Answer:
$3,088.80
Explanation:
Note that the loan is meant for 120days , however, the interest rate quoted is on an annual basis, hence, the interest for 120 days is 2.96% ( 9%*120/365).
It is equally important to note that at maturity the loan principal and the interest accrued thus far for 120 days are repayable to the lender as computed below:
total repayment=$3000+($3000*2.96%
)
total repayment=$3000+$88.80
total repayment=$3,088.80
Answer:
Explaining the motive of each task
Explanation:
According to the given situation, There are two issues i.e how to organize the activities of the business organization so that the organization can run in a smooth manner. The second issue is of delegation that means giving authority to some responsible person.
In this scenario, the most appropriate delegation improvement is to explain the motive of each task to the employees or responsible paper so that the organization activities can run in a better and effective & efficient way which helps the company to accomplish its goals and objectives.
Answer:
Debit Credit
Property plant and equipment (Plant) $1,965,166
Cash $1,965,166
Being the cost of construction of plant building
Explanation:
<em>According to International Accounting Standards (IAS) 16, property plants and equipment, the cost of land includes all of the cost necessary to bring and make it ready for the intended use. </em>
The total cost of the plant = 451,000 + 31,900 + 47,156 + 1,349,900 + 85210
= $1,965,166
The journal entry
Debit Credit
Property plant and equipment (Plant) $1,965,166
Cash $1,965,166
<em>Being the cost of construction of plant building</em>
Answer:
I'm sorry dude I literally have no idea.
Explanation:
Answer:
$82,400
Explanation:
Cost of goods sold = beginning merchandise inventory + purchases - ending merchandise inventory.
$69,200 = $15,600 + purchases - $28,800
Purchases = $82,400
