Answer: A speculation
Explanation: A speculation is a form of information in widespread that doesn't have a solid proof. The information about the acquisition of another company by the employees has no solid proof therefore it's a speculation.
At the time of the arrive deal, both the dealer and buyer account for the exchange as in the event that it were entered into with an irrelevant commerce.
What Is the Impact of the Intercompany Deal of Arrive on Solidified Net Income?
When a gather of two or more businesses is required to report money related comes about on a solidified premise, for the most part acknowledged bookkeeping standards, or GAAP, require the end of intercompany deals amid the combination prepare. Disposing of the intercompany deal of arrive has an prompt impact on the sum of solidified net salary detailed on the benefit and misfortune explanation. The fundamental disposal sections can influence future solidified net salary in case the arrive is ever sold to an disconnected party.
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Answer:
The correct answer is: the A option -- time compression diseconomies.
Explanation:
When we talk about time compression diseconomies we refer to the additional costs the company incurred by seeking to quickly reach a given level of an asset stock. That is, when an action increases, rather than decreases, cost and efficiency accumulated more economically over a longer period of time
Answer:
$330,000
Explanation:
the journal entries would be:
Dr Cash 200,000
Cr Notes payable - bank 200,000
Dr Equipment 80,000
Cr Cash 40,000
Cr Notes payable 40,000
Dr Merchandie inventory 60,000
Cr Accounts payable 60,000
Dr Accounts receivable 120,000
Cr Service revenue 120,000
Dr Accounts payable 30,000
Cr Cash 30,000
Dr Utilities expense 60,000
Cr Cash 60,000
Assets:
- Cash = 200,000 - 40,000 - 60,000 - 30,000 = $70,000
- Equipment = $80,000
- Merchandise inventory = $60,000
- Accounts receivable =$120,000
- total = $330,000
