Jeff Company issues a promissory note to David Company to get extended time on an account payable. David records this transaction by debiting <span>Accounts Payable and crediting Notes Payable.
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Answer:
e. $ 282,000
Explanation:
To determine the assets of the company at year end, we need to find the equity at year end, this is calculated as follows:
Opening Equity $ 145,000
Net Income for the year $ 45,000
Revenues $ 210,000
Expenses $ 165,000
Equity at end of year $ 190,000
The accounting equation is
Assets = Liabilities + Stockholders' Equity
Assets = $ 92,000 + $ 190,000 $ 282,000
It would probably be a résumé because they always hold onto it so they can consider it when there are job openings
Answer:
$4,000 million per year
Explanation:
Calculation for what will be the cost of eliminating half of the pollution to society
Cost of eliminating = (200 per ton x 20 million tons)
Cost of eliminating = $4,000 million per year.
Therefore the cost of eliminating half of the pollution to society will be $4,000 million per year.