Payroll is your answer.
Payroll is a list that have all employees listed on it as well as the amount they were to be paid during a certain amount of time.
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Answer:
$21
Explanation:
As we know that
The inventory should be recorded in the books of accounts by applying the lower value of cost or net realizable value
In the given case
The cost is $23
And, the net realizable value is
= Expected selling price - selling cost
= $36 - $15
= $21
So by comparing the cost and net realizable value, the net realizable value contains the lower value i.e $21 and the same is recorded on the balance sheet for inventory
Solution:
Given Information,
Heat input is ( ) = 5.5 × Btu/h
Combustion efficiency of the boiler () = 0.7
Combustion efficiency after turn up () = 0.8
Operation Hour (t) = 5200h
Unit cost (c) =
Calculate heat output from the boiler = x
= 5.5 x x 0.7
= 3.85 x Btu/h
Calculate the heat input to the boiler after the tune-up
= /
= 3.85 x / 0.8
= 4.8125 x Btu/h
Calculate the saved energy after the tune-up
= -
= 5.5 x - 4.8125 x Btu/h
= 0.6875 x Btu/h
Calculate the annual energy saving ( )
= x t
= ( 0.6875 x Btu/h ) ( 5200 hr/yr)
= 3575 x Btu/h
Calculate the annual cost saving
Annual cost saving = x Unit cost
= 3575 x Btu/h x
= 82225
Answer:
C. when they are incurred, whether or not cash is paid.
Explanation:
In accrual accounting, expenses are recorded in the moment they are incurred, even if they have not been paid for.
In fact, the term "accrued expense" means an expense that has been incurred, but not yet paid.
One common example of an accrued expense is accrued wages:
Suppose that a firm hires a worker on March 1, for a wage of $1,000 dollars per month, that is due to be paid at the end of the month (March 31). This worker is earning $33 per day. By March 4, the firm should have recorded accrued wages for $132 ($33 x 4 days) even if no payments will be made until March 31.
Answer:
28.85
Explanation
Keanu has decided to save a fixed amount of 70,000 for a given period. We would need to calculate the number of years to achieve 7,796,223 using the FVIFA formula (Future value interest for an annuity)
Fixed payment× FVIFA=Future value
<em>FVIFA</em> =
where r is the periodic rate (9%)
and n is the number of periods
therefore; 70000×=7796223
=(7796223×0.09)/70000
n=27.85
However, since Keanu will not invest until the end of the first year, he will spend 28.85 years to achieve his goal