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kykrilka [37]
3 years ago
5

Diego is arrested for a theft committed by someone who stole his identity. A court orders his release, but due to a police error

in Diego’s paperwork, he is held in jail for a month. The police are most likely liable for​
Business
1 answer:
natka813 [3]3 years ago
4 0

Diego is arrested for a theft committed by someone who stole his identity. A court orders his release, but due to a police error in Diego’s paperwork, he is held in jail for a month. The police are most likely liable for​ False Imprisonment.

<h3><u>Explanation:</u></h3>

The person when does not have authority legally but he purposefully restricts the ability of other person moving freely is the false imprisonment.This is the unlawful imprisonment. For making claim for the actions such as arrests in unlawful manner or false imprisonment for about 6 years. For making claims regarding personal injuries, the claim period is 3 years.

In the example given, Diego was arrested for the theft that is done by some other person. Due to some errors in the paperwork of Diego he was held in jail for a period of a month. The polices are most likely liable for False Imprisonment.

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Answer:

<em>n = 33.8108479</em>

Explanation:

We will calculate the current principal

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C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

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time      48 ( 4 years x 12 months per year)

rate 0.0075 (9% annual divide by 12 months)

500 \times \frac{1-(1+0.0075)^{-48} }{0.0075} = PV\\

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Now we recalculate n:

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C  $675.00

time n

rate    0.0075

PV $20,092.3900

675 \times \frac{1-(1+0.0075)^{-n} }{0.0075} = 20092.39\\

<u>from the annuity formula we solve as we can until arrive at this situation:</u>

(1+0.0075)^{-n}= 1-\frac{20092.39\times0.0075}{675}

(1+0.0075)^{-n}= 0.77675122

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a. At the end of January, the company estimates that the remaining units of inventory are expected to sell in February for only
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Answer:

Trial Balance :    Debit 15558  = 15558 Credit

Explanation:

b.) Noncollectable amount = $5300 * 35% = 1855

 Entry: Dr bad debts expense  1855

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Entry:          Dr  Bad debts expense  103

                            Cr  Allowance for bad debts   103

        ( To record bad debts expense)      

d.) Entry:

           Dr Income tax expense 13600

                    Cr Income tax payable   13600

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Ledgers  :

Bad debt expense = 1855+103 = 1958

Allowance for bad debts = 1855+103 = 1958

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income tax payable = 13600.

Trial balance:

                               

_Dr__________________________________________________Cr____

        Bad debt expense     1958     -----     1958 Allowance for bad debts

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Total =  15558                                              -------      Total = 15558

5 0
3 years ago
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