Answer:
C. Cash 10,000 Building 20.000 Common Stock 30,000
Explanation:
To record the journal entry for investing cash in a business in exchange for common stock and a building to start the business,
Debit Cash $10,000
Debit Building $20,000
Credit Common Stock $30,000
Therefore, Gi Grs Dance Studio, Inc. invested cash in exchange for common stock as well as donated a building for business. In that case, two asset accounts increases, and an equity account establishes.
Answer:
Introduction
The body of the letter is usually divided into the three paragraphs (one is the introduction, then supporting details, then conclusion of topic).
The answer to this question is <span>determinant attributes
</span><span>determinant attributes refers to the attribute that become the main reason on why consumers choose to buy a certain programs without considering things such as the face of advertisers model, or company's side cause. This usually only focus on the price of the products and the function of the products
</span>
Answer: $1,800,000
Explanation:
Cost of supplies = $2,000,000 + $400,000 - $600,000 = $$1,800,000
Answer:
$211,689. 53
Explanation:
Calculation to determine the remaining balance (or value) of the mortgage after the payment of the fifth annual installment
Step 1 is to compute PMT using Financial calculator
I = 6%
N = 20
PV = 250,000
FV = 0
PMT=?
Hence,
PMT = 21,796.14.
Now let determine the PV using Financial calculator
I = 6%
N = 15
PMT = 21,796.14
PV=?
Hence,
PV = $211,689. 53
Therefore the remaining balance (or value) of the mortgage after the payment of the fifth annual installment is $211,689. 53