I would mark it as A, True. B/C of how easy it is to get addicted and harm yourself.
Answer:
The present worth of all costs for the newly acquired machine is determined to be $131,097.89.
Explanation:
Note: See the attached excl file for the calculation of the present worth of all costs for the newly acquired machine (in bold red color).
In the attached excel file, the following formula are used:
1. From Year 6 to Year 13, Annual operating cost for the current year = Annual operating cost for the previous year * (1 + Growth rate) = = Annual operating cost for the previous year * (1 + 10%)
2. Discounting Factor = 1 / (1 + r)^n .............. (1)
r = interest rate per year = 10%, or 0.10
n = each particular year being considered
From the attache excel, the present worth of all costs for the newly acquired machine is determined to be $131,097.89.
True, if you charged a fee for the service, you could afford better speeds, but less people would use it.
Answer:
Note: The full question is attached below
S/No Accounts titles and Explanation Debit ($) Credit ($)
A. Accounts receivable 5,200
Service revenue 5,200
(To record the service revenue)
B. Cash 3,100
Service revenue 3,100
(To record the service revenue)
C. Cash 1,500
Unearned service revenue 1,500
(To record the advance received for the services to be provided)
D. Cash 4,600
Accounts receivable 4,600
(To record the collection of amount)
E. Rent payable 1,100
Cash 1,100
(To record the payment of bill)
F. Rent expense 1,200
Rent payable 1,200
(To record the accrual of rent expense)