tex]%, $[/tex]84,000 note payable. August 17 Paid the amount due on the note to Parker at the maturity date. November 5 Paid the amount due on the note to AKR Bank at the maturity date. November 28 Borrowed [tex]$[/tex]81,000 cash from Chicago Bank by signing a 60-day, 8[tex]%, $[/tex]81,000 note payable. December 31 Recorded an adjusting entry for accrued interest on the note to Chicago Bank. Year 2 January 27 Paid the amount due on the note to Chicago Bank at the maturity date. Prepare the journal entries related to notes and accounts payable.

📝 Answered - When might a client want to manually record an expense, rather than categorizing it when it comes in through the bank feed? Select the TWO options you think apply, and then select Submit. A. When a large expense is incurred B. When the expense is greater than $10 C. When the expense needs to appear in a company report immediately D. When the payee is a new vendor

📝 Answered - Strategic CSR only focuses on donations and grants made by sports organizations. A. True B. False

📝 Answered - Drag the tiles to the boxes to form correct pairs. Match the types of life insurance and their descriptions: whole life indexed universal life term life universal life plan that covers someone for his or her entire life plan that builds wealth and pays a death benefit plan that earns interest income, but has a higher risk of losing potential interest plan that covers a person for a certain period of time

📝 Answered - What should you do if you own a credit card? pay only the minimum balance pay it off quarterly pay the monthly balance

📝 Answered - If you are interested in working for a specific company, what type of job site should you look at for openings? A. Geographic specific site B. Industry specific site C. Company site D. General job site Please select the best answer from the choices provided.

📝 Answered - The main purpose of a cover letter is to: a. Get hired for a position b. Be called in for an interview c. Let your friends know how your job search is going d. Obtain references from your network

📝 Answered - Select the correct answer from the drop-down menu. Complete these sentences on estate planning. Estate planning is planning the distribution of your estate after your death, which includes who will receive your estate.

📝 Answered - The monetary worth of property, goods, or services to buyers and sellers is the common definition of: a. desirability b. value c. liquid assets d. all of the above.