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2 years ago

historically, inequities in the amount of money avaliable to local school districts in texas have been the result of

1 answer:

6 0

Historically, inequities in the quantity of money available to local school districts in Texas have been the effect of

wide deviations in the value of taxable possessions among districts.

<h3>Are all Texas schools ISD?</h3>

Almost all Texas school districts use the title "Independent School District", or ISD. But for Stafford, those few districts that do not have "ISD" in their names are however ISDs.

<h3>Can you live in one school neighborhood and go to another in Texas?</h3>

Generally, a child must obey the school district in which he or she resides. School districts can make transfer arrangements to accept each others' students. Transfer arrangements may also result from wealth-sharing arrangements underneath Chapter 41 of the Texas Education Code.

To learn more about school districts visit the link

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For the year ended December 31, 2019, Davidson Mart had sales of $800,000 and cost of goods sold of $600,000. Davidson estima

Anit [1.1K]

Answer:

800,000/600,000=1.33

Profit percentage = 1.33-1=0.33=33%

0.02*800,000=16,000 worth of goods returned

Profit= 0.33*16,000=5280

COGS= 16,000-5280=10,720

Adjusting Entry

Debit Credit

Goods returned 10,720

Profit 5,280

Cash 16,000

Explanation:

3 0

3 years ago

Jamal Steel, a rapidly growing small steel company with annual revenues of $8 million is looking to buy a large industrial furna

Sloan [31]

Answer:

The correct answer is A. maker.

Explanation:

The manufacturing industry (manufacturing) is the production of added value of merchandise for use or sale using labor and machinery, tools, chemical and biological processes, or formulation. The term can refer to a wide range of human activities, from handicraft to high technology, but it is more commonly applied to industrial production, in which raw materials are transformed into finished products on a large scale. Such finished products can be used to manufacture other more complex products, such as airplanes, appliances or cars, or be sold to wholesalers, which in turn sell them to retailers, which they then sell to end users or consumers.

6 0

3 years ago

On January 1, 2017, Eagle borrows $16,000 cash by signing a four-year, 5% installment note. The note requires four equal total p

goblinko [34]

Answer:

<u>Issuance - January 1, 2017</u>

Cash $16,000 (debit)

Note Payable $16,000 (credit)

<u>December 31, 2017</u>

Interest Expense $800 (debit)

Note Payable $3,712.19 (debit)

Cash $4,512.19 (credit)

<u>December 31, 2018</u>

Interest Expense $614.39 (debit)

Note Payable $3,897.80 (debit)

Cash $4,512.19 (credit)

<u>December 31, 2019</u>

Interest Expense $419.50 (debit)

Note Payable $4,092.69 (debit)

Cash $4,512.19 (credit)

<u>December 31, 2020</u>

Interest Expense $214.87 (debit)

Note Payable $4,297.32 (debit)

Cash $4,512.19 (credit)

Explanation:

The Loan Amortization Schedule is most appropriate way to solve all parts of this problem.

The first step to construction of the Amortization Schedule is to determine the payments made annually, PMT (interest and principal).

Using a Financial calculator, this can be determined as ;

Pv = $16,000

r = 5%

n = 4

Fv = $0

p/yr = 1

Pmt = ?

Thus PMT is $4,512.19.

Amortisation Schedule (Extracted from Financial Calculator)

Principle Payment = $3,712.19

Interest Payment = $800

Balance = $12,287.81

Accounting Entries :

Interest Expense $800 (debit)

Note Payable $3,712.19 (debit)

Cash $4,512.19 (credit)

Principle Payment = $3,897.80

Interest Payment = $614.39

Balance = $8,390

Accounting Entries :

Interest Expense $614.39 (debit)

Note Payable $3,897.80 (debit)

Cash $4,512.19 (credit)

Principle Payment = $4,092.69

Interest Payment = $419.50

Balance = $4,297.32

Accounting Entries :

Interest Expense $419.50 (debit)

Note Payable $4,092.69 (debit)

Cash $4,512.19 (credit)

Principle Payment = $4,297.32

Interest Payment = $214.87

Balance = $0

Accounting Entries :

Interest Expense $214.87 (debit)

Note Payable $4,297.32 (debit)

Cash $4,512.19 (credit)

8 0

3 years ago

Generally accepted accounting principles require that companies use the ____ of accounting.

White raven [17]

Answer:accrual basis

Explanation: the need the truth on the accounting princess so it has to be to accrual basis

3 0

2 years ago

Discussed why present age diseases are different from the pasr

tester [92]

Answer:

in the past we did not have much reshcearch to help figure out what is wrong

now we have the tech to help and we also have vacanation

Explanation:

6 0

3 years ago

Read 2 more answers