Answer:
The correct answers are letters "A", "C" and "D": All accounts with balances are included in the report; The report is prepared for a range of dates; The total of the debit column must equal the total of the credit column.
Explanation:
A Trial Balance is a worksheet detailing the debit and credit balances of all the accounts for the company. According to accounting theory, the sum of all debits will be the sum of all credits for a given period. Relevant accounting activity of previous periods can be included. Since the trial balance is a list of all accounts, it acts as a test of accuracy.
To complete the statement above:<span>
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Dynamic pricing is a way to deal with setting the cost for an item or administration that is exceedingly adaptable. The objective of dynamic valuing is to permit an organization that pitches merchandise or administrations over the Internet to modify costs on the fly because of market requests.
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Answer:
Howdy Doody show in the 2018 income statement as income from this investment is $24225
Explanation:
given data
purchased = 15%
common stock = $58,000
net income 2018 = $15,000
net income 2019 = $58,000
dividend = $61,500
fair value = $73,000
to find out
How much Howdy Doody show in the 2018 income statement as income from this investment
solution
we know that net income to be reported as income by investment is the sum of income from dividend + unrealised gain
so here
unrealised gain = increase in value of stock that is
= $73,000 - $58,000 = $15000 .............1
and
income from dividend is = 15 % of $61,500
income from dividend = $9225 .................2
now add equation 1 and 2
Howdy doody show in 2018 income statement as income from this investment = Dividend revenue + Unrealized holding gain
income statement = $9225 + $15000
income statement = $24225
Answer:
$31.61
Explanation:
In order to determine the amount of interest charged you must first calculate the average daily balance:
average daily balance = [($2,030 x 9) + ($1,450 x 22)] / 31 = $1,618.39
Now we must calculate the daily interest rate:
daily interest rate = 23% / 365 = 0.063%
Finally we multiply the average daily balance times the daily interest rate times the number of days in the billing period:
interest charged = $1,618.39 x 0.063% x 31 days = $31.61
Answer:
The maturity value is "$79790".
Explanation:
The given values are:
Principal
= $79,000
Time
= 30/360
Rate
= 12%
The interest on the cash loan to Ryan and Co will be:
= 
= 
($)
Maturity value
= 
= 
= 
= 
