Answer:
Journal Entry
General Ledger Dr. Cr.
Cash $7,085
Sales Tax Payable $585
Sales $6,500
Explanation:
Sales tax is the amount of tax collected by the business on the taxable sales from customers on behalf of government and pay it to government after that. Sales tax will be included in the cash received from the customer and recorded as the payable for the business.
Sales Value = $6,500
Sales Tax = 9%
Sales inclusive of Sales tax = $6,500 x 109% = $6,500 x 1.09 = $7,085
Answer:
Explanation:
The adjusting entry for interest expense is shown below:
Interest expense A/c Dr $1,134
To interest payable $1,134
(Being interest expense is adjusted)
The interest expense is computed by
= Note payable amount × interest rate × (number of months in a year ÷ total number of months in a year)
= $75,600 × 9% × (2 months ÷ 12 months)
= $1,134
The two months is computed from the November 1 to December 31
The steps of the DG pickup process which are put into the correct order are as follows:
- Download and Install the DG application
- Make enquiries on whether the particular store makes use of DG pickup
- Make an order and reserve a time slot
- Add the items to the virtual cart
- Put the digital coupons of the DG pickup
- Checkout
<h3>What is a Pickup Service?</h3>
This refers to a type of service which is used to deliver goods from one location to a customer at his preferred location.
With this in mind, we can see that the correct steps of making use of online pickup service such as DG pickup is shown as there needs to be the installation of the app, then to add the items to the cart and finally checkout.
Read more about pickup services here:
brainly.com/question/6855095
Answer:
Interest expense 2894.7 debit
discount on Bonds Payable 394.7 credit
cash 2500 credit
Interest expense 2906.55 debit
discount on Bonds Payable 406.55 credit
interest payable 2500 credit
Explanation:
We have to solve for the 2013 year which is one year after the issuance ofthe bonds.
We solve for the bond issuance price and then, we construct the bonds schedule and take the numbers from period 3 and 4.
Issuance proceeds: present value fo the coupon payment and maturity at market rate:
C 2,500.000
time 10
rate 0.03
PV $21,325.5071
Maturity 100,000.00
time 10.00
rate 0.03
PV 74,409.39
PV c $21,325.5071
PV m $74,409.3915
Total $95,734.8986
Now we will calcautlethe interest expense by multiplying carrying value by the market value and sutract from the cash outlay to determinate the amortization on the bonds.
Answer:
When writing a cover letter, you should:
introduce yourself
mention the job (or kind of job) you're applying for (or looking for)
show that your skills and experience match the skills and experience needed to do the job
encourage the reader to read your resume
finish with a call to action (for example, asking for an interview or a meeting).
Keep it short. A cover letter is meant to be a summary of your resume, so don’t write more than one page.
