If the government levies a $5 tax per ticket on buyers of NFL game tickets, then the price paid by buyers of NFL game tickets wo
1 answer:
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Please see attached image to see the given data.
The trial balance totals of the debits and credits are $2,250 debit, $2,250 credit.
<span>$1000 (cash) +
$500 (Equipment) + $750 (Salaries Expense) = $2,250 Debit
$350 (Accounts Payable) + $900 (Capital) + $1000 (Service Fees) = $2,250 Credit</span>
Answer:
The appropriate solution is:
(a) $3150
(b) $4200
Explanation:
According to the question,
(a)
The exchange loss will be:
=
=
= ($)
(b)
The exchange loss will be:
=
=
= ($)