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2 years ago

When filling out paperwork after you've been hired, you must have a:

2 answers:

lina2011 [118]2 years ago

8 0

i feel either c or d but d is probably wrong because they would have asked you that at the interview and c could be right because they need your social security for taxes so C

Triss [41]2 years ago

4 0

Answer:

c. social security number

Explanation:

apex

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At January 1, 2021, Café Med leased restaurant equipment from Crescent Corporation under a nine-year lease agreement. The lease

marusya05 [52]

Answer:

$11,750

$189,750

Explanation:

1: Calculation for the effect of the lease on Café Med's earnings for the first year

Based on the information given we were told that the lease agreement has annual payments of the amount $29,000 which means that Corporation will recognized a rental revenue of the amount $29,000 each year

Now let Compute for the depreciation to be charged on equipment using this formula

Annual depreciation = Cost of equipment / Useful life

Let plug in the formula

Annual depreciation= $207,000 / 12

Annual depreciation= $17,250

Second step is to Compute for Crescent Effect on earnings using this formula

Crescent Effect on earnings = Rental revenue - Depreciation expense

Let plug in the formula

Crescent Effect on earnings= $29,000 - $17,250

Crescent Effect on earnings= $11,750

2. Calculation for the balances in the balance sheet accounts

Using this formula

Equipment balance at the end of 2021 = Cost - Accumulated depreciation

Let plug in the formula

Equipment balance (net) at the end of 2021= $207, 000 - $17, 250

Equipment balance (net) at the end of 2021= $189,750

Deferred lease revenue will be the Rental amounts that was received in advance on 31. DEC.2021 for 2019 year = $29,000

5 0

2 years ago

For june, gold corp. estimated sales revenue at $600,000. it pays sales commissions that are 4% of sales. the sales manager’s sa

hjlf

In July, Goldcorp had sales of $540,000. Of this, the 4% sales commission= $21,600, the shipping expenses was 1% at $5400, and the manager's monthly salary was $23,750, plus miscellaneous expenses was $15,000. So I would say that the budgeted expenses would be $21,600+$5400+$23750= $50,750, assuming that miscellaneous expenses were not budgeted. Total expenses would be $65,750 if the $15,000 was included.

6 0

2 years ago

Gilligan Co.'s bonds currently sell for $1,150. They have a 6.75% annual coupon rate and a 15-year maturity, and are callable in

AlladinOne [14]

Answer:

(E) 4.81%

Explanation:

See the image below to get the explanation

4 0

2 years ago

Charger Company's most recent balance sheet reports total assets of $32,868,000, total liabilities of $19,668,000 and total equi

-Dominant- [34]

Answer:

1.49

Explanation:

The computation of the debt equity ratio is shown below:

Debt Equity Ratio is

= Total liabilities ÷ total equity

= $19,668,000 ÷ $13,200,000

= 1.49

By dividing the total liabilities from the total equity we can get the debt equity ratio and the same is to be considered plus it also shows a relationship between the total liabilities and total equity

4 0

2 years ago

Assume that Eric Duffy and Johnnie Gladwin operate a partnership. The partnership agreement states that the income and loss will

Veronika [31]

Answer:

Debit Income summary $90,000

Credit Duffy, capital $72,000

Credit Gladwin, capital $18,000

Explanation:

To close income summary account to partner’s capital, said account must be debited then credit partner’s account in the amount based on the agreed allocation ratio.

Computation of allocation: (based on beginning capital balances)

Duffy $80,000

Gladwin $20,000

——————————

Total $100,000

Duffy (80,000/100,000) x 90,000 = $72,000

Gladwin (20,000 x 100,000) x 90,000 = $18,000

JOURNAL ENTRY:

Debit income summary $90,000

Credit Duffy, capital $72,000

Credit Gladwin, capital $18,000

8 0

2 years ago