$ 552 Rounded
UOP Method
Depreciation rate =( Cost - Salvage Value ) / Units
= ( 15,000-3000) / 64,000 = 0.1875 Per unit
Depreciation for the year = 2,943*0.1875 = 551.8125 = 552 ( Rounded )
What is the Depreciation Rate?The depreciation rate is the proportion at which an asset depreciates during its anticipated useful life. It may also be described as the portion of an organization's long-term investment in an asset that the organization claims as a tax-deductible expense over the course of the asset's useful life. For each class of assets, it differs.
The straight-line approach of depreciation is the most used. The formula is used to determine this rate:
Depreciation Rate per year: 1/useful life of the asset
Depreciation Value per year = (Cost of Asset – Salvage value of Asset)/ Depreciation Rate per Year
Asset price: It is the asset's initial book value. It includes any taxes or shipping costs that were paid for the asset.
The asset's useful life is: The amount of time an asset can be used effectively is referred to as its useful life. The asset is assessed to be cost-ineffective after its useful life or unfit for use. The useful life of a few assets, including computers, real estate, and other items, is determined by the relevant revenue authority. Computers, for instance, lose value over five years whereas cars lose value over eight.
Salvage Value: The price at which a corporation may sell an asset after it has reached the end of its useful life. It also goes by the name "junk value"
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an insurer who issues individual or group life, annuity, or disability policies to a physically or mentally impaired person:
an insurer who issues individual or group life, annuity, or disability policies to a physically or mentally impaired person may not refuse to insure, continue to insure, limit the amount or kind of coverage available, or charge a higher premium except where the refusal, limitation, or rate differential is based on sound actuarial principles or is related to actual and reasonably anticipated experience.
Who is as insurer?In an insurance agreement, the party making the compensation promise is the insurer. The entity that underwrites the insured risk is known as the insurer, and it is typically an insurance provider.
A person or organisation whose life, health, or property is covered by an insurance policy is referred to as the insured. The insurer is obligated to pay the insurance policy's proceeds as a result of the insured's loss.
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understanding the relationship between consumer motives and involvement with professional sport teams
Which four higher order aspects of participation are there?
Risk, attraction, self-expression, and lifestyle centrality. Following a multivariate analysis of variance (MANOVA), post hoc comparisons showed that a person's involvement profile score may be used to identify significant variations in prior attendance behavior. The findings have significant ramifications for using the TSI model to better understand sport consumers among managers. The TSI model's use and its implications for improving managers' comprehension of sport customers are covered.To learn more about Team sports, visit:
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choices tend to be more holistic than emotional choices, using summary impressions rather than specific attributes to evaluate the options and affect even important purchases such as a car or house.
Attitude-based choices tend to be more holistic than emotional choices. Hence, Option A is correct.
What are emotional choices?Any individual makes various choices based on their needs and requirements, and it is dependent on the type of choice they make when it comes to meeting emotional needs.
It is a type of theory in which, the emotions that one carries are not only based on social interaction but also on corporal experience, which is also tied to the autonomic nervous system.
Using summary impressions rather than specific attributes to evaluate the options and affect even important purchases such as a car or house.
Therefore, option A is correct.
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The complete question is attached in text form:
________ choices tend to be more holistic than emotional choices, using summary impressions rather than specific attributes to evaluate the options and affect even important purchases such as a car or house.
Select one:
a. Attitude-based
b. State-of-mind
c. Rational
d. Balanced
e. Weighted
What disadvantages are there to being a sole trader in contrast to a partnership?
Answer:
Disadvantages of sole trading include that:
you have unlimited liability for debts as there's no legal distinction between private and business assets.
your capacity to raise capital is limited.
all the responsibility for making day-to-day business decisions is yours.
retaining high-calibre employees can be difficult.
juanita makes $18 an hour at work. she has to take time off work to purchase her skirt, so each hour away from work costs her $18 in lost income. assume that returning to work takes juanita the same amount of time as getting to a store and that it takes her 30 minutes to shop. as you answer the following questions, ignore the cost of gasoline and depreciation of her car when traveling.
