Answer:
net income 3,140
CI = 0
OCI = 5,320
Accumuated OCI = 5,320
Explanation:
the trade securities wil be valued at fair market. the interest on bonds will be recognize as earnings. The holding gains will be part of other comprehensive income until the bonds are sold.
interest revenue 3,140 part of net income
unrealized holding gain 5,320 part of OCI
the OCI will be disclosure on the income statement
while the accumulated OCI on the balance sheet.
Answer:
utilization = 5hrs/(1*7) =300 / 420 = 0.7
or
= 5hrs /(1*5) = 1
Explanation:
Answer:
Explanation:
Since Notes payable is $6,100
The interest would be = $6,100 × 10% × 60÷ 360
= $101.67
Total of interest + notes payable = $6100 + $101.67
= $6201.67
So, the journal entry would be
Notes payable A/c Dr $6,100
Interest Expense A/c Dr $101.67
To Cash A/c $6201.67
(Being notes payable is accepted)
Since, notes is issued and interest is charged so both accounts is debit and cash is gone so it would be credited.
The answer choices which <em>should be included</em> in the opportunity cost of buying the slip-ons is:
- A. The classic look of traditional wingtips
<h3>Opportunity Cost</h3>
This is a term that is well known in the field of economics and is used to show the foregone alternative when a person is making a choice about a particular good or item.
With this in mind, we can see that Sean had to give up some things and these are what we can see as his opportunity cost even though they are not of monetary cost.
Therefore, the correct answer is option A
Read more about opportunity cost here:
brainly.com/question/8846809