The Selective Service Act.
This act was passed in 1917 during WWI since troop numbers were low. The president at that time, Wilson, originally wanted to use volunteer troops, but the numbers were too low.
Answer:
$92,691.08
Explanation:
The computation of the future value is shown below:
As we know that
Future value = Present value × (1 + interest rate)^number of years
where,
Present value is $64,000
The Interest rate is 2.5%
And, the number of the year is 15 years
Now placing these values to the above formula
So, the future value is
= $64,000 × (1 + 0.025)^25
= $64000 × 1.448298166
= $92,691.08
Answer:
B. Create a criteria-based sharing rule.
Explanation:
Creating a criteria-based sharing rule will give the specified access based on criteria selected to certain individuals or teams within an organization. This rule basically determine what records to share based on field values other than ownership.
Answer:
Adjust supplies inventory to actual.
Explanation:
The adjusting entry to record the adjust supplies inventory to actual is shown below:
Supplies expense $730
To Supplies $730
(Being the supplies inventory is adjusted)
For recording this we debited the supplies expense as it increased the expenses and credited the supplies as it decreased the assets
Therefore the second option is correct
Answer:
Dr Cash$561,360
Dr Finance charge expense $8,640
Cr Finance arrangement $570,000
Explanation:
Preparation of the journal entry to record the borrowing on the books of High Five Surfboard.
Dr Cash$561,360
[$570,000-($720,000*1.2%)]
$570,000-$8,640
=$561,360
Dr Finance charge expense $8,640
($720,000*1.2%)
Cr Finance arrangement $570,000
(Being to record the borrowing on the books of High Five Surfboard )