Answer: -$273,747.85
Explanation:
EAC of machine = Net Present Value / Present value interest factor of Annuity(PVIFA)
Net Present value = Present value of cashflow - Initial investment
= -26,300 * PVIFA, 12%, 5 years - 892,000
= -26,300 * 3.6048 - 892,000
= -$986,806.24
EAC of machine = -986,806.24/ 3.6048
= -$273,747.85
Answer:
$16,500
Explanation:
The computation of the deferred income tax liability for the year 2021 is shown below:
= Amount not included in tax return × enacted tax rate for 2022 year
= $66,000 × 25%
= $16,500
Simply we multiplied the amount not included with the enacted tax rate for 2022 year so that the correct amount could come
And, we ignored the other information given in the question
The answer would be a general ledger
Option A. Jessie has the idea for a new phone app so he spend his money to set up a business
