Answer:
Letter of Credit is the correct answer.
Explanation:
Answer:
The amount of depreciation expense the lessee should record for the first year of the lease is $108,000
Explanation:
To calculate the depreciation expense for each year the first thing you have to do is to substruct from the initial value the fair value at the end fo the lease, obtaining this way the depreciable amount.
For this case it would be:
$810,000 - $270,000= $540,000
Then you have to divide the depreciable amount by the years of the term the lease.
$540,000/5= $108,000
1. Leadership skills
2. Ability to handle money
3. Ability to operate equipment safety
4. Organizational
So tyler company gets new customer which purchase 20% of the production whcih company sales during business year with th 40% discount.
Answer:
The 3 represents the percentage of cash discount. It means the cardholder will receive a 3% discount if the bill is paid within 15 days from the billing date.
