200 is the amount paid for insurance coverage. 700 is the amount you pay if you make a claim (have an accident)
Answer:
On t-account, it will be logged as Accounts Receivable $4,500 and Service Revenue $4,500.
Explanation:
a) Data and Analysis:
Accounts Receivable $4,500 Service Revenue $4,500
b) The company's assets have been increased by $4,500, and its Equity has been increased by $4,500 (through Service Revenue in Retained Earnings). When the customer pays for the work completed, the Cash account will be debited and the Accounts Receivable credited.
Answer:
two strengths and one threat
Explanation:
Since in the given situation it is mentioned that that Jake was fortunate to have $100,000 financing also the skilled installers are willing to work but at the same time he was aware that the new construction was all time low
So here there are two strengths and one threat
In this way the events are categorized
Answer:
Usually right between 100,000 and 600,000.
Answer: Loss of $22,000
Explanation:
Gain (loss) = Net Carrying Value of Bonds recalled - Price bond called at
Net Carrying Value of Bonds
= Par value - Unamortized discount
= 300,000 - 10,000
= $290,000
Gain (loss) = 290,000 - (300,000 * 104)
= ($22,000)
