Answer:
Benefits of taking college loan
Explanation:
Their are various cost and benefits of taking a college loan most importantly the basic benefit is that the loan involved is mostly interest free and student friendly students don't have to bear any additional cost involved students along with less interest can help in managing their financial expenses manage their school fees and can improve their qualifications as well their so basic benefit is that they can manage their qualification expenses very well so one should keep in mind availing the facility of loan that they just have to return the principal amount on easy payback conditions as per their own suitability one can avail the facility and opt for the loan and then your education will definitely improve in result of that.
Answer:
Gain of $6,000.
Explanation:
Calculation to determine what The entry to record this event would include
Using this formula
Gain=(Accumulated depreciation+Cash)-Cost
Let plug in the formula
Gain=($60,000+$18,000)-$72,000
Gain=$78,000-$72,000
Gain=$6,000
Therefore The entry to record this event would include a gain of $6,000
Barter means exchange since there was no currency back then so the answer would be D.
One theory states that history and culture are of little importance and that most of the current Japanese management system has developed over the past sixty years.
Answer:
1. Depreciation expense 3600
Accumulated depreciation 3600
2.Unearned rent 330666
Rental income 330666
3. Interest expense 2100
Interest payable 2100
4.Cost of goods manufactured 2640
Supplies 2640
5. Insurance expense 2400
Prepaid insurance 2400
Explanation:
depreciation for the year = 300*12=3600
2. Earned rent was 62000/3*4=330666
3.Interest expense for the year = 525*4=2100
4.opening supplies were 3500 and ending were 860 so (3500-860)=2640 were consumed and 860 will be reported to balance sheet.
5. Opening prepaid insurance was =$3600
Insurance was expense out at the rate of $200 per month = 200*12=$2400
$1200 shall be reported to balance sheet.
