Answer:
Journal entries for ABC Store's
inventory 38,000
account payable 38,000
to record purchase of 2,000 books
account payable 1,900
inventory 1,900
to record return of 100 damaged books
Explanation:
Requirement 1 journalize ABC Store's
We need to journalize base on ABC store. Assuming perpetual inventory.
ABC purchased 2,000 books at $19 each total 38,000
we increase our inventory for the amount purchased and also declare the liability, as those book were not paid right away
later it return 100 books the cost is $19 each total 1,900
this decrease the ammount due to Rainforest and also decrease the inventory
Answer:
This is the Epansionary Monetary Policy
Explanation:
Answer:
$4,522
Explanation:
As the restaurant is not acquired so the amount of $28,000 would be non-deductible
Also if the expenses is incurred so the maximum deduction allowed is in excess of $50,000 is $5,000
Now
= $51,000 - $50,000
= $1,000 reduction
And,
= $5,000 - $1,000
= $4,000 deduction
Now
= $51,000 - $4,000
= $47,000
Now
= $47,000 ÷ 180 months
= $261 × 2 months
= 522
Now total deduction is
= $4,000 + $522
= $4,522
INVESTING IS THE CORRECT ANSWER ]
Answer:
institutional
Explanation:
Institutional advertising refers to advertising that shows the benefits and ideals or an organization. It does not focus on any particular product or service, instead its main goal is to build a positive image of the organization within the community. Many times institutional advertising is done when the organization has suffered from a serious of events that have damaged its reputation and it needs to improve it.
