Answer:
it is an easiest type of business to set up because it requires small capital to start but has many disadvantages such as bearing all the risks alone.etc
Answer:
Pension Expense = EBE = $593440 for income statement
Explanation:
The opening balance of the Plan asset is made by the 40000 from 2018 plus interest of 32000 and the new 400000 made this year. Why include it? Because an opening balance are the funds in an account at the beginning of the year either from last year or are from current year but should be the first entry in the books of the current year.
DBO plan asset EBE
opening balance (600000) 832000 -
interest ( 60000) 66560 6560
current year's service cost (600000) (600000)
( 1260000 ) 898560 <u> 593440</u>
balance sheet liability = 361440
Answer:
A. 40,000
Explanation:
Data provided
Sold units = 39,000
Beginning units = 16,000
Ending units = 17,000
The computation of units is shown below:-
Production units = Sale unit + Desired ending inventory - Beginning inventory
= 39,000 + 17,000 - 16,000
= 56,000 - 16,000
= 40,000
So, for computing the production sales we simply applied the above formula.
Answer:
Make sure the injury isn't severe. Call 911 and keep making sure they are breathing normally. If not, give them CPR until an ambulance comes. Try not to move them too much and keep them calm.