Answer and Explanation:
The computation is shown below:
a. Total assets is
= Capital + creditors
= 125,000 + 45,000
= 170,000
b. The ending capital is
= Capital - loss - drawings
= 170,000 - 3,700 - 1,800
= 164,500
The assets is
= Ending capital + creditors
= 164,500 + 45,000
= 209,500
The same should be considered
Answer: $296,880
Explanation:
Pop owns more than 50% of Sugar which means that Sugar is a subsidiary of Pop's. When this happens, trade between the two are not shown in the consolidated financial statement unless the goods traded have been sold off to a third party.
As these goods have not, and are still considered accounts receivable to Sugar, the entire amount will be removed from the consolidated financial statements.
Answer:
rehearsal
Explanation:
This information processing strategy is best referred to as a rehearsal.
Repeating the same thing over and over again helps to memorize and gain mastery of a particular detail or concept.
- For Anna, rehearsing the item list helps her to process and hold on to the bits of information she has better.
- Other information processing strategy are organization, elaboration, mnemonic, systematic searching.
- They all serve various needs based on the information to be processed.
What we own are asset, adjustments ensure that asset balances are reported
<h3>
What is an asset?</h3>
An asset is of worth that has economic value and future benefit. An asset can serve as a source of income generating money for present and future endeavors.
Therefore, what we own are asset, adjustments ensure that asset balances are reported
Learn more on assets here,
brainly.com/question/25821437
Answer:
a
First stage allocation of overhead costs to the activity cost pools
Making Awnings Job Support Other Total
Production Overhead 67500 60000 22500 150000
Office Expenses 8000 65000 27000 100000
b
Activity rates (cost per unit of activity)
Making Awnings Job Support
Production Overhead (Cost/annual activity) 13.5 300
Office Expenses (8000/5000)(65000/200) 1.6 325
Find attachments for c and d part.