Answer:
$5,082
Explanation:
Calculation of the balance in Kent's deferred tax liability account as of December 31, 2021
Using this formula
Deferred tax liability balance =Cumulative future taxable amounts*Enacted tax rate
Where,
2021 Cumulative future taxable amounts =$24,200
Enacted tax rate=21%
Let plug in the formula
Deferred tax liability balance =$24,200*21%
Deferred tax liability balance =$5,082
Therefore the balance in Kent's deferred tax liability account as of December 31, 2021 will be $5,082
The correct answer is B)Andrew Carnegie and John D. Rockefeller
What darwinism here refers to is survival of the fittest in regards to company development and increasing wealth.
Answer:
6.383%
Explanation:
Calculation for the What is the yield to maturity
Using this formula
YTM=n√Face value/Bond price -1
Where,
n=one-year
Face value=10,000
Bond price=9,400
Let plug in the formula
YTM=1√10,000/9,400−1
YTM=1.06383-1
YTM=0.06383*100
YTM=6.383%
Therefore the yield to maturity will be 6.383%
When a company obtains a utility bill but will not pay it right away, it should debit utilities expense and credit accounts payable.
The accounting equation, Assets = Liabilities + Owners Equity means that the total assets of the business are all the time equal to the total liabilities plus the total equity of the business. This is true at any time and applies to each matter.
In this case the balance sheet or accounts payable have an increased of $500, and the income statement has a utilities expense of $500. The expense decreases the net income, retained earnings, and therefore owners’ equity in the business.