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3 years ago

11

Which accounting principle dictates whether the cost of a repair should be expensed?

1 answer:

vodomira [7]3 years ago

8 0

Which accounting principle dictates whether the cost of a repair should be expensed?

d. matching

As per matching concept, All revenues have to be recorded along with expenses incurred to earn those revenues. Thus, revenues need to be accounted.

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Why is it necessary for a plant cell to differ from an animal cell

Brilliant_brown [7]

Plant cells having giant vacuoles which help them store more water than an animal cell. They also have chloroplasts allowing them to photosynthesize and make food, animal cells don't need chloroplasts. And lastly they have a cell wall which helps keep plant cells turgid or sturdy so they don't take in too much water and burst.<span />

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3 years ago

lue Inc. has decided to raise additional capital by issuing $171,000 face value of bonds with a coupon rate of 11%. In discussio

Dafna1 [17]

Answer:

Explanation:

Value assigned to bonds =

Value of bonds without warrants/(value of bonds without warrants+value of warrants)*Issue price

Value assigned to warrants =

Value of warrants/(value of bonds without warrants+Value of warrants)

Value assigned to bonds = 115,200/(115,200+28,800) * 140,000 = 0.8*140,000 = 112,000

Value assigned to warrants = 28,800/144,000 * 140,000 = 28,000

Journal entries:

Dr Cash 140,000

Dr Discount on bonds payable (171,000-112,000) 59,000

Cr Bonds payable 171,000

Cr Paid in capital-Stock warrants 28,000

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3 years ago

Last year vaughn corp. had sales of $315,000 and a net income of $17,832, and its year-end assets were $210,000. the firm's tota

KATRIN_1 [288]

I have the same question if anyone can help please let me know

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3 years ago

Which pattern of internal migration is most often found in developed countries?

NISA [10]

<span>Seasonal migration is the pattern that is normally found in countries that are developed. This occurs because people tend to visit whatever vacation spots are currently popular and spend at least a week in that location. This pattern is much less likely to occur in countries that are undeveloped.</span>

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3 years ago

Assignment 2 (Due Week 3)

Nikolay [14]

Explanation:

Hi a warm greetings to you. This is " Your name" from one of the top companies in selling "car accessories". Our team who is very creative has come out with a new car accessories which would safe guard the person who drives the car , passenger, the car and also the person on the road. Let me not surprise you for more time, its an accessories which would give a beep if the drive fall asleep while driving. Isn't not essential to have to safe guard property and life? I know you would says yes like all our esteemed customers. We care for you and your lovely properties. Would you be interested to buy and we can deliver it within short span of time.

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3 years ago