Answer:
Cash 24,900 debit
Account Receivable 51,800 debit
Franchise fee revenue 74,700 credit
training services revenue 2,000 credit
Explanation:
The training services and the francise fee are separated revenues, so we have to use diferent account.
we are only given with the information of a initial payment, so the difference will part of account payable.
No information about the training being paid in cash, so we also assume this services were performed on account.
<span>The answer is "$100 of interest and $50 of the personal property tax".
</span><span>Mort paid $400 of interest on the van loan
and he paid personal property tax of $200
Now,
Interest = 25% of $400
=25/100 x 400 = 0.25 x 400
Interest =$100
personal property tax = 25% of $200
=25/100 x 200 = 0.25 x 200
</span>personal property tax = $50<span>
</span>
Answer:
Net market value of firm = $903,196
Explanation:
Items to determine the Market value of the firm are as below
Item Amount
Current value of building $1,440,000
Current value of equipment $467,000
Market value of inventory $205,000
Cash in hand $10,500
98% of debtors $220,696
Less: Owings -<u>$1,440,000</u>
Net market value of firm <u>$903,196</u>
The answer should be B) Online Conversation.
Why is it B) U may ask? Its B) because Wikipedia is a site with false answers because ANYBODY, I mean ANYBODY, can just edit it themselves with probably true information, or even MORE likely false because anybody can change the stuff on there.
Answer:
adverse event, incident
Explanation:
contingency planning is referred to as the planning for unexpected events. The main focus behind inducing Contingency planning is to restore the normal position without disrupting business operations.
An incident response plan is induced to take action against the incident while the Disaster recovery plan is used to restored business operation after incident occurred.
