Answer:
Marjam's entry to record this transaction should include a c. Credit to Long-Term investments for $63,600.
Explanation:
Marjam investment in MacKenzie is a Financial Asset. A financial Asset is an obligation to receive cash.
Marjam will be paid a cash dividend based on the share of ownership it has in MacKenzie.
Share of Ownership = 63,600 shares/ 120,000 outstanding shares
= 53%
<u>Marjam's entry to record cash dividends is as follows </u>
Dividend = $120,000 × 53%
= $63,600
Debit : Bank $63,600
Credit : Long-Term investments $63,600
Answer:
true
Explanation:
its true because if you look at your computer it goes left to right ,top to bottom . Also because you can turn on your flipagram
Answer: Then correct answer would be D. 18,162.24
Explanation:To find this answer you must find the difference of good and bad credit score. This allows you to find the difference for the 4 year
EX: 819.20-440.82=378.38
378.38x12(months)=4,540.56
4,540.56x4(amount of years)=18,162.24
Answer:
Explanation: do your best and i hope you do good
Answer:
$25,800
Explanation:
The units-of-production deprecation method depreciates an asset based on the total units produced each year.
Unit of production depreciation expense = (units produced / total expected units of production) × (cost of asset - salvage value)
(64,500 / 300,000) x ($135,000 - $15,000)
0.215 x $120,000 = $25,800
I hope my answer helps you
