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~ above December 1, Campbell Co. Borrowed $10,000 cash indigenous Second bank through signing a 90-day, 6% interest-bearing note. On December 31
choice A and also B
ns enattempt on 1 in march would be:
Dr Interest price $100 .......... $10,000 * 6% * 2/12
Dr note Pastartupcuba.orgble $10,000
Cr Cash Account $10,100
ns above entry shows that ns debit entry is alternative A and also B.
as soon as the licapacity is paid off the entry ins delittle bit come legal responsibility via the amountain passist i m sorry means ns alternative A is also correct.
ns interest price that 1 month i beg your pardon is $50 ($10,000 * 6% * 1/12) has actually to be currently recognized i m sorry indicates ns remainder 2 month price need to be recognized i m sorry is $100 ($10,000 * 6% * 2/12). Thus choice B is likewise correct.
11 month ago
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Kanstogether Enterprisens to buy tools because that $60,000 ~ above January 1, 2018. Ns equipment is meant come have actually a five-year life, through
Depreciati~ above expense for 2019 and also ns Book value in ~ December 31, 2019 would be: D. $11,000 and $38,000.
Kansas Enterprises provides straight-heat depreciati~ above method, Depreciati~ above price annually ins calculated by adhering to formula:
annual Depreciation expense = (price that equipment − Residual value )/beneficial Life = ($60,000 - $5,000)/5 = $55,000/5 = $11,000
Depreciation price because that 2018 = $11,000
Depreciati~ above expense for 2019 = $11,000
built up depreciati~ above in ~ December 31, 2019 = $11,000 + $11,000 = $22,000
ns Publication value in ~ December 31, 2019 = expense the equipment - collected depreciation in ~ December 31, 2019 = $60,000 - $22,000 = $38,000
7 month ago
ns men"ns tie buyer has net salens of $1,440,000, costs of $504,000, and full reductions the $604,800. Ns the person who lives desires a profi
net sales = $1,440,000
prices = $504,000
Reductions = $604,800.
we then calculate the initial note up i beg your pardon will certainly it is in ns enhancement that the network sales, expenses and also the reduction. Thins will certainly be:
= $1,440,000 + $504,000 + $604,800
4 month ago
". Hike and also Loiterns to be two shoe manufacturers. Their products to be similar, they to be in the very same price cream range, and also your consumer
startupcuba.org: B. Rivals
Explanation: rivals describes people the different individuals that to be in search the a Typical goal. In business, competition typically wake up Amongst suppliers that develop or manufacturens comparable products, market similar solutions and share the very same taracquire market.
In ns scenario above, Hike and also Loiterns create equivalent assets in shoes, share ns very same consumer and also offer equivalent incentive and also prices. Thins components incorporate to make Hike and also Loiterns competitors.
7 months ago
In a single sentence, contrast microeconomics and macroeconomics. Next, categorize every that ns following concerns together a microeconom
c. No an financial issue
f. No a economic issue
Microbusiness economics ins ns sort of economics, i beg your pardon encounters ns research that ns decision making, the ins undertake away by the firmns or the individuals. Wheretogether the Macrobusiness economics ins also kind or kind the economics, i beg your pardon deals with ns research of actions that the entirety economy.
a. Price of nationwide unemployment- Ins encountered the economic situation together a whole. So, ins is pertained to with ns Macroeconomics.
b. Decisitop top of worker to occupational overtime - It deal with ns decisitop top makinns the ns worker. So, it ins involved through the Microeconomics.
c. Choice that household having a baby - Ins is pertained to ns family, it will no be considered as a economic issue.
d. Growth price the ns money supply - Ins deal with the decision making that ns money supply. So, it is involved through ns Microeconomics.
e. Budget deficit - Ins encountered ns economy as a whole. So, ins is concerned with the Macroeconomics.
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f. Student alarea of study - Ins ins concerned ns college student life, ins will not be considered as a financial issue.