Answer:
Palmona Co Journal entries
1.
Jan-01
Dr Petty cash 150
Cr Cash 150
2.
Jan-08
Dr Postage expense 35
Dr Merchandise inventory 14
Dr Delivery expense 16
Dr Miscellaneous expenses 24
Cr Cash 89
3. Jan-08
Dr Postage expense 35
Dr Merchandise inventory 14
Dr Delivery expense 16
Dr Miscellaneous expenses 24
Cash 89
4.
Jan-08
Dr Petty cash 300
(450-150)
Cr Cash 300
Explanation:
1. To establish petty cash fund
2.To record reimbursement
3.To record reimbursement
4. To record increase in fund balance from 150 to 450
Answer: $74569
Explanation:
Based on the information given in the question, the amount that can be borrowed is explained below:
Present value of annuity will e calculated as:
= 600 × [1-(1+0.09/12)^-(12 ×30)] / (0.09/12)
= 600 × [1-(1+0.0075)^-(360)] / 0.0075
= 600 × 1-(1.0075)^-(360)] / 0.0075
= 600 × [1-0.0678860074] / 0.0075
= 600 × 124.282
= 74569
The amount that can be borrowed is $74569
Answer:
A) credibility
Explanation:
Credibility can be defined as the quality of being trusted and believed in.
The audience have been able to perceive the competence, trustworthiness and the dynamism of the speaker, and these are the criteria to judge credibility.
Answer:
1.3%
Explanation:
The real interest rate is calculated by subtracting the inflation rate from the nominal interest rate.
real interest rate=nominal interest rate-inflation rate
nominal interest rate=4.7%
inflation rate= 3.4%
real interest rate=4.7%-3.4%
real interest rate=1.3%
According to this, the answer is that the real interest rate is 1.3%.
The average change in the tuition in the school is $1748.30 per year
<h3>How to find the average rate of change</h3>
The formula would be
y2 -y1 / x2 - x1
The value for y1 = 19890
y2 = 30380
x2 = 2011
x1 = 2005
We would have to put these values in the formula that we have above such that we would be having:
30380 - 19890 / 2011 - 2005
10490 / 6
= $1748.30
Hence we would say that the average rate of change is $1748.30 per year.
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