What steps will add a totals row to a database? Use the drop-down menus to complete them.

Blue Spruce Corp. purchased equipment for $17400 on December 1. It is estimated that annual depreciation on the computer will be

Paul [167]

Answer:

a. debit Depreciation Expense $ 290

credit Accumulated Depreciation $ 290

Explanation:

The depreciation has to be calculated for the month of December i.e one month.

The annual depreciation per the question is $ 3,480 so the monthly depreciation expense is $ 290.

The depreciation expense account is debited, and the credit is to accumulated depreciation account. The equipment account is not credited directly, This is to show the costs and the accumulated depreciation separately.

The equipment on the balance sheet is shown as net of accumulated depreciation.

8 0

4 years ago

Steel Mill Inc. makes an offer to Tom to enter into a contract to work as a mechanical engineer for a certain salary for one yea

KIM [24]

Answer:

d. an offer and an acceptance.

Explanation:

A contract exists where each involved party agrees to fulfill its obligations as per the terms of the agreement. The two or more parties involved are in consensus regarding the subject matter. A contract valid and in force, once the offeror makes the offer, and the offeree accepts it.

Steel and mike are in are contract. Mike has accepted the offer by steel. Other elements that must be present for a contract to be valid are the existence of consideration, mutual obligations, and the ability to fulfill one's responsibility.

4 0

4 years ago

If annual demand is 12,000 units, the ordering cost is $6 per order, and the holding cost is $2.50 per unit per year, which of t

vredina [299]

Answer:

240 units

Explanation:

We can find Optimal order quantity easily by Optimal order quantity formula using the fixed order quantity formula

Formula:: Optimal order quantity = $\sqrt[2]{\frac{2CoD}{Ch} }$

Where

Co = Ordering cost per order

D = Annual demand

Ch = Holding cost per unit

Calculations

Lets put in the values

Optimal order quantity = $\sqrt[2]{\frac{2CoD}{Ch} }$

Optimal order quantity = $\sqrt[2]{\frac{2*6*12000}{2.5} }$

Optimal order quantity = 240 units

Note: There must have been a mistake in question options the answer is 240 and closest to 240 is option B

6 0

3 years ago

What roles do campaign managers, pollsters, media consultants, and volunteers play?

belka [17]

<span>Components of successful political campaign - 1) Right political environment and its analysis 2) Targeting the right segments 3) Right Campaign messages like development, overall strategy 4) Grassroots plan 5) Right Budget spending plan Political campaigns are organized putting together a dedicated team of volunteers, politicians and managers who will oversee and manage the campaign. The next step is to frame the entire campaign, including the pitches, messages etc. Then organize a campaign at a venue. A candidate must devise a campaign plan right in the beginning when he is planning to campaign and the time for campaign has come near. The candidate needs to make sure that the campaign runs for a good amount of time for the most number of people to know about it. Managers - Oversee the daily operations of the campaign pollsters - Generally from media who organizes opinion polls media consultants - Media consultants are consultants who work the political party to help them get maximum media coverage Volunteers - Volunteers are people who see potential and belief in the cause of the party and volunteer to work for them</span>

4 0

3 years ago

Suppose you deposit $8,500 into an account earning 5.0% interest compounded annually. Determine the amount of money that will be

garik1379 [7]

Answer:

$ 15,264.78

Explanation:

Using the excel formula FV() you can calculate the amount to be received after 12 years. The diagram will be: Period Amount Payment interest Amount + interest

1 8,500.00 425.00 8,925.00

2 8,925.00 446.25 9,371.25

3 9,371.25 468.56 9,839.81

4 9,839.81 491.99 10,331.80

5 10,331.80 516.59 10,848.39

6 10,848.39 542.42 11,390.81

7 11,390.81 569.54 11,960.35

8 11,960.35 598.02 12,558.37

9 12,558.37 627.92 13,186.29

10 13,186.29 659.31 13,845.60

11 13,845.60 692.28 14,537.88

12 14,537.88 726.89 15,264.78

7 0

4 years ago