1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Andrej [43]
3 years ago
12

A government entered into a general government capital lease in the prior year. During the current year, a lease payment of $50,

000, which includes implicit interest of $12,000, was made from the General Fund. What effect does the $50,000 payment have on the General Capital Assets and General Long-Term Liabilities accounts
Business
1 answer:
m_a_m_a [10]3 years ago
5 0

Answer:

Net increase in Capital Assets with amount of USD 38,000/-

You might be interested in
Analyse TWO benefits of being employed in an education sector (2×2=4)
chubhunter [2.5K]

Answer:

Benefits of being employed in the education sector include:

1)Being Exposed to Multiple Perspectives:  Jobs in education tend to expose employees to a wide variety of perspectives and many different opinions.

2) Stable Schedule: Employees in the education sector can rely on a reliable work schedule with stable hours and little overtime. In the education sector, you do not have to work over time. The timings are exact and flexible along with the weekends off.

7 0
3 years ago
To find out more about the pros and cons of a product, it is often a good idea to study the behavior of the individuals or group
Natalija [7]

Answer:

Copy Testing

Explanation:

Copy testing is a market research analysis method that utilizes the consumers' responses , behavior and feedback to determine the effectiveness and relevance  of an advertisement.

This method reveals a great deal of information about the pros and cons of a particular product through the analysis and study of individuals or group of users.

It addresses media channels like the internet and social media ,  television radios and others.

5 0
3 years ago
Three years ago, James Matheson bought 300 shares of a mutual fund for $23 a share. During the three-year period, he received to
pochemuha

Answer:

1350

Explanation:

(300 x 0.70) + (300 x 0.80) + (300 x 26)

= 210+240+7800

=8250

8250- (300 x 23)

8250-6900 = $1350

Therefore his total return for this investment is 1350

7 0
3 years ago
Read 2 more answers
J has a personal auto policy with Liability limits of 50/100/25, UM/UIM limits of 50/100, a Medical Payment limit of $5,000 and
saveliy_v [14]

Answer:

$21,000

Explanation:

Amount Received $11,000 ( Under Property Damage)

Amount Received  $1,000 ( Under Medical Coverage)

Amount for Vehicle Damage ( Vehicle damage - Collision deductibles ) = ( $9,500 - $500 ) = $9,000

Total Amount Paid by policy = ($11,000 + $1,000 + $9,000) = $21000  

Therefore , total amount paid by policy for this damage is $21000 .

3 0
3 years ago
Anders Industries currently holds two debts: and $11,000 debt due in 12 months and a $16,000 debt due in 18 months. Anders prepa
Verdich [7]

Answer:

Both debts ($11,000 + $16,000), totalled $27,000 will be classified as the Current Liabilities (CL)  in the balance sheet.

Explanation:

Liabilities could be classified or recognized as the current or the long term liabilities on the balance sheet grounded on when they are expected to be satisfied.

Liabilities which are expected to be satisfied within one operating cycle or 12 months, which ever is longer and satisfied by using the current assets are recognized as the current liabilities. And all other liabilities are known as long term liabilities.

Under this case, the operating cycle is 18 months, which is the dividing line among the long and current term. So, both the liabilities are current liabilities as are satisfied within the duration of 18 months.

4 0
3 years ago
Other questions:
  • Scalpers often artificially decrease supply by releasing tickets in waves, making it impossible for consumers to know how many t
    13·1 answer
  • عنکبوتی را به حکمت دام داد<br>صدر عالم را درو آرام داد<br>راب حکمت​
    6·1 answer
  • Super Saver Groceries purchased store equipment for $25,000. Super Saver estimates that at the end of its 10-year service life,
    7·1 answer
  • The web organizes information by using _____, meaning documents that include embedded references to audio, text, images, video,
    6·1 answer
  • The Carbondale Hospital is considering the purchase of a new ambulance. The decision will rest partly on the anticipated mileage
    11·1 answer
  • Which of the following are NOT included in the formal financial analysis of a capital budgeting program?
    12·1 answer
  • Problem 11-1A Short-term notes payable transactions and entries LO P1 [The following information applies to the questions displa
    13·1 answer
  • Radovilsky Manufacturing Company, in Hayward, California, makes flashing lights for toys. The company operates its production fa
    10·1 answer
  • As of December 31, 2019, Sheffield Corp. had $3000 of raw materials inventory. At the beginning of 2019, there was $2500 of mate
    7·1 answer
  • Bank charged interest on overdraft Rs. 500 journal entry​
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!