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faust18 [17]
3 years ago
13

Amortization is:Select one:A. The process of allocating to expense the cost of a plant asset to the accounting periods benefitin

g from its use.B. The systematic allocation of the cost of an intangible asset to expense over its estimated useful life.C. The process of allocating the cost of natural resources to periods when they are consumed.D. An accelerated form of expensing an asset's cost.E. Also called depletion.
Business
1 answer:
Anvisha [2.4K]3 years ago
4 0

Answer:

The correct answer is option B.

Explanation:

Amortization is a technique used in accounting. It involves the process of spreading payment over multiple periods. In accounting, amortization refers to the allocation of the cost of intangible assets over its lifetime.

For instance, amortization of a loan means spreading the interest and principal of the loan over its lifetime. It means fixed monthly payments of interest and principal.  

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valina [46]

Answer:

injuries

Explanation:

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2 years ago
A firm has $3,600,000 in its common stock account and $36,000,000 in its paid in capital accountThe firm issued 450,000 shares o
butalik [34]

Answer:

the issue price is $88 per share

Explanation:

The computation of the issue price is shown below:

= (Common stock + paid in capital) ÷ (Number of common shares issued)

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2 years ago
In the month of November, Carla Vista Co. Inc. wrote checks in the amount of $9,565. In December, checks in the amount of $11,46
liberstina [14]

Checks written in November $9,750

Less: Checks paid by bank in November $8,800

Checks outstanding at the end of November $950

Add: Checks written in December $11,762

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Checks outstanding at the end of December $1,823

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3 years ago
Lance’s Diner has a hot-lunch special each weekday and Sunday afternoon. The cost of food and other variable costs for each meal
Bumek [7]

Answer:

(a) $700

(b) $5.50

Explanation:

Weekly fixed costs = $6,000

Weekly Total meals = Average customers per day × No. of days

                                 = 500 × 6

                                 = 3,000

Fixed cost per meal = Weekly fixed costs ÷ Weekly Total meals

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                                  = $2

(a) Lowest price in total = Number of customers × Variable costs for each meal

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                                       = $700

(b) Lowest price = Variable costs for each meal  + Fixed cost per meal

                           = $3.50 + $2

                           = $5.50

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3 years ago
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hmmm...let me see......oh....free free free....free free....um...free?

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