Answer:
correct option is a. Land
Explanation:
given data
land costing = $400,000
subsidiary 2017 = $450,000
land credit = $50,000
solution
While when we consolidating land that will appear in the group asset at the amount of 450,000.
so here the appreciation in the value of land is not realized gain .
so that there will be credit to land with 50,000
so correct option is a. Land
Answer:
The annual worth of the overhead costs for 7 year-period is
A = $389743.42.
<em>Then the time value of the annual worth is discounted by 8%</em>
∴ $389743.42 x 0.08 = $31179.47.
Explanation:
Using the formula
A = P(1 + r/n)
Where:
A = ?
t = 7
P = $200,000.00
r = 10%
n= 1
TVM =8%
∴ A = $200,000.00(1 + 0.10/1)
A = $200,000.00(1.10)
A = $200,000.00(1.9487171)
A = $389743.42
<em>Then the time value of the annual worth is discounted by 8%</em>
∴ $389743.42 x 0.08 = $31179.47
Answer:
Journal Entry to record the purchase of the carts on June 1:
June 1:
Debit Maintenance Equipment $1,500
Credit Accounts Payable $1,500
To record the purchase of 2 maintenance carts on account.
Explanation:
a) Data and Analysis:
June 1 Maintenance Equipment $1,500 Accounts Payable $1,500
June 8 Cash $500 Unearned Service Revenue $500
June 15 Utility Expense $300 Utility Payable $300
June 20 Accounts Receivable $1,500 Service Revenue $1,500
June 30 Cash $500 Accounts Receivable $500
Answer:
The correct answer is "Patent infringement"
Explanation:
Patent infringement is when somebody uses or sells a patented item without the approvement of the patent holder. The permission is guaranteed in the form of a license. The patent holder may receive a compensation from the impostor for the unauthorized use.
