at the end of 31 december, Shein traders made a payement of N$50 000 for insurance for the month of january 2021, at the end of 31 december 2020 this transaction should be treated as ? site

Answers

Answer 1

Answer:

A prepayment

Explanation:

A prepayment refers to a payment by a business as an advance payment for goods or services to be received later in the future. A prepayment is also known as a payment in advance.

A prepayment is recorded an asset under the current assets in the balance sheet.

Since the $50,000 payment is made by Shein traders for insurance for the month of january 2021, at the end of 31 december 2020 this transaction should be treated as a prepayment and included under the current assets in the balance sheet.


Related Questions

Which percentage of the Middle Atlantic people work in manufacturing?

Answers

Answer:

66 percent

Explanation:

The percentage of the Middle Atlantic people work in the manufacturing sector. This sector accounts for an increase in Gross Domestic Product and earnings of a country due to the products being used and also exported to other countries.

This sector provides a majority of the jobs in a country too.

What problems did Haiti experience after this earthquake? (Site 1)

Answers

Answer:

The 2010 earthquake only made it worse. It left rich and poor alike without food, water, or supplies. Estimates were that 25 percent of civil servants who worked in the capital city were killed. Plus the country was still recovering from two tropical storms and two hurricanes that hit in 2008. After the Haitian people dug themselves out of the rubble and counted the dead, they realized their entire country was forever changed. The very landscape itself was a state of destruction caused by repeated natural disasters. In the economic turmoil that followed, many Haitians were forced to flee their homeland to find work.

Explanation:

It only became worse after the earthquake in 2010. That left everyone without access to food, water, or supplies. According to estimates, 25% of government employees in the capital city were slain.

What was the earthquake of Haiti?

Haiti earthquake of 2010, a significant quake that struck the nations of Haiti and the Dominican Republic on the West Indian island of Hispaniola on January 12, 2010. Haiti, which is located in the western portion of the island, was most badly impacted. In the subsequent turmoil, an accurate death toll proved difficult to come by.

Meanwhile, the nation was still recuperating from the two hurricanes and two tropical storms that struck in 2008. The Haitian people discovered their entire nation had been permanently altered after they dragged themselves out of the rubble and tallied the dead. Several natural calamities had left the landscape itself in a condition of ruin. Many Haitians were forced to leave their country as a result of the ensuing economic unrest in order to find employment.

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How many people in Australia

Answers

Answer:

The population of Australia is 2 crore 54 lacs.

Answer:

As at of 2018 , Australia's population is

24.99 million (2018)

Australia's population is about 25.5 million as of 2020 and is projected to grow to 42.68 million people by 2099.

if a change in price causes a relatively small change in the quantity demanded then the demand is
А. elastic
B shifted
Cinelastic
D. controlled
Please select the best answer from the choices provided

Answers

Answer:

C

inelastic

Explanation:

The correct answer would be C

6th grade social studies help :D....

Answers

Answer:

toothpaste

greeks who used irrigation

Explanation:

In discussing the elections for governor in his state, Jeremy explained that a runoff had been scheduled because, according to the election commission, Rivera had won 45.42% of the vote, Li had won 30.23% of the vote, and Johnson had won 23.87% of the vote, with the remainder of the vote undecided. What is a tip in using statistics that Jeremy failed to follow?

Answers

Answer:

That Rivera has won about 46% of the vote.

Explanation:

According to the statistics released on the election. It can be deduced that, Rivera has almost won the election based on the percentage he has in the number of voters that had voted.

This is the main thing that Jeremy failed to follow.

What are the possible economic effects of Coronavirus on the world economy? (Answer must be at least five sentences)

Answers

Answer:

Many people are going to be affected because of the coronavirus. This had been a time were people have lost many jobs and don't have the money to support their families. Also many stores are closed and they aren't able to sell their goods, which is many big stores lose lots of money. The government is also losing money because of all the checks they have given to people.

Explanation:

The following characteristics describe which climate region?
i. It is located at low latitudes.
ii. It is located near the Equator.
iii. Annual temperatures around 80º F.
iv. It receives over 100 inches of precipitation a year.

