Answer:
False
Explanation:
The trial balance is prepared at the end of a counting period after all the accounts have been closed. The trial balance captures all the debits on one side and credits on the other. If the trial balance does not balance, it signifies errors in the general ledger. A balanced trial balance does not guarantee the absence of errors.
In preparing a trial balance, accountants usually follow the order of accounts as they follow each other as per the general ledger. It is not a requirement that either debits or credits come first.
Answer:
$100,000
Explanation:
Cash flow = $10,000
Interest rate = 3%
Growth = -7%
Value of this mining operation = Cash / (Rate - Growth)
Value of this mining operation = $10,000 / (3% -(-7%)
Value of this mining operation = $10,000 / 10%
Value of this mining operation = $10,000 / 0.10
Value of this mining operation = $100,000
Answer: True
Explanation:
Expetraites are well-trained and experience for most host countries, they are also an advantage as they use their vast knowledge to train host country workers.
1. Government
2. Military
3. Protection
Hope this helps.
Answer:
$6,000
Explanation:
Calculation for How much difference would there have been in Franel's income with regard to the effect of the investment, between using the equity method or using the initial value method of internal recordkeeping
Using this formula
Difference in Franel's income using Equity Method = [(Net income-Dividends)-(Net income-Patent allocation amortization- Dividends)]
Let plug in the formula
Difference in Franel's income using Equity Method =[($360,000 - $190,000)-($360,000 - $6,000 - $190,000]
Difference in Franel's income using Equity Method = $170,000 -$164,000
Difference in Franel's income using Equity Method =$6,000
Therefore How much difference would there have been in Franel's income with regard to the effect of the investment, between using the equity method or using the initial value method of internal recordkeeping is $6,000
