Answer:
2. EOM Depreciation Expense 100 Accumulated Depreciation 100
Explanation:
The journal entry to record the monthly expense under straight-line depreciation is shown below:
EOM Depreciation Expense A/c Dr $100
To Accumulated Depreciation A/c $100
(Being depreciation expense is recorded)
The computation is shown below:
= (Purchase value of a fixed assets - estimated residual value) ÷ (useful life × total number of months in a year)
= ($3,750 - $150) ÷ (3 years × 12 months)
= ($3,600) ÷ (36 years)
= $100
Answer:
tax (5.0%) $___
State income tax (5.6%)
Minus total withholding -$___
Biweekly net pay
Explanation:
and had begun a five year apprenticeship as a machinist. His starting wage ... brainly.com/question/25586250
Answer:
There are any number of valid responses – <em>see below</em>.
Explanation:
Decision grids are valuable tools because they help us:
- Evaluate and prioritize a list of options
- Make the best choices at the least cost
- Make wise decisions in a range of contexts
- Consider the cost and benefits of a decision
- Reduce subjectivity to help make sound conclusions
- See what we gain and lose by choosing between alternatives
Answer:
a) 2.40 dollars
b) 0.60 dollars
c) 2.40 dollars
Explanation:
$30 dollars x 8% = $2.40
quarterly dividend:_ $2.40 / 4 = $ 0.60
When the dividends ar cummulative, they will keep at arrear until the company declares cash dividend. The firm will not be able to pay common stock unless there are no arrear dividends to preferred stock.
Only once all the preferred dividends in arrear and current period dividends are paid, the ocvmany can distribute among their common stock.
