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3 years ago

13

URGENT PLEASE HELP ILL GIVE BRAINLIEST TO FIRST ANSWER find how much you need to deposit each year to have $10,000 in 5 years at

3%.

1 answer:

rjkz [21]3 years ago

3 0

Is the 3 % an annual rate or monthly rate? Whats the initial amount deposited?
Then I can better help answer your question.

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You have been running a successful art and framing shop for three years. You have decided to allow others to use your business n

jeka94

<h3><u>Answer -</u></h3>

If one has been running a successful art and framing shop for three years and has decided to allow others to use his/her business name materials and methods in operating their own business for a fee. It may be called as a franchise agreement.

<h3><u>Explanation -</u></h3>

A franchise agreement allows the business owner to use the licensor's brand and method of doing business. The franchisor is the original or existing business owner who allows the other one to use his/her business name materials and methods in operating their own business.

A certain amount of fees is to be paid by the franchisee that may be called in the layman’s language as the licensee, who is supposed to pay the fee to the licensor (franchisor) are exchanged for the rights to use the franchisor's name is for a specific number of years.

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3 years ago

Mandi gets a call from her local car dealer. At the end of the call, the seller asks when Mandi wants to schedule an appointment

Gnesinka [82]

The scenario between Mandi and the car dealer is simply known as a assumptive close.

<h3>What is a assumptive close?</h3>

An assumptive close simply means when one assumes that a customer plans to buy a product and then encourages the person to do so.

In this case, the car dealer simply encouraged Mandi to purchase the car. This illustrates an assumptive close.

Learn more about dealer on:

brainly.com/question/1918419

4 0

2 years ago

Loreal-American Corporation purchased several marketable securities during 2018. At December 31, 2018, the company had the inves

Alex Ar [27]

Answer:

Answer for the question:

Loreal-American Corporation purchased several marketable securities during 2018. At December 31, 2018, the company had the investments in bonds listed below. None was held at the last reporting date, December 31, 2017, and all are considered securities available-for-sale.

Cost Fair Value Unrealized Holding

Gain (Loss)

Short term:

Blair, Inc. $ 486,000 $ 402,000 $ (84,000 )

ANC Corporation 453,000 486,000 33,000

Totals $ 939,000 $ 888,000 $ (51,000 )

Long term:

Drake Corporation $ 486,000 $ 563,000 $ 77,000

Aaron Industries 717,000 663,000 (54,000 )

Totals $ 1,203,000 $ 1,226,000 $ 23,000

Required:

1. Prepare appropriate adjusting entries at December 31, 2018. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

2. What amounts would be reported in the income statement at December 31, 2018, as a result of these adjusting entries?

is given in the attachment.

Explanation:

7 0

4 years ago

Dellroy Rentals Company faced the following situations. Journalize the adjusting entry needed at December 31, 2016, for each sit

slamgirl [31]

Answer:

Journal entries are given below

Equipments book value = $144,000

Explanation:

We can journalize each situation by debiting the expenses, assets, and by crediting liabilities, capital, and income given in the situation.

A. To record Interest Expense Payable in January

DEBIT CREDIT

Interest Expense $3,200

Interest Payable $3,200

b. To record Interest Revenue Earned but not Received

DEBIT CREDIT

Interest Receivable $4,100

Interest Revenue $4,100

c. To recognize Unearned Rent Revenue for the Period July to December

DEBIT CREDIT

Unearned Rent Revenue $3,000

(12,000*1/2*6/12)

Rent Revenue $3,000

d. To record Salary due for 4 days from Monday to Thursday

DEBIT CREDIT

Salary Expense $24,400

(6,100*4)

Salary Payable $24,400

e. To recognize the Supplies Expense at year end

DEBIT CREDIT

Supplies Expense $1,900

(3,200 - 1,300)

Supplies $1,900

f. To record depreciation for the current year

DEBIT CREDIT

Depreciation Expense $36,000

(180,000/5)

Accumulated Depreciation $36,000

Equipments book value = Cost of Equipment - Depreciation

Equipments book value = 180,000 - 36,000

Equipments book value = $144,000

5 0

3 years ago

List the first three perfect cube numbers

gulaghasi [49]

27,64,125 because its 3x3x3 4x4x4 and 5x5x5

6 0

3 years ago

Read 2 more answers