Answer:
c.$87,400 $(15,700)
Explanation:
Equipment ($89,700- $2,300) $87,400
Cash $2,300
Loss ($105,400 – $89,700) $15,700
Land (book value)105,400
Therefore Assuming that the exchange has commercial substance, the company would record equipment and a gain/(loss) of $87,400 $(15,700)
Answer:
Human Relations Approach
Explanation:
According to my research on studies conducted by various sociologists, I can say that based on the information provided within the question the approach being described is called the Human Relations Approach. Like mentioned in the question this approach refers to the view that the effectiveness of any organisation depends on the quality of relationships among the people working in the organisation.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Answer:
The proper IFRS presentation is:
d. Listing current assets before noncurrent assets, and listing Current Liabilities before Retained Earnings
Explanation:
The above listing is in the order of liquidity, especially of current assets and noncurrent assets. This listing shows all the current assets before the noncurrent assets with Cash, Accounts Receivable, etc following that order for the listing of current assets. And the more permanent assets are listed last. Similarly, for the Liabilities and Equity side, the Current Liabilities are listed first before the Noncurrent Liabilities followed by Equity (Share Capital and Retained Earnings) in that order.
Answer: 35 years
Explanation:
Where,
A - the ending amount,
P - the beginning amount (or "principal")
r - the interest rate (expressed as a decimal)
n - the number of compounding a year
t - the total number of years
n=1, t=?, P = $50,000, r=0.09, A= $1,000,000
Therefore,
Taking log on both sides
log(20) = t log(1.09)
1.30103 = 0.0374264979 t
t = 34.7622
So answer is 35 years.
Answer:
Credit to cash for $3,000
Explanation:
Based on the information given the appropiate the journal entry to record payment of this invoice after the discount period has expired is: CREDIT TO CASH FOR $3,000 which is calculated as (1/2*$6,000).
Credit to cash for $3,000
(To record payment of invoice after the discount period has expired)
