Answer: The cost of reducing Air pollution
Explanation: The Cost to this firm of reducing Pollution by 12 tons is the amount of investment the company takes on its part to contain Carbon dioxide from its plant to the environment where the public lives.
Answer:
Explanation:
The classified balance sheet comprises of the assets, liabilities, and stockholder equity. With the help of the accounting equation, the total assets are equal to the total liabilities including stockholder's equity.
The assets are further divided into current assets, fixed assets, and intangible assets. Similarly, the liabilities are also further divided but they do not have any intangible liabilities.
The preparation of the partial balance sheet is presented in the spreadsheet. Kindly find the attachment below:
Answer: b. Exclusive right to sell
Explanation:
An authoritative understanding under which the posting merchant goes about as the operator or as the lawfully perceived non-organization illustrative of the seller(s), and the seller(s) consents to pay a commission to the posting dealer, whether or not the property is sold through the endeavors of the posting intermediary, the seller(s), or any other individual; and an authoritative understanding under which the posting specialist goes about as the operator or as the legitimately perceived non-office illustrative of the seller(s), and the seller(s) consents to pay a commission to the posting agent whether or not the property is sold through the endeavors of the posting representative, the seller(s), or any other person, then again, actually the seller(s) may name at least one person or elements as exclusions in the posting understanding and if the property is offered to any absolved individual or element, the seller(s) isn't committed to pay a commission to the posting specialist
Answer:
False is the correct answer.
Explanation:
Answer and Explanation:
Hurricane Company
a. Interest Revenue = Face Amount x Interest Rate x Time Period
9000 x .12 x 3/12
=$270
b.4500/ 3 =$1,500/month
Amt Used up/Month x numbers of Months used up = $ Amt of Expense
1500 x 2 = 3000
c.
Amount Received in Advance = $ Amt to be Earned/Month numbers of Month Cash is For
13200/12 = 1100/months
$ Amt to be Earned/Month x numbers of Month Passed = Total Amount Earned
1100 x 5 = 5500
d. Beg Supplies + Purchase of Supplies - End Supplies = Supplies Used
1500 + 5500 – 3500 = 3500
ADJUSTING Journal Entries
12/31
Dr Interest Receivable270
Cr Interest Revenue270
Dr Rent Expense3000
Cr Prepaid Rent3000
Dr Deferred Revenue5500
Cr Service Revenue5500
Dr Salaries Expense5000
Cr Salaries Payable5000
Dr Depreciation Expense5500
Cr Accumulated Expense 5500
Dr Supplies Expense3500
Cr Supplies3500
