Answer:
Regular basic saving accounts
Explanation:
Rainy day fund is called a type of basic regular saving accounts. This account contains around 500 dollars to 1000 dollar It is like a payday loan. It is a type of liquid or we can say that it is like cash.
It is best in a bank account. such as saving account to pay the daily basis debts. Here people can access their money very quickly. When it is spent, you can again start to save for the future happening again.
Answer:
$221,600
Explanation:
The computation of the depreciation expense for the year 2021 is as follows:
Depreciation expense is
= (Cost - Salvage value) ÷ Useful life
= ($840,300 - $87,000) ÷ 9
= $83,700 per year
Now the book value would be
= $840,300 - ($83,700 × 3 years)
= $589,200
And, finally the revised depreciation is
= ($589,200 - $146,000) ÷ 2
= $221,600
We simply applied the above formula so that the correct value could come
And, the same is to be considered
It is given that the company failed to record $3,700 of insurance coverage that had expired and accrued salaries expense of $2,250. It means the company has failed to record the total expenses of (3700+2250) = $5,950. This understatement of the expenses shall result in an overstatement of the income in the Income statement. Further, it will also result in the overstatement of assets (Prepaid Insurance) by $3,700 and understatement of liabilities for salaries payable by $2,250.
As a result of these two oversights, the financial statements for the reporting period will show overstatement of the income by $5,950 in the Income statement and overstatement of assets (Prepaid Insurance) by $3,700 and understatement of liabilities for salaries payable by $2,250 in the balance sheet.
Answer:
correct option is A. $450
Explanation:
we know that half the cost of the business meeting or the business meeting lunch or the dinner that is deductible even
and if the meal are associate with the active businessman or the sole proprietor then half the amount that is here $900 tickets to the opera with client for meeting is deducted
so that is deducted = 
deducted amount = $450
so correct option is A. $450
One of the most important key elements in Schein’s four key elements according to me would be a common purpose because, without having a common purpose, people working in the organization will be disoriented and directionless. Thus, it can hamper the ultimate goal of the organization.
<h3>What is the common purpose of an organization?</h3>
A corporation with a clear purpose or undertaking is one that is simple to recognize and manage. A common purpose unifies personnel and facilitates them to understand the corporation’s direction.
Hence, according to me, among all the Schein’s four key elements in the organization’s structure, the Common purpose is the most key element.
Learn more about common purpose of an organization:
brainly.com/question/14158365
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