The correct answer is Choice B.
When a business makes a sale and expects to be paid in the near future it should be recorded as an Account Receivable. In this case the company will have a debit entry to Accounts Receivable and a credit entry to Service Revenue.
If you're applying for college, yes it is suggested to but your GPA but if its for a job no it's not really necessarily, but your your 18+ I would suggest you too if your under 18 Nope.
Hope this helped :)
Answer:
$570.91
Explanation:
For computing, the amount pay today for the annual membership we just need to apply the present value formula i.e to be shown in the attachment
Provided that
Future value = $0
Rate of interest = 11% ÷ 12 months = 0.916666%
NPER = 12 months
PMT = $50
The formula is shown below:
= PV(Rate;NPER;PMT;FV;type)
So, after applying the above formula, the amount paid today for the membership is $570.91
Answer:
a. Income from subsidiary will be lower by the amount of the ending inventory profit multiplied by the noncontolling interest percentage for downstream transfers.
Explanation:
When we transfer inventory from subsidiary to holding there will be some profit element included in cost. so when we consolidate the account of subsidiary to its holding at the time of reporting we should removed that unrealised profit included in the inventory.
Answer:
Option "B" is the correct answer to the following statement.
Explanation:
A coupon bond contract, also abbreviated to as a holder stock, is a debt with a stamp that also has tiny attachable vouchers. The vouchers grant the buyer the opportunity to make interest charges from the lender.
In a coupon bond, an investor gets the face value of the bond on maturity with a fixed interest payment.
