Answer:
A) Form 990-N.
Explanation:
Form 990-N is used by not-for-profit organizations with annual gross receipts under $50,000, and it must be filed electronically.
Most small not-for-profit organizations can use the Form 990-N, except:
- organizations with gross receipts of over $50,000
- churches and their associated supporting organizations
- private foundations
- political organizations
- tuition programs
- government instrumentalities
- group legal service plans
- and other specific organizations
To: Stacy Shoe, Allen Sock, Emma Johnson
From: Alina Kincsem (write your name here)
Subject: How to open a word processing document
Date: October 12, 2018
This is to instruct the employees to turn the computer on and open a word processing document. Following steps are to be followed in order to do this:
1. Press your PC's power button and wait until the desktop screen appears.
2. Click on the start screen at the bottom left corner.
3. Go to the search bar and type 'MS Word' and click on its icon when it appears in the search.
4. Now a blank word processing document would open in front of you. You may create any document in it that you wish to.
Good luck with your task.
Answer:
Explanation:
The journal entries are shown below:
On Declaration date
Retained Earnings A/c Dr $4,000,000 (400,000 shares × $10)
To Common Stock Dividend Distributable A/c $4,000,000
(Being dividend is declared)
On distribution date:
Common Stock Dividend Distributable A/c Dr $4,000,000
To Common Stock A/c $4,000,000
(Being the dividend is distributed)
Answer:
Monthly deposit= $2,625.16
Explanation:
Giving the following information:
Total cost= 2,676*3= $8,028
Monthly interest rate0 0.023/12= 0.00192
<u>First, we need to calculate the nominal value required at the end of the third month:</u>
PV= FV / (1 + i)^n
FV= 8,028
i= 0.00192
n= 9 months
PV= 8,028 / (1.00192^9)
PV= $7,890.6
<u>Now, the monthly investment to reach $7,890.6:</u>
FV= {A*[(1+i)^n-1]}/i
A= monthly deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
A= (7,890.6*0.00192) / [(1.00192^3) - 1]
A= $2,625.16