Answer:
The Preparation of an income statement for the month of June is shown below:-
Explanation:
Windsor Inc
Retained Earnings Statement
For the year ending June 30,2017
Revenues
Service revenues $7,730
Expenses
Advertisement Expenses $400
Supplies expenses $1,100
Maintenance and repair expenses $700
Utilities expenses $200
Salaries and Wages expenses $1,630
Total Expenses $4,030
Net Income (Loss) $3,700
Answer:
Debit to Unearned Rent
Credit to Rent Earned for $2,925
Explanation:
Given:
Amount of total rent = $7,800
Computation:
Amount unearned = Amount of total rent (3months / 8 months)
Amount unearned = 7,800 [3/8]
Amount unearned = $2,925
Journal entry:
Unearned rent A/c Dr $2,925
Rent A/c Cr $2,925
[Debit to Unearned Rent
Credit to Rent Earned for $2,925]
<span>Ellen’s research design employs a <u>case study method</u>. This method can be used to examine real-life situations, in this case, the issue about overweight celebrities. It aims to understand the behavioral conditions as observed from the object. It is also based on an in-depth investigation focused on a single person or a group. </span>
Answer:
Explanation:
In order to earn money and produce goods that improve lives, self-directed gain would provide jobs, and subsequently wages for others.
The way people can become wealthy by their own efforts is to sell what they produce to others. As the business grows, labor is hired to produce more. This is the 'invisible hand' concept that turns self-directed gain into social and economic benefits for all.
Answer:
Explanation:
Face value = 1000
market price = 1000
annual yield = 106
yield to maturity = (106/1000) x 100
= 10.6 % .
