Answer:
TAXABLE INCOME $356,000
Explanation:
pre tax accounting income = $460,000
Installment sales = - $384,000
Depreciation = - $120,000
Unearned rent = ($400,000)
TAXABLE INCOME $356,000
Answer:
Equivalent units = 77, 450 units
Explanation:
<em>Equivalent units are notional whole units which represent incomplete work which are used to apportion costs between between work in progress and completed work.</em>
<em>To compute as </em>
<em>Equivalent Units = Degree of completion (%) × units</em>
Completed units in the period with 100% work done is equal
= units started in the period - closing inventory
= 89,800 - 19,000
= 70,800 units
Item Equivalent units
Completed units (100% × 70,800) 70,800
Closing inventory (35% × 19,000 ) <u>6,650</u>
Total equivalent units <u> 77,450</u>
<u />
Total equivalent units = 70,800 + 6,650 = 77, 450 units
b. excess supply of the product at the current price.
Answer:
The right answer is option B. the process of having the sender transform an idea into a set of symbols during the communication process.
Explanation:
Communication is the process of transferring or passing information from one person or one group to another. It is the transmission of message from the sender to the receiver.
There are four key components in the communication process and this include Encoding, medium of transmission, decoding, and feedback.
Encoding is the first step which the sender is faced with in the communication process. The sender translate information into a message in the form of symbols that represent ideas or concepts.
This process translates the ideas or concepts into the coded message that will be communicated.
Hence the answer is B. the process of having the sender transform an idea into a set of symbols during the communication process
Answer & Explanation:
Assets = Capital + Liabilities
1) Investment Cash (+17...) (+17160)
2) Borrowings Cash (+7...) Loan (+7...)
3) Purchase Cash (-price paid) + Gain
Equip (+final price) (final - price paid)
4) Revenue Cash (+298...) Income (+298...)
5) Expense Cash (-210...) Expense (-210...)
3)* Price paid = 8700 or 8600 , Final price = 8300 or 7940 , Gain (Discount received) = 8700 - 8300 ie 400 (or) 8600 - 7940 = 660