Answer:
Explanation:
According to my research on different financial terminology, I can say that based on the information provided within the question the appropriate journal entry would include a debit to a liability and a credit to a revenue account. This must be included otherwise the journal entry will state the sale of the product or service as being made twice, which will cause errors in the financial statements.
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The answer is: B) Buying securities (Bonds)
Money supply refers to the amount of money that circulated in the country. When government buy securities from the private sector, the money would be exchanged from the government's purse to the private sector's. If this occurs, the amount of money that circulated would be increased.
Answer:
Accumulated Depreciation at the end of year = $16,000
Explanation:
<em>Under the straight line method of depreciation, the cost of an asset less the salvage value is spread equally over the expected useful life.</em>
<em>An equal amount is charged as annual depreciation over the life of the asset. The annual depreciation is calculated as follows:</em>
Annual depreciation:
= (cost of assets - salvage value)/ Estimated useful life
Cost - 100,000
Residual value = 20,000
Estimated useful life = 10 years
Annual depreciation = (100,000- 20,000)/10 =8,000
Annual depreciation = 8,000
Accumulated Depreciation for 2 years = Annual depreciation× number of years
= 8,000× 2 = 16,000
Accumulated Depreciation for 2 years = $16,000
Answer:
C. Proofreading
Explanation:
Option A is wrong. In an instant message, no one is trying to create a content outline as it is not a letter or assignment.
Option B is incorrect. An instant message can be sent to many people at a time. Therefore, maximizing the number of receivers is the main idea while writing an instant message.
Option D is also not correct. Acronyms are hard to understand. Writing acronyms in an instant message will be challenging for the receivers.
Option E cannot be the answer as an instant message can be sent anytime. Therefore, it can be increased.
<em>Option C</em> is correct because while writing an instant message, proofreading is a necessary stage. If anything misspelled or miswritten, the explanation will change.
Answer:
$67,000
Explanation:
The total revenue will be income from the 300 rooms and that from 100 rooms
=(300 x $140) + ($100 x 250)
=$42,000 +$25,000
=$67,000