Answers

Since, the options are not given the question is incomplete. The complete question is as follows.:

The following characteristics describe which climate region?

i. It is located at low latitudes.

ii. It is located near the Equator.

iii. Annual temperatures around 80º F.

iv. It receives over 100 inches of precipitation a year.

A.

tropical wet

B.

Mediterranean

C.

humid subtropical

D.

marine west coast

Answer: A.  tropical wet

Explanation:

Tropical wet climate is a climatic condition that is located at low latitudes. It receives a regular rainfall of 100 inches annually. The temperature stays the same throughout the year. The temperature range is more than or equal to 80º F. The temperature is hot because of the humidity and evaporation of rainwater. This temperature range is located in the regions near the Equator.

Answer:

a tropical wet

Explanation:

took test

The hackers so called Anonymous have released files showing that Donald J. Trump was part of the action that Jefrey Epstein went to jail for. (I also heard that the files show Trump was a Child Rapest) Is this true?

Answers

Answer:

It is unknown if Trump was part of the action that Jeffery Epstein did, and it's unlikely that Trump will ever confirm or deny that he was involved with him. Hopefully this has helped answer your question.

In New York City, it might be a dress shoe. In Texas, it could be a cowboy boot. In Florida, it might be a sandal. In Montana, it could be a hiking boot. Each of these is a(n) ______ of the shoe category for the culture of that city.

A. schema
B. exemplar
C. representation
D. prototype

Answers

Answer:

The answer is D. prototype hopefully this helps!

Each of these is a prototype of the shoe category for the culture of that city. Thus, option (D) is correct.

What is the meaning of culture?

The activities and beliefs that have been followed by the inhabitants of a given place for a long time are referred to as cultural practices. It stands for a society that adheres to social norms and members of an organization who hold the same values and ideas.

Human interaction with one another results in the sharing of culture, which is ultimately passed down from generation to generation. People have a tendency to forget things and stop adhering to the traditional culture that was once practiced.

It might be a dress shoe in New York. It can be a cowboy footwear in Texas. It may be a sandal if you're in Florida. It can be a hiking boot in Montana. Each of these serves as a model for the shoe category in that city's culture. Therefore, it can be concluded that option (D) is correct.

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please hurry............
the grand canyon is a :
A. landform
B. ocean
C. volcano

Answers

Answer:

a

Explanation:

its def not a volcano or ocean

The right answer is A.

Rank the achievements from 1 (most significant) to 6 (least significant): Aztec Chinampas · Aztec Causeways · Incan Suspension Bridges · Incan Terraces · Mayan Calendar · Mayan Step-Pyramids

Answers

Answer:

The order of significance for the achievements is:

Mayan Calendar

Aztec Chinampas

Incan Terraces

Incan Suspension Bridges

Aztec Causeways

Mayan Step-Pyramids

Explanation:

The reason behind this order is the influence on the development of each culture. First, the Mayan calendar required high mathematical thinking as the pyramids. But the Mayan calendar had so much impact on their culture, lifestyle, and the development of their culture that it impacted them from religion to farming. Also, the Aztec chinampas as the Incan terraces allowed these cultures to develop and achieve their greatness because they satisfied a basic need. Unlike the bridges, causeways, and step-pyramids, that might have a visual, and architectonical impact but were not necessary to the cultural development.

how technological developments have informally changed the Constitution up until now

Answers

Answer:

Technological developments have had a big impact on the changes made in the constitution. Because technology can now reach mass audiences quickly, media can politically influence more people. Hopefully this helps!

How did the tradition of trick or treating start?

Answers

Answer:

It originated from a ritual that involved people dressing up as ghosts,demons and monsters. They would dance around a bonfire. They also received treats.

Explanation:

It was basically a pagan ritual.

Hope it helps

Answer:

The practice can be traced to the ancient Celts, early Roman Catholics and 17th-century British politics. Trick-or-treating—setting off on Halloween night in costume and ringing doorbells to demand treats—has been a tradition in the United States and other countries for more than a century.

Explanation:

Relationship between agriculture, trade and industry ​

Answers

Answer:Industries and agriculture are interdependent ( they depend upon each other.) The source of raw materials for industries comes from agriculture. For example: sugarcane for sugar industry, animal skin for leather industry, etc. Dairy industries also require raw materials that come from agriculture.

