Answer: See explanation
Explanation:
The amount of depreciation for the month of January using the straight line depreciation method will be:
= (Cost - Salvage Value) / Life of Assets / 12 Months
= ($64,800 - $0) / 6 Years / 12 Months
= $10800/12
= $900 per month
The adjusting entry for depreciation on January 31 will be:
Dr Depreciation Expense - Computer Equipment $900
Cr Accumulated Depreciation-Computer Equipment $900
(To record the depreciation expense)
Answer:
hey babe its matthew. tht was all a test to see wht ud do. im srry if i hurt u plz forgive me :(
Explanation:
I did some research on this a while ago, I'm pretty sure it's Breast Cancer.
Explanation:
The preparation of the bank reconciliation statement is presented below in the attachment.
As we know that
The Bank reconciliation works with the balance of the bank statement and the balance of the cash statement. The aim is to compare those two statements to allow the organisation to operate smoothly.
There are various transactions because of which the balance of the bank statement and the balance of the cash statement do not match. We change the transactions correctly to match those statements.
The bank error is
= $374 - $347
= $27
Answer and explanation:
Finance is the study of <em>banking, leverage, credit, capital markets, money, </em>and <em>investments</em> along with how they are used by individuals and companies. Many of the basic concepts in Finance come from Micro and Macroeconomic theories. One of the most fundamental theories is the time-value of money which essentially states that a dollar today is worth more than a dollar in the future.
When it comes to businesses, finance plays a key role because it determines how the project will be carried out in terms of money. Investors must come up with a plan not only for the expenditures incurred due to business activities but also to make a profit so the firm will have sustainability.
