Answer: $1392
Explanation:
The depreciation rate under straight line is =1/5=0.2
The depreciation rate under double declining is = 0.2 × 2 = 0.4
Depreciation expense for the first year = 0.4 × $5800 = $2320.
At the beginning of year two, net book value = $5800 - $2320 = $3480
Depreciation expense for year two = 0.4 × $3480 = $1392
Answer:
The form of business organization in the United States which comprises about 18% are corporations.
Explanation:
According to the data presented in the attached figure it is clearly seen that the percentage of corporations in the United States is 18%. The percentage of Joint Ventures and Syndicates is a lot less while that of partnerships and sole proprietorships is higher.
Answer:
The non-partisan organization that has set the rules for U.S. presidential and vice presidential debates since 1987 is discussed below in details.
Explanation:
A non-partisan system is an arrangement of administration or organizations such that general and intermittent elections take place without relating to political parties. there are two types of Non-partisan organizations: De facto and De jure.
The commission of presidential debates was organized in the year 1987 to assure that the debates, as a constant part of every general election. The commission of presidential debate advocate and present debates for the United States presidential and vice-presidential candidate.
Answer:
d. Work-in-Process Inventory: Department no. 2.
Explanation:
The profuct is Transferred from Department 1 to Department 2. The cost in in the work in process of Department 1 which will be trasnferred to next department.
Following Journal entries will be recorded for this event.
Dr. Cr.
Work-in-Process Inventory: Department no. 2. xxx
Work-in-Process Inventory: Department no. 1 xxx