1. Completing the following table by computing the opportunity cost of Juanita's time and the total cost of shopping at each location is as follows:
Opportunity and Total Cost Table:Opportunity Cost Price of a Dress Total Cost
Store of Time (Dollars) (Dollars per dress) (Dollars)
Local Department Store $18 (1 x $18) $102 $111
Across Town $27 (1.5 x $18) $88 $115
Neighboring City $45 ($2.5 x $18) $63 $108
2. Assuming that Juanita takes opportunity costs and the price of the dress into consideration when she shops. Juanita will minimize the cost of the dress if she buys it from Neighboring City.
Data and Calculations:Opportunity Cost Price of a Dress Total Cost
Store of Time (Dollars) (Dollars per dress) (Dollars)
Local Department Store $18 (1 x $18) $102 $111
Across Town $27 (1.5 x $18) $88 $115
Neighboring City $45 ($2.5 x $18) $63 $108
Total time for Department Store = 1 hour (30 + 30 minutes)
Total time for Across Town = 1.5 hours (60 + 30 minutes)
Total time for Neighboring City = 2.5 hours (120 + 30 minutes)
Thus, Juanita's opportunity costs refer to the lost earnings at work to purchase her skirt.
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Question Completion:Store Travel Time Each way Price per Dress
Local Store 15 minutes $102
Across Town 30 minutes $88
Neighboring City 60 minuites $63
Juanita is deciding whether to buy a dress that she wants, as well as where to buy it. Three stores carry the same dress but it is more convenient for Juanita to get to some stores than others.
1. Complete the following table by computing the opportunity cost of Juanita's time and the total cost of shopping at each location.
Assume that Juanita takes opportunity costs and the price of the dress into consideration when she shops. Juanita will minimize the cost of the dress if she buys it from
the board of directors of kate's company recently hired an independent firm to review the state of the organization's security controls and certify those results to the board. what term best describes this engagement?
Audit best describes this Engagement
A physical inventory check is followed by an auditor's review or inspection of various books of accounts to ensure that all departments are using the same documented procedure of documenting transactions. It's done to make sure the organization's financial accounts are accurate.What does an audit have as its goal?The goal of an audit is to make a conclusion regarding the financial statements' fairness and conformance to relevant accounting rules.Payrolls, management accounts, bank statements, invoices, and receipts are a few examples of auditing proof..Good auditing evidence must be ample, trustworthy, supplied from the right source, and pertinent to the audit at hand.To Learn more Audit, Click the links.
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the opportunity cost of going to a movie is: the money spent on the ticket only. all of the other movies that could have been seen instead. the time spent in the theater only. the next best use of the time and the money spent.
the opportunity cost of going to a movie is: the total cash expenditure needed to go to the movie plus the value of your time.
What you forgo in order to get a thing is its opportunity cost. In this situation, the opportunity cost of attending a movie comprises both the overall cost of admission and the value of the time you forwent to see the film.
What is an example of opportunity cost?Opportunity costs give decisions that appear simple context. Think about the price of graduate school. By adding up the price of tuition, board, books, and other educational expenses over the necessary number of years at your top-choice university, you might theoretically calculate this cost. Let's zoom in though. What other options are there? First of all, you shouldn't even think about paying for room and board because you'll need to do so regardless of whether you go graduate school (unless you're moving back into your mother's basement). Additionally, by choosing to go graduate school, you forgo the money you would have earned had you chosen to start working after receiving your bachelor's degree.
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When amazon says, "we want to be earth’s most customer-centric company," it is stating its code of ethics. True or false?.
False is the correct answer
A code of ethics is a set of guiding principles intended to help professionals conduct themselves in the workplace honestly and morally. An organization's goal and basic values, the professional standards to which they are held, the way in which professionals should handle challenges, and other topics may all be included in a code of ethics statement. A code of ethics is a collection of values and guidelines that people and organizations use to guide their decision-making and to discern between right and wrong. They give a basic understanding of a company's or organization's ethical standards. A code of ethics is crucial because it outlines behavior expectations in detail and establishes the foundation for preventative measures.
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how does relocating to where specific types of human capital are more valued affect how much you can earn?
From a macroeconomic standpoint, the development of human capital boosts labor productivity and encourages technological advancements.
How does higher human capital benefit a country?An economy can develop thanks to its human capital. Increases in human capital in fields like research, education, and management result in improvements in participation rates, social well-being, and productivity, all of which support economic growth.
The expansion of people's knowledge and skills can contribute to economic development and have an impact on economic growth. The amount of skilled labor required depends on the rate of economic growth spurred by consumer spending and company investment.
