Answer:
$183,600
Explanation:
Since the expected useful life of the patent is only 10 years, instead of 20 years, its cost should be amortized in 10 years. That means that for every year that passes, Northern has to amortize $20,400 (= $204,000 / 10). Only one year passed between September 30, 2019 and October 1, 2018, so the patent's account on the balance sheet is $183,600 (= $204,000 - $20,400).
Answer:
$3,925,000
Explanation:
Calculation to determine what The balance of the projected benefit obligation at December 31, 2021 is
Projected benefit obligation $3,500,000
Add Service cost $300,000
Add Interest cost $350,000
(3,500,000X.1)
Less Benefits paid ($225,000)
Projected benefit obligation at December 31, 2021 $3,925,000
Therefore The balance of the projected benefit obligation at December 31, 2021 is $3,925,000
Answer:
Deferral
Accrual
Explanation:
A deferral occurs when a company has paid out money that should be reported as an expense in a later accounting period, and/or received money that should be reported as revenue in a later accounting period while an Accrual pertains to expenses that should be reported now, but have not yet been recorded or paid, and revenues that should be reported now, but have not yet been recorded nor has the money been received.
Answer:
Using the ''You'' view means that the audience is made the subject of the correspondence. This makes the message more effective as the audience will see it from their perspective.
You will issued a new chip-enabled credit cards to replace expired or lost cards and prevent increasingly costly pay-outs resulting from fraud.
With a new schedule of low-cost, any-day flights, you can now fly to Hawaii whenever you want.
Should you wish to rent power equipment, you must demonstrate your proficiency in its use.
Employees are requested to complete the attached online survey by April 1 to enable the development of master schedule to efficiently manage your summer vacations.
Your content can now be shared, liked and subscribed to via the new free app, Fan Boosters.
You can now save costs on the location of your training class by having a customized class for your employees right in your own building.
You can now only receive store credit for returned merchandise.
