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STatiana [176]
2 years ago
10

On January 1, 20X5, Blaugh Co. signed a long-term lease for an office building. The terms of the lease required Blaugh to pay $1

0,000 annually, beginning December 30, 20X5 and continuing each year for 30 years. The lease qualifies as a finance lease. On January 1, 20X5, the present value of the lease payments is $112,500 at the 8% interest rate implicit in the lease. In Blaugh's December 31, 20X5 balance sheet, the finance lease liability should be

Business
1 answer:
umka2103 [35]2 years ago
4 0

Answer

The answer and procedures of the exercise are attached in the following image.

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

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Which market structure has a single company or seller in a market with many barriers to entry
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Answer:

Monopoly

Explanation:

Monopoly is a form of market structure when a particular company dominate the market of a particular product leaving room for little or no competition.

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The government may pass laws to promote
Leviafan [203]

Answer:

economic strength.

Explanation:

6 0
3 years ago
The following totals for the month of June were taken from the payroll register of Ford Company. Salaries and wages $40,000 FICA
disa [49]

Answer:

Debit to Salaries and Wages Expense for $40,000

Explanation:

Based on the information given we were told that Salaries and wages was the amount of $40,000 which means that The Appropriate journal entry to record the monthly payroll on June 30 would include a DEBIT TO SALARIES AND WAGES EXPENSE FOR $40,000

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(To record monthly payroll)

7 0
2 years ago
If the Administrator were examining the actions of a particular agent to determine whether the agent engaged in churning a clien
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Answer:

C) the client's objectives, financial resources, and the character of the account

Explanation:

While at the time of examining the actions of a specific agent by the administrator with respect to the commission earned would be depended upon the objective of the client, his financial resources,and the character of the account.

The character of the account represents the type of account in which the client is interest as different accounts have different commissions

So these three above objectives should be required

Hence, the option c is correct

7 0
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Suzanne is excited about a black friday sale in which big-screen tvs are advertised for only $400. however, when she gets to the
mel-nik [20]

Answer:

Bait and Switch

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8 0
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