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marissa [1.9K]
3 years ago
9

People consider Ethan to be an honest person. Which of his actions best exemplifies this trait?

Business
2 answers:
nirvana33 [79]3 years ago
7 0

Answer:

either b or d.

hope this helps.

Explanation:

ArbitrLikvidat [17]3 years ago
5 0

The answer is D. It says that he always is truthful.

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On January 1, 2021, Pine Corporation signed a five-year noncancelable lease for equipment. The terms of the lease called for Pin
sweet [91]

Answer:

b. 253,589

Explanation:

According to the scenario, computation of the given data are as follows,

Present value of lease payment = $3,335,888

Payment in 2021 = $800,000

Interest rate =   10%

So, we can calculate the interest expense by using following formula,

Interest expense = (Present value of lease payment - Payment in 2021 ) × interest rate

Interest expense = ($3,335,888 - $800,000) × 10%

= $2,535,888 × 10%

= $253,588.8 or $253,589

In 2021, Pine should record interest expense of $253,589

7 0
2 years ago
An agreed-upon solution about a common set of engineering features and design choices is known as a?
Vikentia [17]
Neudjsbqjaisinfhsu sorry need points
4 0
2 years ago
Identify which accounts should be closed on May 31.
vaieri [72.5K]

Answer:

Cash   ___________________ Not Closed

Supplies _________________Not Closed

Prepaid Insurance _________ Not Closed

Land  ___________________Not Closed  

Buildings ________________Not Closed

Equipment _______________Not Closed

Accounts Payable _________ Not Closed

Unearned Rent Revenue ____Not Closed

Mortgage Payable _________Not Closed

Common Stock ___________Not Closed

Rent Revenue ____________Closed

Salaries and Wages Expense_Closed

Utilities Expense __________ Closed

Advertising Expense _______ Closed

Interest Expense __________ Closed

Insurance Expense _________Closed

Supplies Expense __________Closed

Depreciation Expense _______Closed  

Explanation:

In accounting, there are two types of accounts

  1. Temporary
  2. Permanent

Temporary

Temporary accounts are closed at the end of each accounting period and new balance are maintained for the new period.

Expense and Income accounts are temporary accounts and these accounts are closed in the retained earning account of the balance share.

In this question following accounts are temporary accounts and these are needed to be closed at the end of the period.

Rent Revenue  

Salaries and Wages Expense

Utilities Expense  

Advertising Expense

Interest Expense

Insurance Expense

Supplies Expense  

Depreciation Expense

Permanent Accounts

Permanent accounts are not closed at the end of each accounting period and they carried their net and accumulated balance in the next period.

Assets, Equity, and Liabilities accounts are permanent accounts.

In this question following accounts are permanent accounts

Cash    

Supplies  

Prepaid Insurance  

Land

Buildings  

Equipment  

Accounts Payable  

Unearned Rent Revenue  

Mortgage Payable  

Common Stock  

5 0
3 years ago
Read 2 more answers
Which chart is best used to show the results of a class survey with 4 field trip options?
Nimfa-mama [501]
C. Bar chart , It’s a better visual to see the different votes the classmates chose for their 4 field trip options.
7 0
3 years ago
Read 2 more answers
Choose all that apply. Select all of the tools you could use to track your expenses.
fgiga [73]

Answer:

budget software

spreadsheet

Mint©  

Mvelopes®

Explanation:

The spreadsheet is also the same as Excel. It used to organize and analyze expenses and identify how your expenses can be reduced

Mint© is an online expensive tracking device, that can be used to track credit score and manage expenses.

Budget software is budgeting and expensive tracking device. It can be used to track credits cards and bank account

Mvelopes® is an online expensive tracking device that is used in taking care of the budget.

6 0
3 years ago
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