Answer:
correct option is A. $5,087
Explanation:
given data
March 1, 2016, inventory: 1,000 gallons @ $7.20 = $7,200
Purchases amount Sales
Mar. 10 600 gals @ $7.25 4350 Mar. 5 400 gals
Mar. 16 800 gals @ $7.30 5840 Mar. 14 700 gals
Mar. 23 600 gals @ $7.35 4410 Mar. 20 500 gals
Mar. 26 700 gals
total 3000 @7.267 21800
cost of good sold 2300 @ 7.267 16714
so
balance is = 3000 - 2300 = 700 @ 7.267
ending inventory is $5087
so correct option is A. $5,087
Answer:
$13,500
Explanation:
Bartley's gross income should include only two items:
- income from rent paid directly to a bond holder
- income from rental property in a sinking fund
2019 gross income = $8,000 + $5,500 = $13,500
The net gains or losses associated to the selling or rebuying of stocks are considered capital gains or losses, and they are taxed differently than gross income.
Answer:
I drew the production possibilities frontier curve for both nations, A and B, and attached it.
Explanation:
Answer:
Decrease (debit) in equity, Cash Dividends Payable (credit, liability account)
Explanation:
The journal entry to record the declaration of the cash dividends involves a decrease (debit) to Retained Earnings (a stockholders' equity account) and an increase (credit) to Cash Dividends Payable (a liability account).
(opentextbc.ca)
