Answer: These could be categorized as follows :-
Explanation:
a. Accounts receivable = Asset in balance sheet
b. Sales = Revenue in income statement
c. Equipment = Asset in balance sheet
d. Supplies expense = Expense in income statement
e. Cash = Asset in balance sheet
f. Accounts payable = Liability in balance sheet
g. Retained Earnings = Equity in balance sheet
h. Revenue = Revenue in income statement
i. Contributed Capital = Equity in balance sheet
j. .Cost of Goods Sold = Expense in income statement
k. Notes Payable = Liability in balance sheet
l. Selling and Administrative Expenses = Expense in income statement
I hope this helps you
<span>Extraversion (sometimes called Surgency).Agreeableness.Conscientiousness.Neuroticism (sometimes reversed and called Emotional Stability).<span>Openness to Experience (sometimes called Intellect or Intellect/Imagination).</span></span>
Answer:
b. $75,000
Explanation:
Depreciable cost is the amount of an asset's cost that will be depreciated. Depreciable cost is calculated by using purchase and installation cost of a fixed asset, minus its estimated salvage value at the end of its useful life.
Depreciable cost = Total asset cost - salvage value = $90,000 - $15,000 = $75,000
The company then uses a depreciation method, such as the straight-line method, to calculate depreciation expense of the equipment.
Example:
Annual Depreciation expense = $75,000/6 = $12,500
Answer:
$32,910,000
Explanation:
The computation of the proper cash flow is shown below:
= Sale Value of land + Cost of plant + grading expenses
= $10,400,000 + $21,600,000 + $910,000
= $32,910,000
The sale value of land is the opportunity cost and the same is taken in the computation part
And, the $7.6 million represents the sunk cost which is not relevant. Hence, ignored it