It Raises returns on investment and makes growth more sustainable, all of which contribute to the fight against poverty.
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HELP ASAP
Why is it a good idea to shop around before purchasing an auto insurance policy?
A. Not all companies offer the same types of coverage.
B. Many companies make misleading claims about the coverage they provide.
C. There are dozens of companies to choose from and the rates charged vary widely.
D. It helps people secure an auto insurance policy for the next 5 to 10 years.
buying and selling of long-term assets such as land and equipment would be included in the (operating/investing/financing) activities section of the statement of cash flows.
The (operating/investing/financing) operations portion of the statement of cash flows would cover the purchase and sale of long-term assets like land and equipment. Investing
You can choose from four basic asset classes, or investment kinds, each of which has unique features, risks, and advantages.
Investing in growth ,Shares., Property.
defense-oriented investments, Cash.
variable interest.
How Does Investing Work?
Putting money to work for a while in a project or endeavor with the goal of generating a profit is what is generally meant by the term "investing" (i.e., profits that exceed the amount of the initial investment). It is the act of distributing assets, typically capital (i.e., money), with the hope of producing income, profits, or gains.
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involves trying various models and selecting the best one based on its ability to explain the variability in the existing data.
Variability describes how far apart records factors lie from every other and from the center of a distribution. On the side of measures of valuable tendency, measures of variability give you descriptive statistics that summarize your statistics. Variability is also referred to as spread, scatter, or dispersion.
Variability in a fixed of facts relates to how unfold out or how close together the values are (the distribution of values). despite the fact that variability can stand up for numerous motives, the questions of hobby, and the mathematical strategies used to answer them, are comparable. those questions are: How huge is an average fee?
A simple measure of variability is the variety, the difference between the highest and lowest rankings in a set. For the example given above, the variety of Drug A is 40 (one hundred-60) and Drug B is 10 (eighty-five-seventy-five.
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net operating income ÷ average operating assets = multiple choice question. margin turnover residual income return on investment
The correct option is (d). Net operating income ÷ average operating assets = return on investment.
A ratio between net income and investment is known as return on investment or return on costs. A high ROI indicates that the returns on the investment outweigh the costs. ROI is used as a performance metric to assess an investment's effectiveness or to compare the effectiveness of multiple distinct investments.
The net profit (or loss) from an investment is divided by the investment's cost to calculate the return on investment. The fact that it is expressed as a percentage allows you to contrast the efficiency or profitability of various investment options.
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explain to the chairman of the board three properties of future cash flows that would likely help increase computron’s value.
organization's should monitor and analyze three different types of cash flow: cash flow from operating operations, cash flow from investing activities, and cash flow from financing activities.
What is cash flow?
Cash flow refers to the net change in cash and cash equivalents coming into and leaving a business. Inflows and outflows are represented by money received and spent, accordingly. Fundamentally, a company's ability to maximise long-term free cash flow and generate positive cash flows defines its capability to add value for shareholders (CFC). FCF is the cash that remains from a company's ordinary business operations after any capital expenditures have been paid for.
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?
Sophia pushes a shopping cart of mass 5 kilograms with a force of 12
newtons across the floor of a grocery store. The floor exerts a frictional force
of 7 newtons. What are the net force and acceleration of the cart?
net force 19 newtons
acceleration = 3.8 meters/second²
Onet force = 5 newtons
acceleration 1 meter/second²
=
Onet force = -5 newtons
acceleration = -1 meter/second²
Onet force = -5 newtons
acceleration
1 meter/second²
The Net force acting on the cart is 5 Newtons and acceleration of the cart is 1 m/s². Thus, the correct option is option B.
Sophia is pushing the cart of mass 5 kg with a force of 12 N and the frictional force acting on it is of 7 N. The Frictional force may be defined as the force acting on the body which opposes the motion of the body in a particular direction. The frictional force always acts in opposite direction to the applied force.
Here, force applied = 12 N
Frictional force = -7N
Net force acting on the body = Applied force + Frictional force
Net force = 12N - 7 N
Net force = 5N
Now, the Net force acting on the body is given by
F = ma; where F is the net force, m is the mass of cart and a is the acceleration.
