Answer: Expense capitalize
Explanation:
The expense capitalize is the term which is used to refers to the capitalizing the given cost of the expenses based on their values for the purpose of evaluating all the expenses in the balance sheet.
The capitalize the expenses provide various types of benefits to the firms for obtaining the various types of updated assets that typically helps in providing the long term duration.
According to the given question, the interest in the given two cases is basically treat by expense capitalize for the purpose of financial reporting.
Therefore, Expense capitalize is the correct answer.
Answer:
Budgeted sales for July = $1,755,000.
Explanation:
<em>Sales budget simply shows the expected sales revenue for a forthcoming accounting period. It is simply prepared by showing the quantity expected to be sold multiplied by the unit selling price. </em>
For example, the sales budget for July, for Morganton Company would be
= Units selling price × expected units to be sold
Budgeted sales for July = $65 × 27,000 = $1,755,000.0
Answer:
$122,821,129.69
Explanation:
For computing the future value we need to apply the future value formula i.e to be shown in the attachment below:
Provided that,
Present value = $0
Rate of interest = 8.2%
NPER = 14 years
PMT = $5,000,000
The formula is shown below:
= -FV(Rate;NPER;PMT;PV;type)
So, after applying the above formula, the future value is $122,821,129.69
Answer:
desks = 1,025
Explanation:
440
<u>+585</u>
1,025
Notice:
We should add the cost of the two desk to get the total amount.
The debt or account payable at the moment doesn't reduce the valuation fo the desk.
The depreciation will. But we are not given with any numebr to calculate this, so we should ignore it for this assingment.