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3 years ago

Budgeted depreciation expense would not appear on a:

Business

1 answer:

Naya [18.7K]3 years ago

8 0

Answer:

c. Cash budget.

Explanation:

Depreciation: Depreciation is an expense indicating a reduction in the value of fixed assets due to tear and wear, obsolescence, usage, time period, etc. That is shown on the income statement's debit side.

It is a non-cash element that has no effect on the cash balance i.e cash budget and cash flow statement.

Moreover, it shows under the selling and administrative expense budget also

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Kalani is an account executive with a medical device company that sells sophisticated camera equipment used in surgical procedur

Nadya [2.5K]

Answer:

The key difference throughout the particular circumstance is defined throughout the subsection following.

Explanation:

Fewer clients than consumer businesses have been composed of corporate sectors.
Since consumers throughout the business community are only found throughout hospitals for treatment, they have become less frequent, whereas consumers mostly in the commercial market include customers across the world, unlike pharmacies where there would be some very buyers.

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3 years ago

The doctrine that allows for a more flexible use of copyrighted material such as for educational purposes is known as _____.

densk [106]

Answer:

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3 years ago

Use the following 10% interest factors. Present Value of Ordinary Annuity Future Value of Ordinary Annuity 7 periods 4.86842 9.4

katen-ka-za [31]

Answer:

The cost of the machine will be $85,358.88‬

Explanation:

To calculate the present value of the machine is given by:

Present value=$16000*Present value of annuity factor(10%,8)

=$16000*5.33493

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3 years ago

Parent Inc. purchased 30% of the common stock of Affiliate Co. on January 1, YR01 for $5,000 and appropriately accounted for thi

blondinia [14]

Answer:

net cash from investing activities = -$4,940

operating and financing activities are not affected.

Explanation:

the journal entries should be:

January 1, socks purchased

Dr Investment in Affiliate 5,000

December 31, dividends received

Cr Investment in Affiliate 60

December 31, Affiliate reports net income

Dr Investment in Affiliate 300

Cr Revenue from investing activities 300

Only the cash flow from investing activities will be affected by Parent's investing in Affiliate. Since the company uses the equity method, the operating and financing cash flows are not affected.

The cash flow from investing activities will:

Decrease by $5,000 due to the purchase of stocks.
Increase by $60 due to the dividends received.
net cash from investing activities = -$4,940

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3 years ago

Calculate Net Pay

natita [175]

Answer:

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Explanation:

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3 years ago