1. Annual percentage rate
2. Secured card
3. Cash advance
4. Balance transfer
I hope this helps!
The complete question is as follows:
Harding Corporation acquired real estate that contained land, building and equipment. The property cost Harding $1,330,000. Harding paid $315,000 and issued a note payable for the remainder of the cost. An appraisal of the property reported the following values: Land, $333,000; Building, $990,000 and Equipment, $657,000. (Round your intermediate percentages to the nearest whole number: i.e 0.054231 = 5%. Do not round any other intermediate calculations.)Assume that Harding uses the units-of-production method when depreciating its equipment. Harding estimates that the purchased equipment will produce 1,040,000 units over its 5-year useful life and has salvage value of $17,000. Harding produced 269,000 units with the equipment by the end of the first year of purchase.Which amount below is
closest to the amount Harding will record for depreciation expense for the equipment in the first year?
A. $169,936
B. $165,538.462
C. $109,126
D. $88,460
Answer: B. $165,538.462
Explanation
Formula: Depreciation expense = step a
(cost of asset - salvage value)/estimated total units produced
step b = (step a) x actual units produced
step a = (65-17000)/1040000
= step a x 269000 = $B. $165,538.462
Answer:
100 items need to be counted each day.
Explanation:
Of the 6,800 items, 544 are A items (0.08 * 6,800), 2,244 are B items (0.33 * 6,800) and 4,012 are C items (0.59 * 6,800). If you want to count every day the same number of items, you have to divide the number of items A, B and C for the days between being counted twice. So, if you have to count each day a number of items A, the amount is 544/19 working days, that is 28.6315789. The same with B (2,244/60 = 37.4) and with C (4,012/118 = 34). Each day, you have to count 28.63 A plus 37.4 B plus 34 C. 28.63+37.4+34=100.03.
Answer:
(D) all of these.
Explanation:
Accounting errors do occur when making journal entries. In such a case, if one is spotted, corrections are usually done by an accounting staff who is more experience and they are done as soon as they are discovered to avoid forgetting. The errors should not be erased, however, the accountant draws a strikethrough on the erroneous entry and writes the correct one above the cancelled error. Therefore, all the choices given are correct.
