The answer is C. it helps with medical, disability, life insurance.
Hope this helps!
~LENA~
Answer:
Answer text is available please see the attachment file for easy understanding
Sr. Date Levine Company Debit Credit
Journal
1 Not Given Cash $8,064
Credit Card Expense-Suntrust $336
Sales $8,400
2 Not Given Cost of Goods Sold $6,000
Merchandise Inventory $6,000
3 Not Given Accounts Receivable-Continental $5,460
Credit Card expense $140
Sales $5,600
4 Not Given Cost of goods Sold $3,500
Merchandise Inventory $3,500
5 12-Apr Cash $5,460
Accounts Receivable-Continental $5,460
I think it’s B because the others aren’t constantly going up or down by the same amount if so please give brainliest or however it’s spelled thank you
Answer:
Receiving $2,000 every year for 6 years is worth more today.
Explanation:
$2,000 received per year is annuity as same amount is received every year.
Given:
Amount received every year = $2,000
Time period = 6 years
Rate = 5%
Check PVIFA (Present value of annuity factor) table for 5% and 6 years, we get 5.0757
Present value of annuity = 2,000 × 5.0757
= $10,151.4
Receiving $2,000 every year for 6 years is worth more today than receiving $10,000 today as present value of annuity is worth $10,151.4 today which is more than $10,000.
So, $2,000 every year is worth more today.
Answer:
$14,832
Explanation:
Depreciation charge = 2 x SLDP x BVSLDP
where,
SLDP = 100 ÷ useful life = 20 %
and
BVSLDP = Cost or Net Book Value
therefore,
1st year
Depreciation charge = 2 x 20 % x $61,800 = $24,720
2nd year
Depreciation charge = 2 x 20 % x ($61,800 - $24,720) = $14,832
conclusion
the amount of depreciation for the second full year is $14,832
