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Alina [70]
3 years ago
8

Required Journal entry

Business
1 answer:
OverLord2011 [107]3 years ago
5 0

Mwlqlqmqnqn im not sure...

Explanation:

Nakwqqhthats

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As you read the business news, you come across an advertisement for a bond mutual fund – a fund that pools the investments fro
Alika [10]

Answer:

Follows are the solution to this question:

Explanation:

Follows are the two ways of describing its high return:

Firstly, the mutual fund is invested in pretty unstable debt and is reciprocating with greater yields for taking a risk.

Secondly, during every decrease in bond yields, the finance kept bonds so the income on stocks exceeded this same rate of interest significantly. Remember that bond costs skyrocket as interest rates drop as well as give the purchaser an investment income. Because once interest rates are now close to zero, it's also likely that they could increase as well as the owners would then lose their money. Its high return could be due to a drop in interest rates, and not only will it not be replicated, but the low or even low return will almost definitely be followed by either a rise in interest rates.

6 0
3 years ago
On January 1, Year 1, Jing Company purchased office equipment that cost $18,300 cash. The equipment was delivered under terms FO
Gnom [1K]

Answer:

equipment value 21,100

depreciation per year under striaght-line method: $2,860

Explanation:

All incurred cost needed to leave the equipment ready for use must be capitalized:

We should incluide

cost 18,300 + 2,800 freight-in cost = 21,100

\frac{Adquisition \: Value- \: Salvage \: Value}{useful \: life}= Depreciation \: coplete \: year

\frac{21,100 - 6,800}{5}= Depreciation \: coplete \: year

depreication per year: 2,860

5 0
3 years ago
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