Whatever you were learning, write about it. Since this is post is in middle school, your teacher probably expects atleast half a page to be written in. Write about whatever was asked to be written in the entry. If you're reading a book for class, it may need to be a summary of what you read in the book. If you had an assignment, it's probably about the assignment. "Journal entry" means to write in your notebook, so this wasn't very clear what you need help with, ask a classmate about what assignment needs to be written about
<em><u>A</u></em><em><u>n</u></em><em><u>S</u></em><em><u>w</u></em><em><u>E</u></em><em><u>r</u></em><em><u> </u></em><em><u>b</u></em><em><u>Y</u></em><em><u> </u></em><em><u>:</u></em><em><u> </u></em><em><u>W</u></em><em><u>Z</u></em><em><u>D</u></em><em><u>G</u></em><em><u>i</u></em><em><u>r</u></em><em><u>l</u></em><em><u> </u></em><em><u>❤</u></em>
Answer:
$221,100
Explanation:
Given that,
Book value of equipment = $65,300
Sold at a loss = $14,000
Purchase of a new truck = $89,000
Sale of land = $198,000
Sale of Long term investment = $60,800
Cash flows from investing activities:
= Sale of Equipment - Purchase of a new truck + Sale of land + Sale of Long term investment
= ($65,300 - $14,000) - $89,000 + $198,000 + $60,800
= $51,300 - $89,000 + $198,000 + $60,800
= $221,100
Answer:
5 years
Explanation:
Initital investment $100,000
Cash inflows 1-5 (20,000*5) ($100,000)
The payback period for this investment project is 5 years.
or
100,000/20,000=5 years
Answer:
The amount left for Julia to save after all expenses have deducted from her take-home(disposable income) is $317 as shown below.
Explanation:
The amount that Julia can save is the amount left of her disposable income when all expenses are taken care of.
The amount that could be saved is computed thus:
Take-home amount $2,200
Rent ($806)
Utilities ($136)
Car payment ($277)
Orthodontist payment ($196)
Groceries($66*4 weeks) ($264)
Other expenses <u> ($204)</u>
Savings <u> $317</u>
Answer:
The misstatement would result in the overstatement of assets by $9,000 and also an overstatement of stockholders equity by the same amount.
Explanation:
When the balance of year end inventory is overstated, the cost of goods sold will be understated and this will result in an overstatement of the net income (and by extension, owners equity).
Given that a company inadvertently counted its inventory as $98,000 instead of the correct amount of $89,000
Amount overstated = $98,000 - $89,000
= $9,000
