Answer:
The loss is "$10,000" and the gain is "$25,000".
Explanation:
The given amount is:
Cost,
= $215,000
Accumulated depreciation,
= $185,000
Book value,
= $30,000
Now,
The loss on sales will be:
=
=
= ($)
The gain on sales will be:
=
=
= ($)
Answer:
c. A low late payment fee
Explanation:
A credit card late payment fee (late charge) is the amount charged by a bank to someone who does not pay his debt at the payment deadline. This late fees are usually about $35 or more. Late fees can be avoided by paying debt on time before the due date.
For people who do not pay their bills on time they can use credit cards that do not charge for late fee or those whose late payment fee charge is very low.
Answer:
D. research the employer or company
Explanation:
A good and recommended way to prepare for a job interview is to research the company they want to join. Understanding as much as possible about the company gives one confidence in the interview room. Knowledge about its products and services helps answer questions and formulate the questions to ask.
One should also research what the company expects of them in their role. This information gives one an edge over the other candidates in the interview.
Answer:
2
Explanation:
The company's cash flow from operating activities can be calculated as follows:
$
Net Income 10
Add:depreciation expense 2
Less:changes in accounts receivable (5)
(20-25)
Less:changes in accounts payable (10)
(5-15)
Add:changes in inventory 5
(12-7)
Cash flow from operating activities 2
Bookkeeping can be done in small business by following these procedures:
- Creation of a New Business Account is required.
- Setting Budget just for Tax Purposes.
- make your Records Organized.
- Tracking of all the business Expenses.
- Maintaining Daily Records.
<h3>What is the purpose of bookkeeping and how can it improve their business?</h3>
The book-keeping is very essential in business because it keep a complete as well as accurate record of all the financial transactions.
This is been done in in a systematic orderly and logical manner, by following the steps above the business can be improved.
Find out more on Bookkeeping at brainly.com/question/25572872
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