Determine the insurance rate amount per thousand
Answer:
cash 19,300,000 debit
unearned revenues 19,300,000 credit
unearned revenues 12,700,000 credit
sales revenues 12,700,000 credit
balance:
19,300,000 - 12,700,000 = 6,600,000 balance
Explanation:
the gift card will be considered a liaiblity as it generates an obligation to Apple to latter provide their services/goods.
Once the gift card are redeem the company is able to recognize revenue as it has provided the goods to the customers.
An economist calculates the GDP for one year using the expenditure approach by adding together all the amounts spent on final goods and services. This also includes investments, government consumptions and net exports.
The answer to the question would be choice A.
Answer:
Find the answer below in explanation
Explanation:
Gillock Climbing Academy Pension Expense for the year 2019 will be recorded as
Service cost ............................................. 600,000.00
Interest (600000 × 10%)................................60,000.00
plan assets (40000 from 2018 + 32000 interest + 400000 made in current year)............... 832000
Expected return Interest on plan asset (832000*8%) ........................................ 66,560.00
Pension Expense for the year ended December 31, 2019 = 600000 - (66,560.00 - 60000)
= 600,000−6,560
= $593,440.00
You can sell it later. if you lease, you are paying money for someone else's car. say you can buy a car for 20thousand or lease for 1000 per month. after 20months, you would have paid the exact same amount, except if you bought the car, you now have an asset tht can be sold.
