Answer:
The answer is given below;
Explanation:
Employee Benefit Expense (5,000+120,000*5%) Dr.$11,000
Accrued Employee Benefits payable Cr.$11,000
As these are the costs that company has to pay for employee retirement and health plans, therefore increase in these expenses will be recorded with corresponding effect to payable.
Answer:
72,91
Explanation:
the key to answer this question is to see that we can calculate the present value as a series of future payments valuated today, so there are two stages, the first one i going until 10 years and from ther is to infinity, so the present value can be solved as:
where 
is the present value of the annuity, 
is the interest rate for every period payment, n is the number of payments, and P is the regular amount paid. so applying to this particular problem.
keep in mind that 
is the formula for calculating a perpeuity, it means the present value of a infinite future payments but look carefully at the expresion 
it means we are calculating a perpeuity which is located in the future and we compute it as money of today, so we have:
Answer:
c) A Special Warranty Deed
Explanation:
First, the multiple options for the question
a)A quitclaim deed
b) A sheriff's deed
c) A special warranty deed
d) A partition deed
Warranty deeds are documents used mostly in the sales of real estate properties either commercial or residential. It is most useful when the transfer or sale of property is done between parties that are not familiar with one another. The two types of warranty deeds are General Warranty Deed and the Special Warranty Deed. The coverage guaranteed is the difference between the two types of warranty deeds.
In using a special warranty deed, the seller who is also the grantor of the warrant, only guarantees against issues, damages and defects that occur during the grantor's physical ownership of the property. This type of warrant does not make assurances or guarantees for defects in title on the proprty and defects that occured before ownership of the property. It is also called grant deed or covenant deed.
General Warranty on the other hand covers all issues, damages and defects on the sold property.
Since, the person only wishes to convey all interests without warrants on liens, encumrances and any other title defect, the deed is the Special Warranty Deed
Answer: Establishing a new performance standard.
Explanation: Performance standards are goals which are set about productivity and profitability. Performance standards usually starts by the setting of a certain performance expectations or goals which are to be achieved. Examples may include: Progress in an organisation is gauge when a certain landmark or progress linked to an individual goals and objectives are reached or obtained.
