Answer: See explanation
Explanation:
The general journal entries necessary to adjust the interest accounts at December 31 will be:
1. December 31:
Debit: Interest Expenses = $8,000 × 9% × 51/ 360 = $102
Credit: Interest payable = $102
(To accrue interest expenses for the note issued on November 10).
2. December 31:
Debit: Interest Expenses = $12,000 × 10% ×30/360 = $120
Credit: Interest payable = $120
(To accrue interest expenses for the note issued on December 1)
3. December 31:
Debit: Interest Expenses = $12,000 × 10% × 11/360 = $36.67
Credit: Interest payable = $36.67
(To accrue interest expenses for the note issued on December 20).
Answer:
(i) $940 billion
(ii) $380 billion
(iii) -$80 billion
(iv) $300 billion
Explanation:
Income, Y = $1,500 billion
Government spending, G = $260 billion
Taxes, T = $180 billion,
Investment spending, I = $300 billion
As Y = C + G + I
Consumption spending, C = $1,500 - $260 - $300
= $940 billion
Private savings = Y - T - C
= $1,500 - $180 - $940
= $380 billion
Public saving = T - G
= $180 - $260
= -$80 billion
National saving = private + public
= $380 - $80
= $300 billion
I think there should be an options to choose. Anyway I think, I've got what you mean. I think that the answer is: to achieve this standard, gregson's management strives to <span>maintain quality and efficiency</span>.
Answer:
Classifying a cost as either direct or indirect depends upon B: whether the cost can be easily traced with the cost object
Explanation:
The classification of a cost as direct or indirect depends on the connection to the cost object. If the cost can be linked undeviatingly to the cost object, it is direct. On the contrary, if it can't be traced to the cost object it is indirect.
A. whether a cost is fixed or variable. Incorrect. A direct cost can be fixed or variable.
B. whether the cost can be easily traced with the cost object. Correct.
C. the behavior of the cost in response to volume changes. Incorrect. This is a variable cost (or fixed that changes in relevant range)
D. whether the cost is expensed in the period in which it is incurred. Incorrect.
Answer:
B tutor how are u???????????