F = ma
5N = 5kg×a
5kg m/s² = 5kg×a (∵1N = 1kg m/s²)
a = (5kg m/s²)/5 kg
=>a = 1 m/s²
Thus, the Net force and acceleration of the cart are 5N and 1 m/s² respectively.
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XI Justify if the Bhutanese currency (Ngultrum) good money. notes passes the characteristics of good money??
Characteristics of good money
Acceptability, Cognoscibility, Stability of value, Durability, Portability,
Uniformity of values, Divisibility.
Bhutanese currency is a good money because it has all these characteristics.
A characteristic is a quality that sets a person or object apart. Characteristics are what set something apart from other things. You can prefer to think of traits as the things that set a person or object apart from others. One trait of the chameleon, for instance, is its capacity for camouflage. Average values, or an abstract average cycle of the pure circle form, relate to the general characteristics. To identify unknown chemicals, scientists employ distinctive features. In contrast, discriminating between two or more compounds rather than a single substance is where distinctive features are most helpful. There are three formational criteria or features that must be true for a primary group to exist.
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1. Investors take a risk for the potential of receiving which of the following:
a. Prize
b. Recognitio
c. Bonus
d. Return
Investors take a risk for the potential of receiving d. Return of the following.
An investor is a person who allocates financial capital with the expectancy of a future go back or to benefit a bonus. through this allocated capital most of the time the investor purchases some species of belongings. Investment is the determination of an asset to reap an increase in fee over a time period. funding calls for a sacrifice of a few gift asset, along with time, money, or attempt. In finance, the reason of making an investment is to generate a return from the invested asset. An investment is a economic asset sold with the idea that the asset will offer profits further or will later be sold at a higher cost fee for a income. Investment is elucidated and described as an addition to the stockpile of physical capital including: machinery. homes.
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what is the primary purpose of the georgia fair business practices act? select one: a. to prohibit discrimination in real estate and other businesses b. to prohibit activities in restraint of fair trade c. to prohibit deceptive advertising d. to require more professional licensing standards
The primary purpose of the Georgia fair business practices act is to prohibit deceptive advertising
Any advertisement that is untrue, deceptive, or has the potential to mislead consumers is considered deceptive advertising.
Ads can be misleading in a variety of ways, including:
the cost of a productSize of a productThe item's standard or qualitythe availability of the goods at specific times and locations.Information on guaranteesFalse information about transactions or salesdifficulty understanding interest rates or other aspectsEven if the person who created the advertisement didn't mean for it to be misleading, it may nonetheless be considered such under state and federal law deceptive advertising. Even if the advertisement contains an error, the claim could still be considered deceptive.
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on may 1, year 1, bolt corp. issued 11% bonds in the face amount of $1,000,000 that mature on may 1, year 10. the bonds were issued to yield 10%, resulting in a bond premium of $62,000. bolt uses the effective interest method of amortizing bond premiums. interest is payable semiannually on november 1 and may 1. what amount should bolt report as the unamortized bond premium in its october 31, year 1, balance sheet? a. $58,590 b. $58,900 c. $60,100 d. $62,000
On May 1, year 1, bolt corp. issued 11% bonds in the face amount of $1,000,000 that matured on May 1, year 10. the bonds were issued to yield 10%, resulting in a bond premium of $62,000. bolt uses the effective interest method of amortizing bond premiums. interest is payable semiannually on November 1 and May 1:
$60,100
Interest payable= 10000000.110.5=55000
Interest expense= (1000000+62000)0.100.5=53100
Premium amo= 55000-53100= 1900
Unamo=62000-1900=60100
The fee paid for the privilege of borrowing money is called interest, and it is often stated as an annual percentage rate (APR). The compensation a lender or financial organization receives for giving out money is called interest.
The nominal interest rate, the effective interest rate, and the real interest rate are the three primary categories of interest rates. The declared rate on which interest payments are computed is known as the nominal interest on an investment or loan.
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think of a successful project and an unsuccessful project with which you are familiar. what distinguishes the two, both in terms of the process used to develop them and their outcomes
Project experience distinguishes the two, both in terms of the process used to develop them and their outcomes.
Project
A project is a set of tasks that must be accomplished in order to achieve a specified goal. A project can alternatively be defined as a set of inputs and outputs required to achieve a specific aim. Projects can be simple or complex, and they can be managed by one person or a hundred.
