Answer:
The answer is (C) Revising the estimated life of equipment from 10 years to 8 years.
Explanation:
Revising estimated life of equipment from 10 years to 8 years has the effect of increasing annual charge of depreciation.
Entries are given.
DATE ACCOUNT TITLES DEBIT CREDIT
Dec 31,2019 No entry 0
No entry
(Considering that goodwill has an 0
infinite existence, goodwill should
not be amortised.)
Dec 31, 2019 Patent Amortization $10,000
[$75,000×(1/5)×(8/12)] patents
(To record patent amortizations for $10,000
8 months)
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The right answer for the question that is being asked and shown above is that: "• set marketing objectives." The first step in the process of creating a marketing plan is to <span>set marketing objectives. The group must know the goals and objectives why they are making a business or something.</span>
Answer:
$64,500
Explanation:
Shareholders are entitled to returns they have made in companies through dividends
Zwick Company is a shareholder in Handy Corporation and hence also received its dividends returns amongst other Zwick Company investors.
<u>Zwick Company's dividend revenue will be calculated as :</u>
Dividend Revenue = Dividend Payout Ratio × Number of Share held on date of announcement
= $3 × 21,500 shares
= $64,500
Therefore, Zwick Company's dividend revenue from Handy Corporation in December 2018 would be $64,500
