Monopoly - The city council is the only mandated entity with the powers of implementing laws including through the use of violence, as prescribed by the local and state legislatures. However, the council has the discretionary privilege when it comes to dealing with different situations on the ground. The city council is also responsible for setting taxes paid for its services.
Answer:
Warranty liability $2,128
Explanation:
680 phones sold x 5% x $76 per repaired phone = $2,584 total warranty liability
6 phones were repaired during the year x $76 = $456
remaining warranty liability = total estimated liability - money spent repairing phones during the year = $2,584 - $456 = $2,128
total outstanding warranty liability = $2,128
Since phone warranties last less than a year, the full amount should be recorded under current liabilities.
Answer: A. No capital gain or loss
Explanation:
From the question, we are informed that a customer buys $100,000 of 30 year corporate bonds with 20 years remaining to maturity at 95 and that the customer elects not to accrete the discount annually.
At maturity, the customer will have no capital gain or loss. This is because, in this case, the bond has already been held to maturity and discount have therefore been accreted. There won't be capital loss or gain since the bond will noe to redeem at par.
Answer: (A) List the account names and numbers of the business.
Explanation:
The chart of the account is basically a listing of name of an account in which the company identified availability for the recording transaction in the general ledger. The company has high flexibility for tailor its both chart of account and ledger for its need and including accounts according to its particular needs.
The charts of the accounts has large and complex as company itself. The organization chart properly serve the outline for the accounting for the chart of account and the number of business.
Answer:
Look at explanation.
Explanation:
If they make music at guitar piano and harmonium then their music will be best .
They can earn money if they have soft voice with nice tune of music.
