Answer:
$555,000
Explanation:
Calculation for the amount that will be reported for consolidated cash after the acquisition is completed
Cash at Kirkwood Inc $475,000
(900-400-15-10)
Add Cash at Soufflot Company $80,000
Consolidated cash after acquisition is completed $555,000
Therefore the amount that will be reported for consolidated cash after the acquisition is completed will be $555,000
Answer:Jalen journal $
Date
Jan 1 ,2021
Land Dr. 860,887
Note payable Cr. 860,887
Narration. Issuance of note of above amount payable in four installment for purchase of land.
June 30,2021
Note payable Dr 215,221.64
Cash Cr. 215,221.64
Narration. Payment of first installment on land purchase.
December 31,2021
Note payableDr 215,221.64
Cash.Cr. 215,221.64
Narration. Payment of second installment on land purchase.
2. Balance on note payable as at December 31, 2021 $400,000
Balance on Interest expenses $30,443.28
Explanation:
The land account is debited to recognized it's purchase and a credit is made to the notes payable account to recognise the credit.
The total installment is debited for payment made in the first and second period.
The balance on the note payable represents the two outstanding principal payment of the $800,000 and the interest expenses represents the excess over the principal sum.
It depends on the contract. But it's mostly what seller do ...
Answer:
The answer is option A, There is more credit risk when the yield curve is upward sloping than when it is downward sloping
Explanation:
Solution
In an interest swap rate, when we receive floating, and pay fixed, in upward sloping yield curve, we are going to receive increase of cash flows and therefore going to pay fixed and so, the counterpart will be at a loss in slopping upward yield curve, and hence, we will have a credit risk that will be greater.
<u>Answer:</u> $1295.02
<u>Explanation:</u>
Check register is a book which shows the list of transactions that has taken place using the checking account. Individuals can have a record of these transactions and they can update them when transactions take place. Withdrawals and deposits to the account can be recorded also the transactions which have not yet hit the account can also be recorded.
Check register shows the balance amount that is available in the account and which can be spent by the individual. Aliyah's account has a balance of $1342.95 after her payment of $47.93 she will have a balance of $1295.02.
