1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
KatRina [158]
3 years ago
7

a. Paid $40,000 cash to replace a compressor on a refrigeration system that extends its useful life by four years.b. Paid $200 c

ash per truck for the cost of their annual tune-ups.c. Paid $175 for the monthly cost of replacement filters on an air-conditioning system.d. Completed an addition to an office building for $225,000 cash.1. Classify the above transactions as either a revenue expenditure or a capital expenditure. 2. Prepare the journal entries to record transactions a and d.

Business
1 answer:
Nady [450]3 years ago
8 0

Answer:

Please see attachment

Explanation:

Please see attachment

You might be interested in
You invest $1,000 in a complete portfolio. the complete portfolio is composed of a risky asset with an expected rate of return o
stepladder [879]
<span>An investor invests 70% of her wealth in a risky asset with an expected rate of return of 15% and a variance of 5%, and she puts 30% in a Treasury bill that pays 5%. Her portfolio's .... To form a complete portfolio with an expected rate of return of 11%, you should invest ______ of your complete portfolio in Treasury bills.</span>
7 0
3 years ago
Paradise, Inc., has identified an investment project with the following cash flows. Year Cash Flow 1 $625 2 875 3 1,150 4 1,250
MissTica

Answer:

(a) If the discount rate is 11 percent, what is the future value of these cash flows in year 4?

To solve this problem, we must find the FV of each cash flow and add them.

To find the FV of a lump sum, we use:

FV = PV(1 + r)^t

[email protected]% = $625(1.11)^3 + $875(1.11)^2+ $1,150(1.11) + $1,250 = $4459

(b) What is the future value at a discount rate of 18 percent?

FV = PV(1 + r)^t

[email protected]% = $625(1.18)^3+ $875(1.18)^2+ $1,150(1.18) + $1,250 = $4852

(c) What is the future value at discount rate of 30 percent?

FV = PV(1 + r)^t

[email protected]% = $625(1.30)^3+ $875(1.30)^2+ $1,150(1.30) + $1,250 = $5597

5 0
3 years ago
Adam has $200 to spend and wants to buy either a new amplifier for his guitar or a new cell phone. Both the amplifier and the ce
nika2105 [10]

Answer:

people face trade offs

Explanation:

Because wants are unlimited and the resources used to satisfy those wants are limited, people have to face trade offs. these trades off are opportunity costs.

Opportunity cost or implicit is the cost of the option forgone when one alternative is chosen over other alternatives.

In this question, the wants are a cell phone or an amplifier. the resource is $200. If the amplifier is bought, the cell phone cannot be purchased. This is an example of a trade off

7 0
3 years ago
Who is the most famous person currently in 2020????
Dmitry [639]

Answer:

<em>Cristano</em><em> </em><em>ronaldo</em>

<em>Lionel </em><em>Messi</em>

<em>Donald </em><em>trump</em>

3 0
4 years ago
When you are creating Internet ads, what is something you should try to avoid?
Arturiano [62]
The correct answer is irritation or annoying possible consumers. 

Social media is today's news and networking; try as hard as you can to advertise there. 

There can never be too many ads. As I am answering this, two ads are above me and two ads are to my right. 

Click to sale is very efficient. 
3 0
4 years ago
Read 2 more answers
Other questions:
  • Earnhardt Driving School's 2008 balance sheet showed net fixed assets of $4 million, and the 2009 balance sheet showed net fixed
    10·1 answer
  • Banks Company sold merchandise on account for $35,000 with terms 2/10, n/30. The cost of goods sold was $27,600. If the invoice
    13·1 answer
  • On July 31, 2022, Blossom Company had a cash balance per books of $6,295.00. The statement from Dakota State Bank on that date s
    8·1 answer
  • When the Fed wants to expand the money supply through open market operations, it:______
    6·1 answer
  • If Avogadro's number of pennies is divided equally among the 321 million men, women, and children in the United States, how many
    7·1 answer
  • The following incorrect income statement was prepared by the accountant of the Axel Corporation:
    8·1 answer
  • In the market for financial capital, ________.a. those who demand financial capital receive interest on loans. b. those who supp
    5·1 answer
  • University Car Wash built a deluxe car wash across the street from campus. The new machines cost $213,000 including installation
    7·1 answer
  • Flow Company has provided the following information for the year ended December 31, 2019: Cash paid for interest, $25,000 Cash p
    11·1 answer
  • If a bank has a positive gap, an increase in interest rates will cause interest income to __________, interest expense to ______
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!