Answer:
Annual maintenance on its equipment = Expensed
Remodelling of offices = Capitalised and depreciated.
Rearrangement of the shipping and receiving area = Capitalised and depreciated.
Addition of a security system = Capitalised and depreciated.
Explanation:
Annual maintenance on its equipment = $5,400 ( This is a normal maintenance bill and can be entirely expensed in the year it occurs.)
Remodelling of offices = $22,000 ( This is a part of the transformation process and should be capitalised and depreciated accordingly.)
Rearrangement of the shipping and receiving area = $35,000 (Since this is a reorganisation that would increase efficiency, it should be capitalised and depreciated.)
Addition of a security system = $25,000 ( Since this is an addition of asset, it should be capitalised and depreciated.)
Answer: Equilibrium quantity of garden hoses after the tax is imposed is 85000.
Explanation:
Given that,
Dead weight Loss = $22500
Tax amount per unit (t) = $3
Equilibrium quantity before tax, 
= 1,00,000 units
Equilibrium quantity after tax, 
= ?
Dead weight Loss = 
22500 = 0.5 × 3 × (100000 - )
= 85000 units
∴ Equilibrium quantity of garden hoses after the tax is imposed is 85000.
Answer:
8
Explanation:
2a + 4b
for a = -2 and b = 3
Substitute -2 in for "a" and 3 in for "b"
2*(-2) + 4*(3)
2*-2 = -4 and 4*3 = 12
-4 + 12 = 8
Ans: 8
Answer:
$11,977
Explanation:
The difference between the balance of the total checks written and balance of the total checks presented for withdrawal gives the amount outstanding.
As such, amount of outstanding checks at the end of December is the net of the balance of the checks written in November and December and the balance of the checks presented in the same period.
This is
= $43300 + $59239 - $39630 - $50932
= $11,977
Answer:
The journal entry is shown below:
Explanation:
Journal Entry.
Jan.1 Cash A/c Dr $460,000
To Bonds payable A/c $460,000
(Bond issue is being recorded)
Jun.30 Interest Expense A/c Dr $18,400
To Cash A/c $18,400 ($460,000×4% = $18,400)
(Interest is being recorded)
Dec.31 Interest Expense A/c Dr $18,400
To Cash A/c $18,400 ($460,000×4% = $18,400)
(Interest is being recorded)
