Answer:
Div1.45/920.01576086961.5760869565Merc(104-92)/920.130434782613.043478260914.6214.62%
Explanation:
Answer:
True
Explanation:
Hand-over-hand steering is appropriate when the speed of steering is critical, such as with skid recovery in a rear-wheel traction loss.
Hand-to-hand steering is particularly well suited for precision maneuvers, steering through curves, intersection entry and exit, and front-wheel traction loss control (skidding).
Service Revenue.................................65000
Rent Revenue..........................................6000
To Income Summary.....................................................71000
Income Summary..........................78900
To Depreciation Expense..............................................7000
To Salaries Expense.......................................................56400
To Utilitites Expense.........................................................15500
Retained Earnings.....................................................................7900
To Income Summary...............................................................................7900
Answer:
The correct answer is A
Explanation:
Interest expense is the expense, which is defined as the non- operating expense and it is represented on the income statement. It states the interest payable on the borrowings like lines of credit, loans, convertible debts or bonds.
The interest expense is computed as the interest rates multiply the outstanding principle amount of debt.
So, the interest expense is defined as the interest rate which is effective times the amount of debt outstanding during the interest period or starting of period.
