Answer
The answer and procedures of the exercise are attached in the following image.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
Answer:
$9000
Explanation:
Depreciation is a systematic allocation of the cost of an asset over its useful life. One method of depreciation is the straight line method where the value of an asset is uniformly and gradually written off over its useful life
<u>Working</u>
Cost of asset - $90000
Useful life - 9years
Salvage value - $9000
Fiscal year - (Jan 1- Dec 31)
Depreciable amount- (90000-9000)= $81000
Annual depreciation (straight line ) 81000/9 = $9000
December 31 2017 depreciation expense = $9000*1/2 = 4500
Decemebr 31 2018 depreciation expense = $9000
The amount of accrued interest payable should B report in its September 30, 2021, balance sheet is: $27,000.
<h3>Accrued interest payable</h3>
Using this formula
Accrued interest payable=(Face value×Bond percentage)/Number of months
Let plug in the formula
Accrued interest payable=($900,000×12%)/12×3 months
Accrued interest payable=$27,000
(July 01 to September 31=3 months)
Inconclusion the amount of accrued interest payable should B report in its September 30, 2021, balance sheet is: $27,000.
Learn more about accrued interest payable here:brainly.com/question/7289766
Answer:
B. It will not be enforced due to the statute of frauds.
Explanation:
Jim and Sue ''orally agreed to how the marital assets would be split if they divorced'', but however did not sign any agreement that makes the contract valid. Thus, the contract will not be enforced due to the statute of frauds. A statute of frauds, simply means a contract without sufficient written evidence agreed and signed by parties to the contract.
I answered this question before. Here's my answer.
NYDA - National Youth Development Agency is an organization that aims to help the youth develop skills and be eligible for employment.
NYDA has a grant program that aims to assist young entrepreneurs in starting up their businesses and making these businesses grow.
<span>NYDA has grants available for youths seeking funding for their business like (but not limited to) cleaning companies, recycling companies, car washes, vendors, and many small scale businesses.</span>
