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Answer:
the interest rate that should be determined the capitalized interest is 8.57%
Explanation:
The computation of the interest rate that should be determined the capitalized interest is shown below;
= $6,000,000 ÷ ($6,000,000 + $8,000,000) × 0.08 + $8,000,000 ÷ ($6,000,000 + $8,000,000) × 0.09
= 0.0857
= 8.57%
Hence, the interest rate that should be determined the capitalized interest is 8.57%
The same would be considered
Answer and Explanation:
Given that
Drawings by owner for $1,500
The journal entry is
Drawing Dr $1,500
To cash $1,500
(being the amount withdrawn is recorded)
a. Here the two accounts are affected one is drawings account and the second one is the cash account
b. The drawing is the equity account while the cash is the asset account
c. The drawing account is increased and the cash account is decreased
d. The drawing account is debited and cash account is credited
Answer:
for me its A.biometric authentication
not sure
correct me if im wrong
Answer:
The anticipated collections for August are $1024800
Explanation:
Based on the past experience part, the cash inflows for August will include 8% of June's sales collection, 20% of July's sales collection and 70% of August's sales collection.
Thus, the anticipated collection for August will be:
- 8% of June' sales = 854000 * 0.08 = 68320
- 20% of July's sales = 1195600 * 0.2 = 239120
- 70% of August sales = 1024800 * 0.7 = 717360
Total anticipated collection-August = 68320 + 239120 + 717360 = $1024800