Consider a successful and unsuccessful project that you are familiar with. Project experience distinguishes the two, both in terms of the development process and the consequences.
Therefore, the answer is project experience.
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Answer:
Explanation:
Think of a successful project and an unsuccessful project with which you are familiar. What distinguishes the two, both in terms of the process used to develop them and their outcomes? This question is intended for classes with students who have had some experience with projects in the past. It seeks to get them to examine the causes of success and failure from their own experience. Instructors should then begin developing a list of the various causes of success and failure as a point of
bob mills furniture aims to improve the lives of many people. the mission statement could have focused on affordable furniture (product oriented), but instead it focuses on making life better for its customers. this example shows that
The mission statement could have focused on affordable furniture (product-oriented), but instead, it focuses on making life better for its customers. this example shows that market-oriented firms shape their mission statement in terms of customer benefits
What is Marketing?
This refers to the creation of awareness for a product to a customer base to drive them to buy.
Hence, we can see that The mission statement could have focused on affordable furniture (product-oriented), but instead, it focuses on making life better for its customers. this example shows that market-oriented firms shape their mission statement in terms of customer benefits
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A real estate development company is considering a deal to develop 1,000 condominium units. This deal largely rests on a __________ that the city’s population will grow by 23% over the next decade.
A real estate development company is considering a deal to develop 1,000 con/domin/ium units. This deal largely rests on a forecast that the city’s population will grow by 23% over the next decade.
This is further explained below.
What is real estate"?The term "real estate" refers to both the land itself as well as any permanent buildings or improvements, such as a house, that is tied to the land in some way.
These improvements may be either natural or man-made. One kind of real property is known as "real estate."
A successful career choice that comes with its own unique set of hurdles and obstacles is being a real estate agent.
In conclusion, A real estate development business is weighing the pros and drawbacks of entering into a partnership to build one thousand co/nd/omin/ium apartments. This arrangement is predicated, in large part, on a projection that the city's population would increase by 23% over the course of the next decade.
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seller skip is in a hurry to sell his home. thus, he wants his agent alan agent to let buyers know that he will consider all offers. alan agent has a transaction agency relationship with seller skip. what should alan agent do to adhere to the duty of limited confidentiality?
Alan Agent should have told Seller Skip to give permission in writing to disclose to buyers that Seller Skip will consider all offer.
What does disclose imply?
Disclose is the method of making statistics or facts regarded to the general public. Proper disclosure by using corporations is the act of creating its customers, investors, and analysts privy to pertinent facts.
How do you operate disclose?
. In his final moments he refused beneath torture to reveal his father's hiding-area.
. We do no longer disclose any of your non-public details to 1/3 events.
. Don't disclose too many personal info on-line either.
What's disclose in a sentence?
Make regarded to the general public facts that became previously known handiest to three people or that became meant to be stored a secret. Divulge to view as by eliminating a cover. Neither side might expose details of the transaction.
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a corporation is a complex business compared to a sole . the process of filing all applicable legal documents to register a corporation with the government is known as .
A corporation is a complicated commercial enterprise as compared to a sole. the procedure of filing all relevant legal documents to sign in a business enterprise with the authorities is referred to as Taxation.
A corporation conducts enterprise, realizes net earnings or loss, will pay taxes, and distributes profits to shareholders. The earnings of an enterprise are taxed to the corporation while earned and then are taxed to the shareholders when allotted as dividends.
A corporation is a popular connection with a business whereas a business enterprise is a reference to a particular sort of commercial enterprise entity. An agency is owned by its shareholders while a business enterprise may be owned both by the enterprise proprietor in full (sole proprietorship), numerous people (partnership), or others (shareholders).
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obtaining evidence to determine that all inventory, accounts payable, notes payable and expenses are included on the financial statements relates to the assertion.
Obtaining evidence to determine that all inventory, accounts payable, notes payable and expenses are included on the financial statements related to the completeness assertion.
There are five different financial statement statements approved by corporate financial statement preparers. These include claims of accuracy and valuation, existence, completeness, rights and obligations, and representations and disclosures.
Statement of Completeness - All transactions to be recorded are recorded in the financial statements. Commitment to Accuracy - Transactions are accurately recorded for the right amount. Cutoff Assertion - The transaction was recorded in the correct accounting period. Check with management about the existence of related parties.
