Depreciation charges are the attention to the Accumulated Depreciation account, which is a noncash equity sheet account. Depreciation is combined to that account in order to adjust net income for all of the charges in the noncash equity sheet account appeared in the period.
Answer:
Explanation:
Journalize the transactions. Refer to the Chart of Accounts for exact wording of account titles. Assume a 360-day year.
The solution to the above has been attached.
b. Journalize the adjusting entry for each of the following accrued expenses at the end of the current year (refer to the Chart of Accounts for exact wording of account titles):
The solution to the question has been attached.
It should be noted that:
March 11: Interest Expense was calculated as:
= ($240,000 × 30/360 × 4%)
= $240,000 × 0.0833 × 0.04
= 800
Check the attached file
Answer: $125,800
Explanation:
Telly would receive the full amount from the Blue Mutual Fund because he is transferring from one IRA to another.
Taxpayers are allowed to transfer or perform a distribution rollover once a year and this is what he is taking advantage of. No amount will be withheld as well should this be the case.
<span>The department consists of 9 members but they must select a department head, an assistant department head, and a faculty senate representative. So they are 3 positions to be occupied by 9 people. It can be done in nPr = n! / (n - r)! ways.
So 9C3 ways. 9! / (9-3)! = 9! / 6! = 504 ways</span>
Answer:
C. Businesses create goods for product markets to sell.
Explanation:
