A withdrawal is when you take money out of a bank account
Answer:
$11,940
Explanation:
The computation of the paying amount is shown below:
= Sale value of the equipment - discount charges + freight charges
= $12,000 - $360 + $300
= $11,940
The discount charge is
= Sale value of the equipment × discount rate
= $12,000 × 3%
= $360
We simply deduct the discount and added the freight charges to the sale value of the equipment so that the actual value could arrive
Answer: <em>Option (D) is correct.</em>
From the given options, the following is least feasible to be taken in consideration as a substantive practice relating to payroll: <em>Test whether employee time reports are approved by supervisors.</em>
<em>Payroll commonly is a term that is referred to as the cumulative sum of money that an organization pays to an individual. It can also be stated as organization's records of individual's salaries, bonuses, and taxes. </em>
<em>Therefore it'll be futile to take in consideration "whether employee time reports are approved by supervisors", as a substantive procedure relating to payroll.</em>
Answer:
let him put it where he won't see them until It is enough for buying his wants
Answer:
Fly Corporation
The stock price will not be affected by the accounting change.
Explanation:
This opinion is based on the assumption that the capital markets are efficient. Therefore, the stock's market price will reflect all available and relevant information. Since all the necessary information is already incorporated into the stock price, the CEO of Fly Corporation cannot beat the market by the change in accounting method, and the stock price will not be undervalued or overvalued. Moreover, the change in accounting method only shifts the timing for reporting income.
