The event should be presented in the financial statements as follows:
1. The assets side of the balance sheet will be reduced by 75%, with its accompanying accumulated depreciation.
2. The bonded liability on the balance sheet is eliminated by the relevant amount.
3. The journal entry should debit the Bonded Liability and accumulated depreciation, while the assets worth 75% are credited.
4. If the bonded indebtedness is more than 75% of the assets, the company records a profit on disposal on the income statement. Otherwise, it records a loss. If they are equal, there is no profit or loss.
Thus, the difference between the debit and credit entries constitutes either profit or loss on disposal.
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Answer:
Bt Bicoins este o moneda virtuala care valorează extrem de mult, nu, nu este ilegal sa ai un bit coin
Answer:
B. inspire a large number of people to help achieve organizational purposes.
Explanation:
Business strategy sets the overall direction for the business; it focuses on defining how a business would achieve its goals, objectives, and mission; as well as the funds and material resources required to implement or execute the business plan.
The recommended approach for strategy formulation by a leader is for him or her to inspire a large number of people to help achieve organizational purposes.
Answer:
Windows is an operating system my man, its one in itself
Explanation:
Answer:
The correct answer is C. $46.50.
Explanation:
The current value of one share of stock is the present value of all expected future cash flows. The present value (PV) of cash flows in each year is calculated as follows.
PV = Future value / (1 + Rate of return)^Number of years
The future value is the dividend received on the share in a particular year while the rate of return is 11.4% (i.e. 0.114).
Applying the above formula,
Current value of share = $1.221 + $0.927 + $0.977 + $0.260 + $43.114
= $46.50
Hence, the correct option is C. $46.50.
