By ordering the new system, Sondra is already implementing the alternative. Before the ordering of the new system, the choices would have undergone a rigorous selection process. Thus, the answer to this item should be letter C.
Answer Choices:
- A and C
- A and D
- B and C
- B and D
Answer:
- A and C
These programs incur intangible drilling costs which are 100% deductible in the year the drilling takes place.
These programs give an immediate deduction for intangible drilling costs.
To know if it is better to rent a car or buy it according to a person's income, it is necessary to evaluate different factors.
The first factor that a person must take into account to compare whether it is better to buy a car or rent it is the income that he receives each month. For example:
- If a person receives $ 800 a month, his income is low, making it impossible for him to buy or rent a car for a long time.
- On the other hand, if a person receives $ 4,000 a month, he has the facility to buy or rent a car according to her/his preference. Some people prefer to rent a car because they do not have to spend money on repairs and other expenses, while other people prefer to buy it to have it for a long time and have it available all the time.
This situation varies according to other factors such as the purchase value of the car, the monthly rental value, the value of the repairs, the value of the fuel, among others.
Note: This question is incomplete because it does not have the complete information.
Learn more in: brainly.com/question/25442731
Answer:
1.Jan 01 Dr Cash 360,000
Cr Notes payable 340,000
2.Interest expense 28,800
Principal Reduction 61,364
Explanation:
MM Co.
1 . Journal entry
Since MM Co. borrows $360,000 cash on January 1 from a bank this means we have to
Debit Cash with the amounts of money he borrowed which is $360,000 and Credit Notes Payable with the same amount.
Jan 01 Dr Cash 360,000
Cr Notes payable 340,000
2. Calculation of the amount goes toward interest expense and Principal reduction
Interest expense 28,800
(360,000*8%)
Principal Reduction 61,364
(90,164-28,800)