Debit Income Summary and credit Dividends for $25,000.
Answer: Option 5.
<u>Explanation:</u>
The balancing account of the company or an organisation is where the entries of the company are made and recorded so that at then end of the year the financial position of the company becomes clear to the stake holders of the company.
It is a double entry book keeping record where single entry is made on two sides of the book, the debit side and the credit side. This makes the book in balance for every entry. Entry on the debit and the credit side is made with the same amount to maintain the balance.
Answer:
$8.31 million and No.
Explanation:
In this question, we have to find out the present value which is shown below:
= $1 + first year value ÷ ( 1 + discount rate) + second year value ÷ ( 1 + discount rate) ^ number of years + third year value ÷ ( 1 + discount rate) ^ number of years
= $1 + $2 million ÷ (1 + 10%) + ($3 million ÷ 1.10)^2 + ($4 million ÷ 1.10)^3
= $1 million + $1.82 million + $2.48 million + $3.01 million
= $8.31 million
No the package would not worth $10 million as its present value is $8.31 million
As prosperity and economic development rise, individualism increases as well.
Individualism refers to the freedom of someones actions. If the economy is doing well and someone has more money, they are more likely to spend their money freely. The person has moral worth as an individual.
Answer:
The correct answer is letter "C": Sprint Goal, Sprint Backlog.
Explanation:
Sprint Planning is the first event where the task to be done in the course of the sprint is planned. In this meeting, the <em>Scrum Master, Product Owner, and the Developing team</em> meet. After brainstorming, the Sprint goal is set during the first half of the planning. In the second half, the Sprint backlog is created to establish the steps that will be taken in the effort of achieving the Sprint plan.
