Answer:
5341288
Explanation:
Data provided in the question:
Volume of the living quarters = 213 cubic feet
Now,
The dimensions of the US dollar bills are
width = 2.61 inches
Length = 6.14 inches
Thickness = 0.0043 inches
Thus,
Volume of a single dollar bill = 2.61 × 6.14 × 0.0043
= 0.06890922 cubic inches
Also,
Volume of quarter in cubic inches = 213 × 12³
[ ∵ 1 ft = 12 inches ; 1 ft³ = 12³ cubic inches]
Thus,
Volume of quarter in cubic inches = 368064 cubic inches.
Thus,
Number of dollar bills that can fit in there
= [ Volume of quarter in cubic inches ] ÷ Volume of a single dollar bill
= 368064 ÷ 0.06890922
= 5341288.15 ≈ 5341288
Answer:
The entry is not required because the outcome is reasonably possible, not certain or probable. So IAS 37 says that the liability must not be recognized as the outcome is not reasonably certain or probable.
Explanation:
The liability must be included in the financial statement only if the outcome is certain or probable. In this scenario, the outcome is reasonably possible but neither certain nor probable in this situation. So the entry in the financial statement is not required. If the liability is of a huge amount then IAS 37 says that their must be a disclosure in the financial statement notes about the lawsuit.
Answer:
d. $38.00
Explanation:
The computation of the overall Belinda expense for the week is shown below:
= Bus fare expense + lunch out expense + hair cut expense + movie rental expense
= $8.70 + $7.35 + $16 + $5.95
= $38
We have added all the types of expenses that are provided in the case i.e. bus fare, lunch out, hair cut and movie rental expenses.
Answer:D.both parties to the contract agree on the contract terms
A.bargained-for exchange of value to the parties
C.parties' negotiated understanding of terms and intent that lead to the contract
B. the subject matter of the contract does not violate law or public policy
Explanation:D A C B 1.consideration
D A C B 2.mutal Acceptance
D A C B 3. Legality
D A C B 4. Agreement
Answer:
Bad debts expenses Debit $ 11,750
Allowance for uncollectible receivables Credit $ 11,750
Explanation:
The allowance for uncollectible accounts receivables balances are calculated as a percentage of the receivable balance.
The receivable balances as at December 31, 2018 is
Services provided on account $ 154,000
Cash collections received <u>$ 107,000</u>
Receivables from services uncollected <u>$ 47,000</u>
Estimated percentage considered uncollectible 25 %
Allowance for uncollectible accounts $ 47,000 * 25 % = $ 11,750
