Answer:
$40,000.
Explanation:
Given that Charco purchased a franchise from Burger Master on January 1, 2021, for $240,000
Useful life of Franchise = 6 years
Cost = $240,000
Yearly amortization expense = cost/useful life
= $240,000/6
= $40,000
The amortization expense for the year ended December 31, 2021 is $40,000. This is the yearly charge to p/l for the Franchise.
From the illustrated description of Charlie’s job in his company, it is clear that Charlie’s role in the company is working as a public relations manager.
A public relations manager is responsible for maintaining a favorable image of their clients, be it individuals, or in Charlie’s case, a company. This include dealing with the media, holding press conferences, and writing press releases.
Answer:
Corrected Trial Balance
Particulars Debit Credit
Cash $10,900
Account receivable $14900 (6700+8200)
Office supplies $2400 (1000+1400)
Prepaid insurance $4100 (300+3800)
Equipment $83000
Account payable $4800 (3400+1400)
Notes payable $45000
Trumball common stock $57000
Trumball dividend $3200 (5000+200-2000)
Service revenue $16450 (12350+4100)
Salaries expense $3700 (4400-700)
Rent expense $750
Advertising expense <u>$300 </u> <u> </u>
Total <u>$123,250</u> <u>$123,250</u>
<span>speed, position, a clear line of sight.
when a line of sight is interrupted it means that there should be a change in speed and position in order to maintain the situation safe until the line of sight is clear again, as well as to actually re-establish that line of sight again. A clear </span>line of sight is what you can see of your path of travel from your vehicle to where you're heading.