Most of the raw materials are needed for industries are produced from agriculture sectors. Likewise,many goods that we export to foreign countries are produced from agricultural products and country earns foreign currencies from these exports

.Agriculture tools like spade, plough, etc are produced in the  industries. Increased production in agriculture is made possible by   the use of these tools. Other items including chemical fertilizers and insecticides are made available by industries. We can have increased agriculture production through appropriate use of   agriculture tools, chemical fertilizers and insecticides.

Similarly, generator needed for irrigation is produced and supplied by industry.

Explanation:

What is single member executive system​ and it merits and demerits

Answers

Answer:

A single member executive involves voting in an office holder to a body or organization with many members. The winner of the election takes all and it is also called a single winner voting.

The advantage of this system is that the representative and constituents are more bonded and it also increases accountability.

The disadvantage is that it only supports the popular people and there is also very limited positions to fill.

Discuss five ways which the falling of moral standards can be minimise among Ghanaian youth

Answers

Answer: Civic Education


Explanation: Civic education can help Ghanaian youth .. civic education simply means all the processes that affect people's beliefs, commitment, capability and action.. that means civic education can help the Ghanaian youth a lot

Has anyone read all of these passages??
- LAURA’S KEY
- SWEET, DIFFICULT SOUNDS
- MICHAEL JORDAN: A PROFILE IN FAILURE
- MOTHER TO SON

Answers

I’ve read Laura’s key

Why did the Florida Legislature cut property taxes in 2007?

Answers

Answer:

The state was low on money so they collected more taxes.

Explanation:

Why did many African countries struggle after their
independence?

Answers

African countries struggled after their independence because they were usually owned by empires, and then when the empires left them, the poverty and violence rised.

Describe Women's roles in society

Answers

Answer: Women are the primary caretakers of children and elders in every country of the world. International studies demonstrate that when the economy and political organization of the society change, women take the lead in helping the family just new realities and challenges.

Explanation:

Women are the primary caretakers of children and elders in every country of the world. International studies demonstrate that when the economy and political organization of a society change, women take the lead in helping the family

There is a good deal of concern these days about whether eating fast food is morally wrong because it contributes to the unnecessary suffering of nonhuman animals. But most fast food is really tasty. Just think of those juicy McDonald's hamburgers dripping with melted cheese, and the wonderful golden fries. And the crispy Chicken McNuggets, the creamy shakes, and the Egg McMuffins. How could anyone complain about today's fast food

Answers

Answer: Fast food eaters are likely to live shorter lives due to the amount of sodium, and GMO products served upon fast food restaurants. Though, it has been proven that McDonalds and fast food is just as addictive as cocaine or more addictive. Think about it, how long could you go without nagging or whining for a juicy burger with a slice of american cheese, lettuce, and tomato. You may think that the american cheese is healthy since it is a dairy product, but no, it has been processed overly. It has been proven that GMO's cause cancer by an experiment done on rats. The rats who had GMO's as more than 20% of their diet contracted cancer, and had deceased.

Hope I helped you out :)

-Carrie

Argo is explaining coral feeding patterns to his daughter, specifically zooxanthellae interdependence. Which point should he explain to his daughter?
A. that corals feed on zooxanthellae

B. that zooxanthellae feed on corals

C. that zooxanthellae provide food to the corals via photosynthesis

D. that corals carry out photosynthesis to provide food to zooxanthellae

Answers

Answer:

The answer is C I know it I did the worksheet

Explanation:

What are payroll taxes levied on?

Answers

Answer:Wages and self-employment

Explanation:

The federal government levies payroll taxes on wages and self-employment income and uses the revenue to fund Social Security, Medicare, and other social insurance programs. Payroll taxes have become an increasingly important part of the federal budget over time, as the chart below shows.

Payroll taxes are levied by the federal government on salaries and self-employment income, and the money collected is used to pay for Social Security, Medicare, and other social insurance programs. Over time, payroll taxes have grown in importance as a component of the federal budget.

The taxes that both employees and employers pay on salaries, wages, and tips are referred to as payroll taxes. Employers deduct taxes from employee paychecks and send the money to the government.

