Answer: get a lil side job a save until you have enough
Explanation:
The
correct answer to this question is that:
<span>Under
the real property loan, the maximum amount a borrower can pay for
closing costs is $700. </span>
<span>
The
law states that the amount shall not exceed 5% of the principal amount of the
loan or $390, whichever is greater but not exceeding $700.</span>
Answer:
$120
Explanation:
Interest Expense on the Bonds payable is the coupon payment plus any amortized discount. As in this question there is no amortized discount because the bonds are issued on the par value.
As er given data
Face Value = $100,000
Coupon payment = $100,000 x 12% = $120 annually = $60 semiannually
Interest Expense for the year = Interest Paid on June 30 + Interest Paid on December 31
Interest Expense for the year = $60 + $60 = $120
Answer:
This problem requires us to pass journal entry to assign overhead to the Assembly and Finishing Departments.
We know that overhead is allocated on estimation basis through applied overhead account. The basis of assignment is given in the question. The overhead will be assigne/recorded in relevant department work in process cost account. The journal entry is given below.
Debit Assembly WIP Account $ 70,720
(44,200*1.6 = 70.720)
Debit Finishing WIP Account $ 28,000
((62,200-44,200)*1.6 = 28,800)
Credit Factory Overhead applied Account $ 99,520
Answer:
price
Explanation:
Based on the scenario being described within the question it can be said that these things are all examples of price. In any context of business or transaction in general the term price refers to the total amount that is requested or given as a payment for something else, whether it is a good or service. In other words it is the value given for something in a transaction.