2 | march 21st | water bill | -65.39 | n/a | 569.12
Explanation:
You take the information for each deposit/payment, fill out the date, what it was, the amount given/lost, and then add/subtract from the balance of the last addition.
Answer:
$4872
Explanation:
Given: Purchase price of an office building= $220000.
Out of cost building, $30000 was allocated to the land.
Remember, As per current US Tax code, commercial building can be depreciated over 39-year straight-line for commercial property.
Now, calculating the current year depreciation deduction.
We know, land is not depreciable.
∴ Cost of building=
⇒ Cost of building=
∴ Cost of building=
Next calculating depreciation using straight line method ignoring salvage value.
Depreciation deduction=
∴ Depreciation deduction=
Hence, The corporation's current year depreciation deduction for the building is $4872
<span>There will we a new equilibrium price will be achieved over some period of time, this will happens in the market with upward sloping supply curve when there is a shift in the demand curve due to external shock. When the market has a upward sloping supply curve and there is a shift in the demand curve due to external shock this only means that a new equilibrium price will be achieve over some period of time.</span>
Answer:
e. $90; $100
Explanation:
The reserve ratio also known as cash reserve ratio is the portion of deposit that commercial banks must hold onto, rather than lend out or invest. It is determined by the central bank of a country and it varies.
Deposit into local bank=$100
Reserve ratio=10%
reserve ratio=10% of $100
=10/100×$100
=0.1×$100
=$10
Bank reserve has increased by $100 - $10
=$90
Checkable deposit has increased by $100 dollars deposited.