Answer:
$206000.
Explanation:
Given: Asset purchase value = 
Residual value after five years= 
Estimated useful life of asset= five years.
Now, we will calculate depreciation per year using straight line method.
Depreciation= 
⇒ Depreciation = 
∴ Depreciation expense per year = 
<span>The ending equity is $315,000
This is just a matter of adding income and subtracting withdraws. So let's do it.
"Cragmont has beginning equity of $277,000,"
x = $277000
"net income of $63,000"
x = $277000 + $63000 = $340000
"withdrawals of $25,000"
x = $340000 - $25000 = $315000</span>
As the Margene is the product manager at fashions ltd., a company that designs and manufactures clothes and fashion accessories. The managerial task performed by Margene is planning.
<h3>What are resources?</h3>
Resources refer to the materials available in the environment that are technologically accessible and help in the satisfaction of needs and wants.
Margene is the product manager at Fashions Ltd., a company that designs and manufactures clothes and fashion accessories. In deciding the allocation of resources for attaining her goals, the managerial task performed by Margene is planning.
Learn more about resources here:
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Answer:
They are reported on a balance sheet.
They refer to cash received in advance of performing a service or product. They are a liability.
They are also called deferred revenues.
Explanation:
Unearned revenue is a term in which the transactions that are related to the receiving of money could be considered for the service or product to be provided or delivered. It is as a prepayment
Also it is a liability account that should be recorded at the balance sheet. It is also known as deferred revenues
