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kherson [118]
3 years ago
13

The safest action to take if someone claiming to be from your bank calls you to ask for account information is to

Business
1 answer:
mezya [45]3 years ago
8 0
Call them and tell them to not do it, if they don't listen, call the police...simple...
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Assume that on September 30​, 2017​, Flyair​, an international airline based in​ Germany, purchased a Jumbo aircraft at a cost o
Murrr4er [49]

Answer: Highest income=The units of Production method of depreciation with $3,412,500

Lowest income=double declining depreciation method with $18,000,000

Explanation:

a) Using Straight line depreciation method

(Cost of value - Salvage value)/ Useful life =(45,000,000 -6,000,000)/5 =$7,800,000

b)Using  Units-of-production depreciation method

Depreciation Expense = (Cost – Salvage value) x (Number of units produced / Life in number of units)

=45,000,000 -6,000,000) x (350,000/4,000,000)= $3,412,500

b)Using Double-declining-balance  depreciation method

Depreciation Expense = Beginning book value x Rate of depreciation

Rate of depreciation = 100% / useful life x 2= 100/5 x2 = 40 %

Depreciation expense = 40 % x $45,000,000 =$18,000,000

or you use this method directly= 45,000,000/5 x 2= $18,000,000

Now the highest income will come from the depreciation with least expense and from our calculation,  the depreciation method with the least expense is from The units of Production method with $3,412,500

In the same vein, the lowest income will come from the most depreciation expense, therefore the most depreciation expense is from the double declining method with $18,000,000

6 0
3 years ago
The Anti-Federalists wanted to
Setler [38]
They wanted to ensure that the bill of rights was included in the constitution.
8 0
3 years ago
Read 2 more answers
Prepare budgetary entries, using general ledger control accounts only, for each of the following unrelated situations: (If no en
den301095 [7]

Answer:

Please see answer in explanatory column

Explanation:

Journal for  Budgetary entries

a) Anticipated revenues are $11.8 million; anticipated expenditures and encumbrances are $8.0 million

Account                                        Debit                Credit

Estimated Revenue control  $11,800,000

Appropriation control                                            $8,000,000    

Budgetary fund                                                      $3,800,000

Calculation

Budgetary fund = Estimated Revenue control  $11,800,000-

Appropriation control   $8,000,000 = $3,800,000        

b)Anticipated revenues are $8.0 million; anticipated expenditures and encumbrances are $9.4 million.

Account                                        Debit                Credit

Estimated Revenue control   $8,000,000

Budgetary fund                        $1,400,000

Appropriation control                                            $9,400,000

Budgetary fund = Estimated Revenue control  $8,000,000-

Appropriation control   $9,400,000 = -$1,400,000  , therefore will be debited

c)Anticipated revenues are $9.4 million; anticipated transfers from other funds are $1.6 million; anticipated expenditures and encumbrances are $8.0 million; anticipated transfers to other funds are $0.7 million

Account                                          Debit                             Credit

Estimated Revenue control         $9,400,000

Estimated other finance source control$1,600,000

Appropraition control                                                 $8,000,000

Estimated other finance source control                     $700,000

Budgetary fund                                                            $2,300,000

Budgetary fund = Estimated Revenue control +Estimated other finance source control) -Appropriation control + Estimated other finance source control=  $9,400,000 +$1,600,000)- $8,000,000 + 700,000 ) = 11,000,000 - $8,700,000 =$2,300,000  

d)Anticipated revenues are $8.6 million; anticipated transfers from other funds are $1.1 million; anticipated expenditures and encumbrances are $9.7 million; anticipated transfers to other funds are $1.0 million.

Account                                          Debit                             Credit

Estimated Revenue control           $8,600,000

Estimated other finance source control$1,100,000

Budgetary fund                                    $1,000,000

Appropraition control                                                 $9,700,000

Estimated other finance source control                     $1,000,000

Budgetary fund = Estimated Revenue control +Estimated other finance source control) -Appropriation control + Estimated other finance source control=  $8,600,000 +$1,100,000)- $9,700,000 + 1,000,000 ) = 9,700,000 - $10,700,000 =-$1,000,000  so will be debited

4 0
3 years ago
Tandy Company was issued a charter by the state of Indiana on January 15 of this year. The charter authorized the following:
Anastaziya [24]

Answer and Explanation:

The preparation of  the stockholder equity section is presented below:

Tandy Company

Balance Sheet (Partial)  

Stockholders Equity :  

Contributed Capital :  

Common stock (21,900 shares ×  $6) $131,400

Preferred stock (5,000 shares × $13) $65,000

Additional Paid in Capital - Common stock (21,900 shares ×  $20)  $438,000

Additional Paid in Capital - Preferred stock (5,000 shares × $17) $85,000

Total Contributed Capital $719,400

Add: Retained Earnings $41,600

Total Stockholders Equity $761,000

4 0
3 years ago
Money is a "medium of exchange," meaning
inna [77]

Answer:

C is the correct answer to this question.

7 0
3 years ago
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