Answer:
D. $15,000,000
Explanation:
amount to be raised before 5%cost = $14,000,000 + $250,000
=$14,250,000
then:
100 - 5 = 95% ~~ $14,250,000
100% ~~ $ 15,000000
Therefore, the amount required to be raised is $15,000,000.
They have there attorney make them look not Guilty.
Answer:
6,000 on the left side of Equipment account; $5,000 on the right side of Accounts payable account; $1,000 on the right side of the Cash account
Explanation:
When fixed assets are bought whether paid for or not, debit the asset account with the monetary value if the asset, and credit cash or bank if payment is made or credit account payable account where purchase is on credit.
In this case, the following entries should be done:
Debit Equipment Account $6,000
Credit Cash Account $1,000
Credit Account Payable $5,000
<u>Explanation:</u>
The Bangkok treaty of 1901 contains the agreement between Britain and Bangkok to build a railways between Siam and Malayan. Britain was ready to loan a value of 4 Million pound with an interest of 4%.
Also according to the agreement Siam has given the control of four states Kedah, Kelantan,Trengganu and Perlis to Britain. The debts of these four states were borne by Britain. Even financial advisory by Britain did not improve these states. This treaty created a better Siamese and Britain relationship.
Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
