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3 years ago

The development of kidney failure becomes more prevalent with age; therefore, the amount of _______ in the diet must be reduced.

1 answer:

5 0

The development of kidney failure becomes more prevalent with age; therefore, the amount of protein in the diet must be reduced.

People with chronic kidney disease or kidney failure will face a dilemma with protein consumption because they can't remove the protein waste in the kidney. The protein will pollute the blood if kidney can't remove it.

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On January 22, Zentric Corporation issued for cash 342,000 shares of no-par common stock at $20. On February 14, Zentric issued

Iteru [2.4K]

Answer:

Journal Entries

January 22

Dr. Cash $6,840,000

Cr. Common stock $6,840,000

February 14

Dr. Cash $720,000

Cr. Preferred stock $720,000

August 30

Dr. Cash $2,635,000

Cr. Preferred stock $2,480,000

Cr. Paid in capital excess of par-Preferred stock $155,000

Explanation:

January 22

Common Stock = Numbers of shares issued x Issue price per share

Common Stock = 342,000 shares x $20

Common Stock = $6,840,000

February 14

Preferred stock = Numbers of preferred shares x Price per preferred share

Preferred stock = 9,000 shares x $80 per share

Preferred stock = $720,000

August 30

Cash Received = Numbers of shares x issuance price = 31,000 x $85 = $2,635,000

Cash Received = Numbers of shares x par value = 31,000 x $80 = $2,480,000

Paid in capital excess of par = $2,635,000 - $2,480,000 = $155,000

7 0

3 years ago

On July 1 of the current calendar year, Plum Co. paid $8,900 cash for management services to be performed over a two-year period

Iteru [2.4K]

Answer:

A debit to an expense and a credit to a prepaid expense for $2,225

Explanation:

As plum company paid $8,900 for 2 years contract on July 1, the number of months expired at the end of the December 31 was 6 months (July to December).

When the company paid for that prepaid expense for 2 years (24 months), it recorded -

July 1 Prepaid expense (Debit) $8,900

Cash (Credit) $8,900

As the accounting period ended on December 31, the expense expired for six months

Therefore, 6 months expense = $8,900 ÷ (6 × 24)

6 months expense = $2,225

Whenever the advance expense expired, the expense becomes debit and the asset (Prepaid expanse) will become a credit.

Debit expense $2,225

credit prepaid expense $2,225

Therefore, option A is correct.

7 0

3 years ago

MC Qu. 17 Tower Company planned to produce 3,000 units... Tower Company planned to produce 3,000 units of its single product, Ti

zmey [24]

Answer:

From the list of options, Option A is the only correct one:

"the actual usage of materials was less than the standard allowed".

Explanation:

Material usage variance

A material usage variance occurs when the standard quantity required to active a particular level of production is higher or lower than than the actual actual quantity used. A favorable variance would mean than less quantity of materials were used than the standard to achieve a given output level. And an adverse variance would mean the opposite.

Material price variance

A material price variance occurs where materials are purchased at a price either lower or higher than the standard price. A favorable variance is recorded where the actual total cost of materials is lower that the standard cost. While an adverse variance implies the opposite.

From the list of options, Option A is the only correct one

3 0

3 years ago

Your job pays you only once a year for all the work you did over the previous 12 months. Today, December 31, you just received y

prohojiy [21]

Answer:

The money will you have on the date of your retirement 45 years from today is $4,465,480.95

Explanation:

In order to calculate the money that you will have on the date of your retirement 45 years from today we would have to calculate the following formula:

money that you will have on the date of your retirement 45 years from today=PV(1+r)∧n

To calculate the PV first we need to calculate the deposit amount as follows:

deposit=5%*($57,000+($57,000*6%)

deposit=$3,021

Hence, PV would be calculated as follows:

PV=$3,021*(1-(1+6%/1+10%)∧45/10%-6%

PV=$3,021*1-(0.9636363636)∧45/10%-6%

PV=$3,021*0.81116038/0.04

PV=$61,262.88

Therefore, money that you will have on the date of your retirement 45 years from today=$61,262.88*(1+10%)45

Therefore, money that you will have on the date of your retirement 45 years from today=$4,465,480.95

The money will you have on the date of your retirement 45 years from today is $4,465,480.95

5 0

3 years ago

When journalizing a transaction, a short explanation may be written A : on the line following each journal entry. B : at the bot

larisa [96]

Answer:

The correct answer is letter "A": on the line following each journal entry.

Explanation:

Brief descriptions can be added after each entry of the journal whenever necessary. The note must be included in the next line of the entry that might need extra explanation or clarification. Accuracy is relevant for accounting purposes since companies tend to be audited and they must demonstrate their transactions are transparent.

4 0

3 years ago