Answer:
$20,000 premium is amortized at the end of the first year.
Explanation:
Straight line amortization:
premium amortized = Premium / number of years
= ($5,200,000 - $5,000,000) / 10 years
= $200,000 premium / 10 years
= $20,000
Therefore, $20,000 premium is amortized at the end of the first year.
The type of account Samantha should recod the transaction is the contra account.
The answer is "access to good schools".
A retail store is a position of business normally claimed and worked by a retailer yet now and again possessed and worked by a producer or by somebody other than a retailer in which stock is sold fundamentally to ultimate customers. Good schools are something which cannot have secondary consideration.
Explanation:
55 to 65-Year-Old’s Budget
Particular Per month
Housing $554
Food $245
Healthcare $500
Pensions $350
Entertainment $118
Transportation $247
Cash $155
Other $94
Answer: Partnership:
Can be easier to raise funds
Required sharing of profits
Is owned by two or more people
Sole proprietorship:
Is owned by a single person
Is easiest to start
Includes 75% of all US businesses
Explanation: I got it right on the quiz