Answer:
Karns Company
Perpetual inventory system
1) Merchandise Inventory $174,000 Dr.
Account Payable $ 174,000 Cr
Karns Company purchased merchandise on account from Bailey Office Suppliers for $ 174.000, with terms of 2/10, n/30
2) Account Payable $ 6,800 Dr.
Merchandise Inventory $ 6,800 Cr.
Karns returned some merchandise and paid S1S6.800 as payment in full
Answer:
$47,500
Explanation:
The computation of the dollars amount received for the 5,000,000 yen is shown below:
= Expected yen receivable × forward rate
= 5,000,000 × $.0095
= $47,500
To find out the dollar amount we multiply the Expected yen receivable with the forward rate so that accurate value can come. And, we ignored the current spot rate and the turns out spot rate
Answer:
The answer is: This tax follows: "The benefits-received principle"
Explanation:
There are two principles of tax fairness raised in the question:
+ The ability to pay principles: stating that people should pay amount of tax in accordance with the level of wealth and income they possess.
+ The benefits-received principles: stating that the amount of tax a taxpayer has to pay should be in accordance with the level of consumption of government's goods and services.
By re-visiting two concepts above, we come up with "The benefits-received principle" as the answer.
It is because the resources dedicated to building public clinics specializing in helping alcoholics reduce their alcohol consumption is funded from liquor consumers which is the majority group of people which will consume the services of these clinics.
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Answer:
average values , size , reputation.
Explanation:
