Answer:
$960
Explanation:
For computing the accumulated depreciation, first we have to compute the depreciation expense which is shown below:
= (Original cost - residual value) ÷ (useful life)
= ($9,600 - $0) ÷ (5 years)
= ($9,600) ÷ (5 years)
= $1,920
This is a full year depreciation but we have to find out for June 30,2017 i.e 6 months
= $1,920 ÷ 12 months × 6 months
= $960
The same is recorded as an accumulated depreciation
Taylor's rule puts double weight on closing the unemployment gap in comparison to the inflation gap.
<h3>What is inflation?</h3>
Inflation is the scenario where the price of goods or services is increased in such a way that results in decreasing the purchasing power of people.
The focus of Taylor's principle is to close the gap in unemployment by much double weight in contrast with the gap in inflation. It wants that the unemployment gap should be twice the inflation gap at the time of closing.
Therefore, the twice weight should be put up on unemployment as suggested by the rule of Taylor.
Learn more about Taylor in the related link:
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Owner contributions and retained earnings are combined in a single capital account on the balance sheets of .proprietorships.
A sole proprietorship, also known as a sole proprietorship, sole proprietorship, or sole proprietorship, is a form of business owned and operated by a single person where there is no legal distinction between owner and business entity. Sole proprietorships do not necessarily work alone and may employ other people.
Examples of sole proprietors include small businesses. B. A one-person art studio, grocery store, or IT consulting service. The moment you start offering goods and services to others, you become a sole proprietorship.
A sole proprietorship is a business owned and controlled by an individual, corporation, or limited liability partnership. The company has no partners. Sole proprietorship legal status can be defined as follows: It is not a legal entity separate from the business owner.
Learn more about proprietorships here
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That the mistake that we do in the first time because we dont know
Answer:
The firm's budgeted payments in March is $206,500
Explanation:
The purchase pattern is categorized into three percentage : 25%, 55% , and 20%
Here, following month is considered to be a month which is before than actual month.
The firm's budgeted payments in March is computed below:
= 25% of march month + 55% of February month + 20% of January month
= 25% × $240,000 + 55% × $190,000 + 20% × $210,000
= $60,000 + $104,500 + $42,000
= $206,500
Thus, the firm's budgeted payments in March is $206,500
