<span>The most important thing is to have low credit card fees. Some of them are annual fee, financial charge, late fee, over-the-rate fee..
Also low fee on balance transfers is very important and low APR (Annual percentage rate). APR can be fixed but also variable, however it depend on the amount of balance, the larger the balance, the bigger the rate.
You should also look for a reward for using their credit card.</span>
Answer:
The adjusted trial balance is prepared after adjusting entries have been recorded and posted.
Explanation:
Only the adjusted trial balance is accurate and more up to date than an unadjusted trial balance and must be used to prepare financial statements.
The adjusted arise from the end of reporting period adjustment such as inventory valuation and errors that might have been identified during the reporting period.
<span>This is true in most circumstances. However, there might be a few odd circumstances in the mix where it is not true. But in most cases, filing or perfecting your security interests before the other party will ensure that you have priority. As a result, it is generally a good idea to be punctual regarding these matters.</span>
Answer:
True
Explanation:
A company manager should be able to appraise its operations profit and capital used to generate the profit.
Answer: a). Straight line method = $10,000. b). Double declining balance method = $20,000.
Explanation: Depreciation is the weat and tear of an asset over the useful life. There are several methods of depreciation. They include; straight line method, double-declining method, units of production method and so on.
Straight line method = (cost - salvage value)/ useful life
= (55000 - 5000)/5 = 50000/5
= $10,000
Double-declining balance method = straight line method × 2
= $10,000 × 2
= $20,000
