Answer:
The question is not complete,find attached complete question:
The correct answer is 16.7%
Explanation:
Accounting rate of return is the annual return on an investment project based on comparing annual profit with the cost of new investment project.
The formula is given as annual profit figure(earnings before taxes) divided by the average investment made.
annual profit as seen in the attached is $4000
average investment=$16,000
Accounting rate of return=$4,000/$24,000=16.7%
The correct option is the second one
Answer:
Journal entry
Explanation:
The journal entry to record the depreciation expense is shown below:
Depreciation Expense A/c Dr $7,800
To Accumulated Depreciation - Equipment A/c $7,800
(Being depreciation expense is recorded)
The computation is shown below:
= ($90,000 - $12,000) ÷ 5 years × 6 months ÷ 12 months
= $7,800
The six months is calculated from July 1, 2019 to December 31, 2019
Answer:
less expansive
Explanation:
i took the test. i got it right
The departments called that resemble separate businesses in
that they produce and market their own products are the Divisions. Furthermore,
the head of each division may be a corporate vice president or if the
organization is large enough, it is a divisional president.
Answer:
Explanation:
The adjusting entry is shown below:
Wages Expense A/c Dr $6,300
To Wages payable A/c $6,300
(Being the wages are adjusted)
The computation is shown below:
= Five days salaries ÷ number of days in a week × given days
= $10,500 ÷ 5 days × 3 days
= $6,300
So, the wages expense is debited for $6,300 and wages payable is credited for $6,300
