Answer:
depreciation per year: 9,000
<u>operating income: </u> 41,000
Explanation:
Q: Adjusted the records to reflect the use of the cooktop.
Under straight-line the company will recognize the same amount of depreciation over the course of the assets life. At year-end the company will adjsut for the loss in value for the asset generated for the past of time.
depreciation per year: 9,000
<u>operating income:</u>
revenues 72,000
salaries expense: (25,000)
depreciation per year: (9,000)
total 41,000
Answer:
A) It is subtracted from the Bonds Payable balance and shown with long-term liabilities on the balance sheet
Explanation:
The discount on Bonds payable, as their name implies, decrease the Bonds Payable carrying value. A bond with discounts, was issued at a lower price than his face value. The discount on bonds represent that difference.
It takes amortization while the time past, until at maturity, their balance is zero, to represent the reality, the obligation for the company is for the face value, so the carrying value of bonds payable should equal the face value.
Last, because the bonds are due in ten-year their place is the long-term liabilities. As their obligation are not within the 12 month period to qualify as short-term
Answer:
A. True
Explanation:
For accepting the payment by credit card or by debit card, the online merchant i.e online seller by whom the individual buys the products online.
The online merchant has an agreement with the merchant account and the bank or financial institution so that the individual can able to pay the amount through online mode to the online merchant and in the same time, the amount is deducted from the individual bank account after placing the order
The net cash flow is <u>A. $290.</u>
<h3>What is net cash flow?</h3>
The net cash flow is the difference between the cash inflows and the cash outflows. It can be positive or negative. When the cash inflows are greater than the cash outflows, the net cash flow is positive. The opposite is the case when the cash outflows exceed the cash inflows.
<h3>Data and Calculations:</h3>
- Total Cash Inflows = $2,040
- Total Cash outflows = $1,750
- Net cash flows = $290 ($2,040 - $1,750)
Thus, the net cash flow based on the spreadsheet is <u>A. $290.</u>
Learn more about the net cash flow here: brainly.com/question/4326360
