Answer:
The correct answer is (c)
Explanation:
A controlling account is an adjustment account for which a subsidiary ledger is generally created. It helps to further track the transactions in detail. A controlling account is an account in the general ledger that is entitled as accounts receivable. This account includes a separate account for every single customer who makes a credit purchase.
Capital goods are those good used to make consumer goods and services.
Thus answer is D
Capital goods is also known as intermediate goods, durable goods or economic capital.
Answer:
Correct option :a. The daughter must recognize the income because she owned the stock when the dividend was declared and she received the $2,000.
Explanation:
Based on the information given we were told Darryl gave 1,000 shares of stock to his daughter in the month of September 29, 2019 in which Darryl daughter also received the amount of $2,000 dividend on October 18 of the same year which means that Darryl daughter have to recognize the income reason been that the daughter owned the common stock when the dividend was been declared and she as well received the amount of $2,000.
Answer: 9.37%
Explanation:
The effective interest rate on the LIBOR loan is calculated as follows based on the information given in the question:
Principal = $8700
Prime rate = 9%
LIBOR net interest rate = 9% - 0.5% = 8.5%
Interest Cost will be:
= 8700 × 8.50 × 1/100
= 739.50
We the add the transaction Fee of $75 and thus will be:
= $739.50 + $75.00
= $814.50.
Then, the effective interest rate will be:
= $814.50 × 100/$8700
= $814.50 × $0.0115
= 9.37%
Discretionary money is the money that you can spend for your non-essentials goods (such as jewelry, nice jacket, etc)
In order to calculate t, you need to : B. calculate the difference between your net income and fixed expenses
hope this helps
