Answer: $1,350
Explanation:
The insurance is for 2 years but has to be apportioned monthly on account of the Accrual basis in Accounting where expenses will only be recognized when they are incurred.
The expense to be recorded for the first month will therefore be:
= 32,400 / 24 months
= $1,350
Answer:
An elevator pitch, elevator speech, or elevator statement is a short description of an idea, product, or company that explains the concept in a way such that any listener can understand it in a short period of time.
A good credit score<span> is what each of us aspires to. After all, a credit score is one of the important determining factors when it comes to borrowing money – and getting a low rate when you do. But trying to pin down a specific number that means your credit score is “good” can be tricky. </span>
Answer: $200000
Explanation:
It should be noted that the amount of gain that'll be excluded from the gross income under with respect to any sale should not be more than $250,000.
Therefore, the amount that'll be excluded based on this will be $200000. Therefore, the answer will be $200000.
