Answer:
Nicole has profit $400 ....,.............
The amount that it should budget for total expenses is: $456,103.
<h3>Budgeted total expense</h3>
Using this formula
Total expenses=(Yearly sales×38%)+ (Yearly sales×24%)
Let plug in the formula
Total expenses=$279,547+$176,556
Total expenses=$456,103
Therefore the correct option is A.
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Answer:
Given that,
Value of bonds issued = $100,000
Maturity period = 10 years
Bonds were issued at face value.
Interest rate = 8%
Interest is paid once per year on December 31.
Since, the bonds are issued at the face value, so there would be no premium or discount on the issue of bonds.
The cash is received by the company for issuing bonds and it is debited. We know that bonds are a part of liabilities, so they are credited
Therefore, the journal entry is as follows:
Cash A/c Dr. $100,000
To bonds payable $100,000
(To record the issuance of bonds)
I'd say fasle. many people now and days change jobs bc they arent what they thought it would be