In addition to the employee's portion of Social Security and Medicare taxes (FICA), these taxes also include federal, state, and local income taxes. Employers are required to pay their FICA contribution as well as federal and state unemployment taxes.

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What’s the term when you let customers pay on a monthly basis along with interest until the product is paid off

Answers

Answer:

EMI

Explanation:

It is called EMI or equated monthly installments . It is a fixed payment amount made by a borrower to a lender at a spefied date each calendar month. EMI  let let customers pay on a monthly basis along with interest until the product is paid off.

What is a stigma, and how does it hurt people with mental illness?

Answers

Answer:

A stigma means when someone see's you in a type of negative way because of your mental illness.Basically, it changes their thought of you.It's also known as Discrimination due to your mental illness.

Explanation:

Funny thing is I had a vce psychology test on this subject of mental health but anyways stigma is a mark of disgrace it’s something that sets someone a part from others. Basically stigma happens when a person defines by their illness rather than who they are as an individual. Also stigma can hurt someone by their self esteem lowering and them not wanting to get treatment, withdraw from society.

Relationship between agriculture, trade and industry ​

Answers

Answer:

Industries and agriculture are interdependent ( they depend upon each other.) The source of raw materials for industries comes from agriculture. For example: sugarcane for sugar industry, animal skin for leather industry, etc. Dairy industries also require raw materials that come from agriculture.Most of the raw materials are needed for industries are produced from agriculture sectors. Likewise,many goods that we export to foreign countries are produced from agricultural products and country earns foreign currencies from these exports.Agriculture tools like spade, plough, etc are produced in the  industries. Increased production in agriculture is made possible by   the use of these tools. Other items including chemical fertilizers and insecticides are made available by industries. We can have increased agriculture production through appropriate use of   agriculture tools, chemical fertilizers and insecticides. Similarly, generator needed for irrigation is produced and supplied by industry.

Explanation:

Agriculture, trade, and industry are intertwined and interdependent on each other.

How agriculture, trade, and industry ​are related?

Agriculture and industry are intertwined.  Agriculture is the supplier of materials for industries. For Example-Sugarcane for the sugar business, animal skin for the leather industry, and so on.

Agriculture produces the majority of the raw materials required by industries. Similarly, many commodities we sell outside are made from agricultural products, and these exports help to gain foreign currency

Agriculture tools such as spades, plows, and other implements are manufactured in the industries. The employment of these instruments allows for increased agricultural productivity. For example, Chemical fertilizers and insecticides, are made available by industry.

Therefore the above statement briefly explains the agriculture, trade, and industry ​relationship.

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What gases existed in early Earth’s atmosphere that still exist today?

Answers

Answer:

See below

Explanation:

It is thought that during the first billion years of the earth's history there was intense volcanic activity. Mostly carbon dioxide and little to no oxygen is available at the early atmosphere. Water vapour, nitrogen and methane were lower in comparison.

Hope this helps.

Discuss any five ways by which the falling moral standard of Ghanaian youth can be minimised

Answers

Answer:

1. Encourage them and learn the value from residence: families have an immense duty to rationalize those characteristics in their kids so that "once they reach adulthood they won't leave."

2. Displaying them great examples, and gratifying virtues: Teaching is one possible option. Social system, too, should promote qualities and just not addictions. Virtuous acts must be encouraged, while vices should be prevented, and disciplined when appropriate.

3. Strong school governance: Many young people learn from but in school when engaging with educators, class mates as well as others. Many schools tend to manipulate their children to make them pursue illegal activities. 

4. Meritocracy enthronement in culture: Every culture that wants to reward bad performance ultimately digs its grave. National governments should make sure quality and competence are rewarded.

5. Individuals must realize God, and civilization must. God's presence isn't based on someone's faith. God reveals that even a higher power is responsible for the earthly affairs of people. God reveals the life of a man has a meaning, and it does not stop on planet.

Explain effect of climate change?

Answers

Answer:

Well...

Explanation:

Lots of animal species will die out such as polar bears due to their homes (ice caps) melting. Flooding will become a lot more common because the melted ice caps will make the water level rise. Finally, there will be more extreme weather such as heatwaves.

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