Based on the purchase price of the equipment and the increase in annual income, the accounting rate of return is 60%.
<h3 /><h3>What is the accounting rate of return?</h3>
This can be found by the formula:
= Average annual income - Average investment
The average investment is:
= Purchase price / 2
= 25,000 / 2
= $12,500
The accounting rate of return is:
= 7,500 / 12,500
= 60%
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Answer:
The requirement of the question is below:
Post the transactions to T accounts. (Post entries in the order displayed in the problem statement.)
The postings of the transactions to t accounts are found in the attached
Explanation:
In doing the post , I have observed strictly the rule of double that the giving account be credited and the receiving account be debited.
Also,this could be done understanding that assets ,expenses and drawings should be debited when they increase and the reverse when there is reduction.
Besides, liabilities,capital and income should be credited when they increase and the reverse for the opposite.
Check the highlighted balances as well and note that the balances are named after the side with balance brought down.
Beginning of a rellationship
Answer:
Arizona Statute
<h3>
Who writes Arizona Revised Statutes?</h3>
- The laws in the Arizona Revised Statutes are passed by the Arizona Legislature, which consists of the Arizona House of Representatives and the Arizona Senate.
- The Arizona Revised Statutes adopted and enacted into law by this act, and as hereafter amended and supplemented and printed and published pursuant to sections 1-106, shall be known as Arizona Revised Statutes and
- It may be cited as "A.R.S." followed by the number of the title and the number of the section in the title.
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