Answer:
$0
Explanation:
The computation of the reporting of the policy cars is shown below:
As we know that the policy cars are normally recorded and recognized as an expenditure in the funds of the government
Therefore the carrying value should be zero as the expenses amount is also not mentioned in the question so zero amount should be recognized and reported
Answer: Option B
Explanation: In simple words, physiology refer to that branch of biology which studies the functions of some living organisms and the functioning of their body parts.
In the given case, Rudolf has been suffering from high blood pressure and is also stressed about the future.
Thus, from the above we can conclude that he is demonstrating physiological symptoms.
Answer:
1. Apple Stocks Dr. $75,000
Deferred Donation Income Cr. $75,000
2. Apple Stocks Dr. $1,500
Gain on Apple Stocks Cr. $1,500
3. Cash Dr. $ 76,000
Gain/Loss on Apple stocks Dr.$1,500
Apple Stocks Cr.$76,500
Explanation:
1. when stocks are received subject to a condition that we can't recognize donation income. therefore it is recorded as liability. please note that deferred income is called as liability.
2. When value of stocks increase, asset stock of apple also increase by differential amount.
3. when asset is sold, the loss is recognized and assets are knocked off from books and cash asset is recorded.
Answer:
35000
A, d
Explanation:
Reserve requirement is the portion of deposit received by banks that the central bank requires to be kept as deposit.
If $3500 is deposited and reserve requirement is 10%
reserves would increase by $3500 x 0.10 = $350
Increase in the total value of checkable deposit is determined by the money multiplier
Money multiplier = amount deposited / reserve requirement
3500 / 0.1 = 35000
If the banks keep excess reserves, the amount of money available to be loaned out would reduce and this would reduce the increase in money supply.
Also, if individuals keep the money at home, it would reduce the amount of money that can be loaned out by banks