The federal government spends $668 billion dollars on welfare per year
Answer:
The answer is given below;
Explanation:
1.$6,000,000/120,000=$50*25,000=$1,250,000
2.this method is called units of digits method for depletion.
The accounting treatment shall be;
Depletion Expense Dr.$1,250,000
Accumulated Depletion Cr.$1,250,000
When the asset will retire, the accumulated depletion will be eliminated with corresponding effect to mine
Answer:
Using credit will cost Bill more money over time.
Using credit may tempt Bill to buy more than he can afford.
Answer:
The correct option is B,common stock 30,000 cash 10,000 and building 20,000
Explanation:
Geraldine Parker's contributions to the business -that is both cash and building are seen as his capital invested in the business.Invariably, it is assumed the new business owes Geraldine Parker the worth of resources invested
Appropriate double entries for the transaction are shown below
Dr Cash $10000
Dr Building $20000
Cr Capital $30000
This is the capital as at the start of the business,it is also possible that Geraldine Parker contributes additional capital which adds to existing capital.
Also,the profits made increases the stake of the owner in the business and drawings should e deducted from the capital in case the owner withdraws cash or goods from the business.
The definition of supervisory management states the highest level of management, consisting of the president and other key company executives who develop strategic plans.
<h3>What is
supervisory management?</h3>
Supervisors, within the context of business management, are those who keep an eye on the strategic direction of the company.
They are not bogged down with the operations or day-to-day activities of the company. Hence, the reason why they are called supervisory management.
Learn more about supervisory management at:
brainly.com/question/2954747
