Answer:
E
Explanation:
the current account of a country measures the value of the trade balance, transfers and the net income
the component of the current account includes
trade balance - it measures the value of the import and export of goods and services of a country.
net income - measures the value of the income received by a country's residents less the income paid to foreigners
transfers - it includes income sent home by a country's citizens working outside the country
Asset income - measures changes in the asset income
this transaction - China purchases $10 billion of United States government securities - would be included in the capital account
Answer:
a. $46,000
see the other answers in the explanation
Explanation:
(a) Fair value of leased asset to lessor $245,000
Less: Present value of unguaranteed residual value $24,335 X .63017
(present value of 1 at 8% for 6 periods) $15,335
Amount to be recovered through lease payments $229,665
Six periodic lease payments $229,665 ÷ 4.99271 $46,000*
*Present value of an annuity due of 1 for 6 periods at 8%.
b.
(c)
1/1/17
Lease Receivable 245,000
Cost of Goods Sold 229,665
Sales Revenue 229,665
Inventory 245,000
1/1/17
Cash 46,000
Lease Receivable 46,000
12/31/17
Lease Receivable 15,920
Interest Revenue 15,920
1/1/18
Cash 46,000
Lease Receivable 46,000
12/31/18
Lease Receivable 13,514
Interest Revenue 13,514
Answer:
D
Explanation:
with the tax you have to pay and the withdraw amount i would say that that woman will have a happy retierment and remodle her house
As a result of Z best recording the transaction by increasing cash and decreasing stockholders' equity, the result would be The accounting equation is out of balance, SE is understated, contributed capital is understated,
<h3>What happens when stock is incorrectly recorded?</h3>
When Z Best issued common stock, they should have increased cash and increased stockholders equity.
Because they did not do that, they made the stockholders equity understated and the contributed capital as well. As a result of this, the accounting equation will not balance:
Assets = Equity + Liabilities
The accounting equation will not balance because assets will be more than the sum of equity and liabilities.
Find out more on the accounting equation at brainly.com/question/14236545
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The first blank should be filled with production cost, while the second blank should be filled with, downwards.
<h3>Supply Curve Dynamics</h3>
By convention, price is a function of demand and supply.
However, in case scenarios, when suppliers of inputs increase input prices, the manufacturer's production cost is increased and this in turn shifts the supply curve downwards.
Read more on supply curves;
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