Answer:
Explanation:
1)
Dr Cash $30,000
Cr Common Stock $30,000
2) No Entry
3)
Dr Office Furniture $3,800
Cr Accounts Payable $3,800
6)
Dr Accounts receivables $10,800
Cr Service Revenue (Commission) $10,800
10)
Dr Cash $140
Cr Service Revenue (Commission) $140
27)
Dr Accounts Payable $700
Cr Cash $700
30)
Dr Salary Expense $3,000
Cr Cash $3,000
Answer:
d. positive; exceeds
Explanation:
Unemployment rate refers to the percentage of the total labor force in an economy, who are unemployed but seeking to be gainfully employed. The unemployment rate is divided into various types, these include;
I. Cyclical unemployment rate (CU).
II. Frictional unemployment rate (FU).
III. Structural unemployment rate (SU).
IV. Actual unemployment rate (AU).
V. Natural Rate of Unemployment (NU).
Cyclical unemployment can be defined as a type of unemployment which is typically related to changes in the business, economy or industry cycle such as recession, governmental policies etc.
Mathematically, cyclical unemployment is given by the formula;

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The trough of a business cycle refers to the stage where decline (fall) in business activities ends and transit into expansion i.e the business moves from a decline (fall) to an expansion (rise).
Hence, at the trough of the business cycle, cyclical unemployment is positive and the actual unemployment rate exceeds the natural rate of unemployment because there's an increase in the level of output or productivity.
Answer:
d. All of the last 12 payments he received are taxable.
Explanation:
In the case when the life expectancy is 180 months and collected 192 payments prior he died
So according to the question, all the 12 payments would be received are taxable
Here the payment that received for 180 months would not be involved in the gross income and the remaining 12 payment would be taxable
Therefore the option d is correct
Answer:
$81000
Explanation:
The calculation is simple. Bond interest is simply calculated by multiplying bond value with the assorted interest rate.
For example
A bond with $1000 value with 5% interest is simply 5% of $1000 = $50
Therefore,
$3,000,000 * 2.7% = $81000
(2.7 % = 0.027)
Hope that helps.