Answer:
Matching the financial statement items to financial statement categories:
Financial Statement Items Financial statement
a. Notes payable to banks Liability (L)
b. General and administrative Expense (E)
c. Accounts payable
Liability (L)
d. Dividends payable Liability (L)
e. Retained earnings Shareholders' equity (SE
f. Cash and cash equivalents Asset (A)
g. Accounts receivable Asset (A)
h. Provision for income taxes[1] Expense (E)
i. Cost of goods sold Expense (E)
<span>adam was referring to his company's: Organizational culture
Company's organizational culture is a shared of value and principles that shared by all members of the companies.
This value and principles will influence every aspect of company's operation and how they deal with the problems that they face.</span>
Globalization is the increase in the flow of goods, services, capital, people, and ideas across international borders. Globalization changes the way nations, businesses and people interact. Specifically, it changes the nature of economic activity among nations, expanding trade, opening global supply chains and providing access to natural resources and labor markets.
Ok I did and can you help me pls woth some questions
Answer:
The depreciation charge in 2021 is $ 164,000.00
Explanation:
Annual depreciation charge=cost-salvage value/useful life
cost is $610,000
salvage value is $61,000
useful life is 9 years
Annual depreciation charge=($610,000-$61,000)/9=$61000
The depreciation of charge of $61000 is applicable to years 2018 ,2019 and 2020 respectively.
The estimates of the asset changed in the year 2021,hence a new depreciation based on the present book value is required.
revised depreciation charge=$610,000-($61,000*3)-$99,000/(5-3)=
$164,000.00
