Answer:
Date cash flow interest expense principal paid book value
D- 2022 282,000 0 0 282,000
D- 2023 -47,000 28,200 18,800 263,200
D- 2024 -47,000 26,320 20,680 242,520
Interest expense during first year = $282,000 x 10% = $28,200
Interest expense during second year = $263,200 x 10% = $26,320
Answer:
Property plant and equipment in non current asset section of Carl Cornfield's balance sheet will be increased.
Cash at bank in current asset section of Carl Cornfield's balance sheet will be decreased.
Explanation:
When the entity makes payment for any vehicle, the following two sections of the balance sheet are changed:
Property plant and equipment in non current asset section is increased.
Cash at bank in current asset section is decreased.
So the following two lines of Carl Cornfield balance sheet will be changed.
Property plant and equipment in non current asset section of Carl Cornfield's balance sheet will be increased.
Cash at bank in current asset section of Carl Cornfield's balance sheet will be decreased.
Answer:
True
Step-by-step explanation:
It is right, just trust me.
Hi I think it might be the second option: <u>You can specialize in mechanics and still be able to feed your family without growing your own food.</u> I say this because the key word specialization used in the question and specialize.
Honestly taking a test with this same question at the moment and i am just taking a wild guess here. Im sorry if i got it wrong but good luck.
Answer:
C. $13,100U.
Explanation:
The cost variance is given by the difference between the actual cost of commissions and the projected cost of commissions of 30,000 units at $8 each:
Since the actual cost is higher than the anticipated cost, the balance is unfavorable.
Gridiron would report a cost variance of: C. $13,100U.