Answer:
Integrity
Explanation:
In the event of the integrity based morals code, there is a joining of the laws administering the Corporate with that of the administrative duty and responsibility that underlines on following up on moral way along these lines encouraging a strong domain and putting worry upon shared responsibility.
In integrity based morals codes, together all workers expected to consequently share the responsibility to act morally.
Answer:
The maturity value of certificate of deposit(CD) would be:
A = P 
wherein, A= Amount
P= Principal
r= rate of interest compounded annually
n= no of years to maturity
(a) two year investment plan:
$6000 (1 + .05) (1 + .05) = $6615
(b) five year investment plan:
= $6000 
= 6000 (1.2763) = $7657
(c) eight year investment plan:
= $6000 
= $6000(1.4774) = $8865 approx.
(d) twenty year investment = $6000 
= $6000 (2.6533) = $15,920 approx
The total damages is calculated by adding the damages and the cash grants:
1800 + 4000 + 56000 = 61800
The insurance company will cover according to the policy 50/100/10
1800(0.5) + 4000(1.0) + 56000(0.01) + 250 = 5710
The office furnishing will be responsible for the difference:
61800 - 5710 =$56,090
Answer:
The amount of net cash flow from investing activities that ion should report in its cash flow statement is $65,000.
Explanation:
A cash flow statement is one of the financial statements which will tell how changes in income statement and balance sheet accounts will affect the company's cash inflow and outflow. This statement will break down the analysis in to operating , investing and financing activities.
For taking out the net cash flow in investing activities, purchase activities are added and sale activities are subtracted and from the given information in the question , it is clear that both are purchasing activities, therefore
NET CASH FLOW FROM INVESTING = $25,000 + $40,000
= $65,000
Answer:
Debit Allowance for doubtful debts $1,200
Credit Accounts receivable $1,200
Being entries to write off uncollectible debt on December 1
Explanation:
When a company makes sales on account, debit accounts receivable and credit sales. Based on assessment, some or all of the receivables may be uncollectible.
To account for this, debit bad debit expense and credit allowance for doubtful debt. Should the debt become uncollectible (i.e go bad), debit allowance for doubtful debt and credit accounts receivable.
Where a debit that had previously been determined to have gone bad gets settled, debit cash and credit bad debt expense.
