Answer:
a. credit to Cash for $63,316.
Explanation:
Given;
Pension contribution by GL Inc. percentage = 11%
Salaries for the period = $575,600
Amount to be contributed = 11% × $575,600
= $ 63,316.00
To account for this, the required journal would be
Debit Pension Expense $ 63,316.00
Credit Cash account $ 63,316.00
The right option is a. credit to Cash for $63,316.
Answer:
the marketing mix variable—place
Explanation: this easy bc u just see what the variablie to the mix is times that
Answer:
jul-01 Prepaid expenses 13.620
jul-01 Cash 13.620
dec-31 Insurance policy expense 2.270
dec-31 Prepaid expenses 2.270
Explanation:
Paid 1-jul 13620
Three Years 13.620 36 months
Monthly 378 month
Current Year 2.270 6 months
jul-01 Prepaid expenses 13.620
jul-01 Cash 13.620
dec-31 Insurance policy expense 2.270
dec-31 Prepaid expenses 2.270
Answer:
ROI 87.5%
Explanation:
Return on Investment = return /investment
Total return
50,000 perating income + 20,000 residual income = 70,000 income
The asset could been adquire on lease or through liabilities, this is not investment. The investmetn made is the one done by the shareholders.
Stock Holders equity = investment = 80,000
The shareholders invest this amount to generate
70,000 dollars of return
ROI 70,000/80,000 = 87.5%
Increased taxes are not a result of the federal government spending more
than it earns. The correct answer between all the choices given
is the last choice. I am hoping that this answer has satisfied your query and
it will be able to help you in your endeavor, and if you would like, feel free
to ask another question.
