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natali 33 [55]
2 years ago
7

A sum of Rs.5,000 written off as depreciation on furniture has not been debited to depreciation account.

Business
1 answer:
Nonamiya [84]2 years ago
5 0

Answer:

Dr Depreciation Account 5,000

Cr suspense Account 5,000

Explanation:

Based on the information given if the amount of Rs.5,000 which was written off as depreciation on furniture has not yet been debited to depreciation account the appropriate Journal entry to rectify the transaction is :

Dr Depreciation Account 5,000

Cr suspense Account 5,000

(Being to rectify the amount of Depreciation not debited in depreciation account now recorded)

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is this ur sn8pchat or what
4 0
3 years ago
Coyne Corporation is evaluating a capital investment opportunity. This project would require an initial investment of $30,000 to
postnew [5]

Answer:

A. $41,120.

Explanation:

Year    Description          Cash flow           Present [email protected]%

0       Equipment cost      ($30,000)                    ($30,000)

1-4      Additional CF           $24,000                    $69,929.10

4        Residual value            $2,000                       $1,184.16

Present value total                                                 $41,113.26

Based on the above calculation, the answer shall be A. $41,120.

8 0
3 years ago
Dawn is selecting an alternative processing facility for her organization's primary data center. she would like to have a facili
Iteru [2.4K]

The best option in the situation of Dawn is to chose a primary site, for it will be able to provide her the alternative she needs in her facility and organization’s primary data center as this allows multiple servers and network allocation that is needed by them.

5 0
3 years ago
Activity-based costing for a service business
shtirl [24]

Answer:

a. $56

b. $95

Explanation:

The computation is shown below:

a, The total monthly activity-based cost for Corner Cleaners Inc is

= $3.50 × 12 + $0.12 × 100 + $0.10 × 20

= $42 + $12 + $2

= $56

b  the total activity-based cost for Campbell’s visit i

= $8 × 1 + $25 × 3 + $4 × $3

= $8 + $75 + $12

= $95

Hence, the same should be considered and relevant

3 0
2 years ago
Risk is an important concept affecting security prices and rates of return. Risk is the chance that some unfavorable event will
Ulleksa [173]

Answer:

The higher an investment’s risk, the HIGHER THE RETURNS AN INVESTOR WILL REQUIRE.

Explanation:

By saying that investors are risk averse, it means that given a similar level of returns, an investor will choose the investment with the lowest risk. That is why investors generally prefer and are willing to pay more for less risky investments, which results in lower returns (higher price ⇒ lower returns).

So high risk investments will always have a lower price than low risk investments, since the returns demanded by investors are proportional to the risk of the investment.

6 0
3 years ago
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