Sanitizing a surface is defined as the process of

Kwik taxi service uses the units-of-activity method in computing depreciation on its taxicabs. Each cab is expected to be driven

zimovet [89]

Answer:

Explanation:

Depreciation cost :

2016: expected useful life

Cost - salvage value X usage

= 140,000

24,300-700

=5.93*28,000 = $166,101.69

2017: expected useful life

Cost - salvage value X usage

= 140,000

24,300-700

=5.93*33,000 = $195,762.71

Depreciation Expense:

2016: (cost-salvage value)*actual activity performed

total estimated useful life

= (24,300-700)*28,000

140,000

=$4,720

2017: (cost-salvage value)*actual activity performed

total estimated useful life

= (24,300-700)*33,000

140,000

=$5,562.86

6 0

3 years ago

Manual simulation is limited because of the amount of real time required to simulate even one trial.

Alex73 [517]

It's true
hope it's help:)

3 0

3 years ago

Read 2 more answers

A corporation has a $500,000 beginning balance in retained earnings. its net income for the year was $200,000. sales revenue amo

natta225 [31]

Given:
$500,000 beg. balance in retained earnings.
$200,000 net income for the year
$1,000,000 sales revenue
$100,000 dividends declared and paid by year-end

Retained earning is the amount left from net income after dividends have been paid. In the given data, sales revenue is not included in the Retained earnings report. It is reflected in the Income statement which generates the Net income.

Retained Earnings, beg. balance 500,000
Add: Net Income for the year 200,000
Total 700,000
Less: Dividends declared and paid this year (100,000)
Retained Earnings, end balance 600,000

6 0

3 years ago

WILL NAME BRAINLIEST IF SOMEONE CAN HELP!!!

AveGali [126]

Answer:

Demand.

Explanation: Because the demand is how much or what they want while supply is how much they can give.

5 0

3 years ago

Apple Inc. is the number one online music retailer through its iTunes music store. Apple sells iTunes gift cards in $15, $25, an

Leya [2.2K]

Answer and Explanation:

The Journal entries are shown below:-

1. Cash Dr, $19,200,000

To Deferred revenue $19,800,000

(Being receipt of cash for gift cards is recorded)

2. Deferred revenue Dr, $12,200,000

To Sales revenue $12,800,000

(Being revenue recognized from the redemption of gift cards is recorded)

3. The computation of ending balance in Deferred revenue is shown below:-

Ending balance in Deferred revenue = Sold apples - Redeem amount of the gifts

= $19,200,000 - $12,200,000

= $7,000,000

7 0

3 years ago