Answer:
I used an excel spreadsheet because there is not enough room here.
Explanation:
Answer:
Explanation:
The journal entries are shown below:
1. Petty cash A/c $1,100
To Cash A/c $1, 100
(Being the petty cash fund is established)
2. Office supplies A/c Dr $614
Miscellaneous selling expense A/c Dr $200
Miscellaneous administrative expense A/c Dr $145
Cash short and over A/c $26
To Petty cash A/c $985
(Being the expenses are recorded)
The Cash short and over is computed below:
= $1,100 - $115- $614 - $200 - $145
= $26
Answer:
$5837 approx
Explanation:
Amount = 
Amount deposited at the end of year 1 would yield = $2500
= $2500 × 1.41158 = $3528.95
Amount deposited at the end of year year 3 would yield = $750
= $891.075
Amount deposited at the end of year 4 would yield = $1300
= $1417
Total deposit at the end of year 5 = $3528.95 + $891.075 + $1417 = $5837 approx.
Answer:
Future Value= $158,475.64
Explanation:
Giving the following information:
He saves $500 per month for 15 years and earns 7% by investing in the stock market through an index fund.
I assume we have to determine the value of the investment at the time of retirement.
<u>We need to use the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= monthly deposit= 500
n= 15*12= 180
i= 0.07/12= 0.005833
FV= {500*[(1.005833^180) - 1]} / 0.006833
FV= $158,475.64
I would say people who do light steel usually redu things and carpenters can build at structure from scratch. And light steel specialists usually just work with light steel as those who are carpenter specialists usually work with many products.
I hope this helped.