Answer:
$12,000
Explanation:
Calculation to determine the amount of Wages Expense recorded on the next payday, Saturday, April 3
Using this formula
Wages Expense=Daily payroll *2 days
Let plug in the formula
Wages Expense=$6,000*2 days
Wages Expense=$12,000
Therefore the amount of Wages Expense recorded on the next payday, Saturday, April 3 is $12,000
The best answer for this question would be:
That the licenses revert to involuntary inactive status
<span>Because brokers can work alone, and have the option of hiring agents to work for them. But since, a sales associate has achieved their rights have license as a broker, they have chosen to work under a broker company. The result of the confiscated license is that it would be temporarily inactive.</span>
Answer:
$1,845.192
Explanation:
The computation of the amount saved at the end of year 3 is shown below:
= Amount at the year 1 × (1 + interest rate)^number of years + Amount at the year 1 × (1 + interest rate)^number of years + Amount at the year 1 × (1 + interest rate)^number of years
= $500 × (1 + 0.028)^2 + $600 × (1 + 0.028)^1 + $700 × (1 + 0.028)^0
= 528.392 + $616.80 + $700
= $1,845.192
We simply applied the above formula so that the amount saved for the year 3 could come
Answer: • an asset account.
• an account increased with a debit.
• an account appearing on a balance sheet of a merchandiser
• products that a company owns and intends to sell.
Explanation:
Merchandise inventory refers to the account on the balance sheet which shows the total amount that's paid for products which are yet to be sold by the manufacturer. It can also be described as an:
• an asset account.
• an account increased with a debit.
• an account appearing on a balance sheet of a merchandiser
• products that a company owns and intends to sell