Photosynthesis and respiration
Answer:$600
Explanation:
The full amount of$600 will be credited to Perle as his service income on completion of the dental services and debited to wood account as a debtor.
The $200 will reduce the debt to $400 , the $400 which will be recorded through a journal by debiting bookcase and crediting Wood.
Narration. Recognition of bookcase built as debt payment.
Answer:
The debt-to-equity ratio of the company is 0.2
Explanation:
The formula to compute the debt to equity ratio is as:
Debt to equity ratio = Debt / Equity
Where
Debt is total liabilities which amounts to $700,000
Equity is total equity which amounts to $3,500,000
Putting the values in the above formula:
= $700,000 / $3,500,000
= 0.2
Debt to equity ratio of the company is 0.2
Answer:
If you by a condo, you can deduct your mortgage interests from your gross income, property taxes are also deductible, and you can also get a homestead exemption on your condo since it is your home.
Co-ops on the other hand are corporations that own a building, and you own shares of that corporation. It is very difficult and only under certain circumstances, you can deduct mortgage interest expenses on a co-op, but generally not. You cannot deduct property taxes since you do not own any property yourself and you cannot claim a homestead exemption for a co-op for the same reason.
That is why co-ops are usually cheaper than condos.
Answer:you tie a noose and hope for the best my friend. and if all goes south, you have a backup plan.
Explanation:
