Answer:
good hope you're doing great!
Answer:
$1,230,000
Explanation:
The computation of the amount included in the general and admin expense is shown below:
= Accounting and legal fees + Officer salaries + Half of rent
= $420,000 + $540,000 + (540,000 ÷ 2)
= $1,230,000
We simply added the accounting & legal fees, officer salaries and half rent so that the amount involved in general and admin expense could come
Answer:
$171,500
Explanation:
The computation of the depreciation expense for the year 2021 is shown below:
For accumulated depreciation
= ($604,000 - $64,000) × 3 years ÷ 9 years
= $180,000
Now the depreciation expense for the year 2021 is
= ($604,000 - $180,000 - $81,000) ÷ ( 5 years - 3 years)
= $171,500
Hence, the depreciation expense for the year 2021 is $171,500
Answer: https://www.investopedia.com/articles/pf/08/make-money-in-business.asp
If you look up "how to make business successful" it will bring up this website which shows "9 ways to make and keep a business successful." I hope this helps.
