<u>Answer:</u>Option<u> </u>$29,400
<u>Explanation:</u>
The credit items that will be shown on the trial balance are as follows
Accounts payable 2800
Notes Payable 4200
Denton Capital 1400
Revenues 21000
Total Credits in 29400
trial balance
In a trial balance the total debit and credit items should balance. Trial balance has all the items that are posted in the general ledger account. It is a book keeping work sheet that contains the balance of all ledgers. At end of reporting time trial balance is prepared by the company.
Answer:
The answer is experiential shopping.
Explanation:
Experiential shopping describes when customers go to retail spaces not to necessarily make purchases but to enjoy experiences offered by the retail spaces. The experiences include live music, art, massages, cafes and lounges, virtual reality e.t.c.
Jane does not necessarily have the intention of making purchases but does experiential shopping on weekends because she finds it interesting and relaxing (which resultantly makes her escape boredom).
The answer to the question is exclusive agency.
An exclusive agency type of listing means that the agent and the client has a contractual agreement in which the agent is the legally recognized non-agency representative of the client. If the property is sold through the efforts of the agent, then the client must pay the agent a commission, but if the property is sold through the efforts of the client, then the agent will not receive a commission.
Answer:
$19,200
Explanation:
Given
Cost of equipment = $72,000 Date of purchase = January 1, 2021.
Useful period = 5 years
Residual value = $6,000
Annual depreciation using straight line method
= ($72,000 - $6,000)/5
= $66,000/5
= $13,200
Annual depreciation using the double declining method
= $13,200 * 2
= $26,400
By December 31, 2022, 2 years depreciation would have been computed on the asset, hence
Book value at December 31, 2022 = $72,000 - 2($26,400)
= $72,000 - $52,800
= $19,200
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