South company purchased north company. south company paid $550,000 cash and assumed all of north company’s liabilities. on the date of purchase, north’s books showed tangible assets of $500,000, liabilities of $20,000, and equity of $480,000. an appraiser assessed the fair market value of the tangible assets at $530,000 on the acquisition date. which of the following journal entries would be required to record the purchase of north company on south company’s books?

Resources and capabilities, such as interpersonal relations among managers and a firm's culture, that may be costly to imitate because they are beyond the ability of firms to systematically manage and influence are referred to asanswers: socially complex.causally ambiguous.path dependent.the result of unique historical conditions.

Which of the following statements is true regarding the definition of a fund? a fund is a fiscal entity which is designed to provide reporting that demonstrates conformance with finance-related legal and contractual provisions separately from gaap reporting. a fund exists to assist in carrying on activities and attaining objectives where there are no specific rules or restrictions. a fund is an accounting entity which is designed to enable reporting in conformity with gaap without being restricted by legal or contractual provisions. a fund is a mechanism developed to provide accounting for revenues and expenditures that are subject to certain restrictions separate from revenues and expenditures that are not subject to restrictions.

True or false entrepreneurs try to meet the needs of the marketplace by supplying a service or product