This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Your car loan is an example of a liability. Indicate whether the statement is true or ... (Read 18 times)

Yi-Chen

  • Hero Member
  • *****
  • Posts: 550
on: Jul 7, 2018
Your car loan is an example of a liability.
 
  Indicate whether the statement is true or false

Question 2

The telephone bill you pay each month would be considered a liability.
 
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

olivia_paige29

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jul 7, 2018
Answer to Question 1

TRUE

Answer to Question 2

FALSE


Yi-Chen

  • Member
  • Posts: 550
Reply 2 on: Jul 7, 2018
YES! Correct, THANKS for helping me on my review

bblaney

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

A true albino squirrel. Note the pink eyes. A true albino squirrel. Note the pink eyes.
A typical bank statement. A typical bank statement.
Example of Reconciling a Bank Statement Cont. Example of Reconciling a Bank Statement Cont.
Anterosuperior view of true pelvis (blue) Anterosuperior view of true pelvis (blue)
Nader makes semi-annual payments of $3000 to pay off his loan. Because of unemployment, he ... Nader makes semi-annual payments of $3000 to pay off his loan. Because of unemployment, he ...
Raman has a line of credit loan with the ICICI bank. The initial loan balance was $72000.00. ... Raman has a line of credit loan with the ICICI bank. The initial loan balance was $72000.00. ...
Video: Regulation of GFR: three methods, autoregulation & autoregulation via myogenic mechanism

For a complete list of videos, visit our video library