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think about the food products that we've discussed in our food chapter: coffee, cacao, and sugar. are they only food products? how are they related to globalization? what is monoculture? what are the social, economic, and environmental results of monoculture? how does it affect the development of a community in the global south?
When talking about monoculture crops, it is important to note that even if a different culture is planted on a given field plot each year, the concept of growing a single crop on one field at a time is still referred to as “monoculture”.
What is monoculture?One variety of crops is grown in a specific field at a time as part of a practice known as monoculture farming. A polyculture system, in contrast, presupposes that two or more crops are sown in a field at once. It should be noted that the concept of monoculture does not only apply to crops, but to farm animals as well: it consists in breeding only one species of animals on a given farm, be it dairy cows, sheep, pigs, chicken, etc.
Monoculture planting augments the effective utilization of soil and nearby environmental conditions. As a rule, ranchers select the yield that will flourish best in the nearby climate. The constructive outcomes of monoculture cultivation are regularly seen with so many yields as rice (filled in conditions like those of wetlands) and wheat (which is filled in level zones with a lot of daylight). Plants that can oppose or flourish in explicit climate conditions (for example dry spells, winds, or colder normal temperatures) become the point of convergence of the horticultural monoculture framework. Interestingly, a conventional rancher is worried about crop assortment and carries out an intricate timetable of planting, support, and reaping to boost the creation of various yields. In spite of this expanded exertion, the profitability and effectiveness of monoculture cultivation are normally higher.
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expensing the cost of copy paper when the paper is acquired is an example materiality. industry practices. conservatism. expense recognition.
Expensing the cost of copy paper when the paper is acquired is an example of .Cost constraint.
What is Cost constraint?A cost constraint in accounting occurs when it is excessively expensive to report specific information in the financial statements. The applicable accounting standards permit a reporting entity to forego the associated reporting where doing so would be prohibitively expensive. The purpose of enabling the cost constraint is to prevent firms from paying excessive expenditures to fulfill their financial reporting duties, especially when compared to the benefit received by readers of the financial statements.
Only certain requirements for financial reporting that are mentioned in the accounting standards are subject to the cost limitation. In all other instances, regardless of the underlying cost, financial information must be reported.
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sustainable supplies prepares the following aging of receivables analysis: days past due total current 1 to 30 31 to 60 61 to 90 over 90 accounts receivable $ 57,600 $ 40,000 $ 9,000 $ 3,600 $ 2,000 $ 3,000 percent uncollectible 1% 3% 5% 8% 11% prepare the adjusting entry to record bad debts expense assuming the unadjusted balance in the allowance for doubtful accounts is a $500 credit.
Sustainability consists of fulfilling the needs of current generations without compromising the needs of future generations while ensuring a balance between economic growth, environmental care, and social well-being.
The correct answer is Debit Bad Debts Expense $840; credit Allowance for Doubtful Accounts $840.
Allowance for doubtful accounts
balance required=40,000*1%+9000*3%+3600*5%+2000*8%+3,000*11%
=$400+$270+$180+$160+$330
Allowance for doubtful accounts balance required=$1,340
Balance already in allowance for doubtful account=$500
Bad debt expense to be recorded=$1340-500
=$840
Journal entry
Date General Journal Debit Credit
Bad debt expense of $840
Allowance for doubtful accounts $840
(To record bad debt expense)
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Terrell’s science class volunteers at the pet shelter each week and assists with keeping the puppy cages clean. combining academic work with a community project is an example of _____. a. job shadowing b. service learning c. an internship d. an exploratory interview please select the best answer from the choices provided a b c d
The correct option is (B) Service learning
Service learning combines formal education with the application of that knowledge in a service-oriented manner. It is a kind of educational philosophy that demands knowledge demonstration from the learner, bridging the cognitive and the affective to improve learning results. It combines intellectual prowess with individual hobbies, enabling students to discover their passion and practice practical approaches to solving challenges in the real world. It is a linked learning experience that touches both thinking and sensation while connecting personal growth to cognitive growth. Students apply the concepts they learn in class to practical issues in order to develop workable solutions that will change society for the better over the long run.
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pls helppp
What is another name for an emergency fund?
A. 401(k)
B. Long tern debt
C. take home pay
D. a rainy day fund
Answer:
D. a rainy day fund
Explanation: