Answer:
the depreciation that should be charged over the useful life each year is $20,000
Explanation:
The computation of the depreciation expense using the straight line method is shown below:
= (Purchase cost of an equipment - residual value) ÷ (useful life)
= ($135,000 - $15,000) ÷ 6 years
= $120,000 ÷ 6 years
= $20,000
hence, the depreciation that should be charged over the useful life each year is $20,000
The correct answer to this question is letter "b. to prevent monopolies and collusion." An essential government role in market economies is <span>to prevent monopolies and collusion. If it happens that there is monopoly and collision, then it will be a big problem to consumer.</span>
Answer: Option A
Explanation: A broker refers to a person or a firm who charges fees from the investors for executing their purchase and sale transactions. The broker sometimes also charge their customers for their consultancy services.
Whereas insurance agents refers to the person who sell the insurance policies to the general public and in return gets commission from the insurance company on the premiums paid by the insured.
Hence from the above we can conclude that the correct option is A.
Answer:
The correct answer is A
Explanation:
IAP stands for Incident Action Plan, which is defined as the organized course of the events that addresses or notices all the phases or stages of the incident control in the specified time.
It is required to completed or finished in the timer period or time frame, which allows the least amount of the action that is negative to continue.
So, this plan is made or prepared through the General Staff of the Planning section.
Answer:
A) $11,023.73.
Explanation:
The computation of the cash balance is shown below:
= Bank statement balance - outstanding checks + bank rejected two deposit checks
= $14,856.73 - $4,962.19 + $1,129.19
= $11,023.73
For determining the cash balance we simply deducted the outstanding checks and deducted the deposit checks so that the accurate amount could come
