Answer:
A normal good is a good that experiences an increase in its demand due to a rise in consumers' income. Normal goods include food ...
If your savings account balance increases by $10 .The categories on your balance sheet affected is: savings account and cash.
<h3>What is savings account?</h3>
Savings account can be defined as the account that help you to save your money while you earn interest on the amount saved.
In a situation where the money in your savings account increase by $10 because of the interest earne, cash will be affected under current assets on your balance sheet.
Inconclusion the categories on your balance sheet affected is: savings account and cash.
Learn more about savings account here:brainly.com/question/3877103
The Potential<u> </u><u>Privacy and Security Issues</u> is a major flaw of the BYOD Strategy.
<h3>What is the BYOD Strategy?</h3>
BYOD a strategy in telecommunications security that allows business partner and workers to use their own devices to access the company's network, applications, and access company information.
Whilst it is cost savings in terms of hardware and provides convenience, it exposes the company to a lot of insecurity.
See the link below for more about the BYOD Strategy:
brainly.com/question/7229227
The leasehold building improvement should be amortized over the lesser of the remaining life of the lease, which is 6 years, the life of the said improvement is 8 years. To get the amortization for a year, the calculation should be:
$48,000 / 6 = $8,000 (amortization for a year),
$8,000 / 12 * 6months( jan -june ) = $4,000
So with that, the amount of leasehold improvement would be like this:
$48,000 - $4,000 = $44, 000
Answer: Check attachment and explanation.
Explanation:
a. The question has been solved. Check the attachment.
b. LAKEVIEW COMPANY
Balance sheet (Partial)
December 31
Current liabilities
FICA Payable=$4800 + $4800= $9600
Charitable contribution payable = $2400
Withheld income tax payable = $6400
State and Federal unemployment tax payable = $560
Unearned rent revenue = $5700 - $3800 = $1900
Total current liabilities = $20860