Answer:
C. advanced shipping notice.
Explanation:
Advanced shipping notice -
It is a form of document which give the brief information about any pending delivery , is known as the advanced shipping notice .
The use of the ASN is to inform the customers as when the shipping will take place so that the customer gets prepared for the product he or she would be receiving .
Hence , from the question ,
Roland get the Advanced shipping notice from the vendor about his order .
Answer:
Income tax expense is $8,250. It is recorded by debiting Income tax expense by $8,250 and crediting Income tax payable by $8,250.
Explanation:
The income tax rate is 25%. Income tax is calculated on the taxable income after all other adjustments have been made.
Note that the question gives an income figure of $33,000. This is stated as the <em>income after the preceding adjustments but before income taxes.</em> Hence, this is the amount on which we calculate the income tax expense as follows.
Income tax expense = Taxable income x Income tax rate
= $33,000 x 0.25
= $8,250
The next requirement is to record the income tax expense in the journal. This income tax has not yet been paid by the company. Therefore, an income tax payable liability is created. The journal entry is as follows.
Debit: Income tax expense $8,250
Credit: Income tax payable $8,250
Answer:
Explanation:
First of all, as the interest is paid semi-annually, we calculate semi-annual interest rate by dividing yield to maturity by the number of periods in a year (2).
Semi-annual interest rate = 0.0818 / 2 = 0.0409
Now using the following formula
where,
YTM = 0.0409 (semi-annually)
Face Value = $1000
Current Price = $823.5
n = Number of semi-annual periods
Taking natural log on both sides,
Hence, semi-annual periods are 4.837. Therefore, the bond will mature in approximately (4.837/2) 2.4185 years.
A company purchases a piece of machinery This machinery is now the company’s Capital
Answer:The U.S. is the second-biggest mining destination on the planet, accounting for nearly 17% of all the world's bitcoin miners.
Explanation: