The charges would be $10.50 as of the 15th of that current month. Jerrod spent a total of $700. Adjusted Balance Method calculates costs based on the amounts owed/due at the end of the current time period & once any credits or payments have been applied. Multiplying what Jerrod has spent in total & the percentage of interest will give him the balance of interest charges that he can expect to see in addition to the $700 he's spent.
It's also safe to assume the payment on your bill is due on the 16th.
Answer:
ok here is one english question:Write a descriptive paragraph on the proverb "heaven helps those who help themselves" and use 1 or 2 similes or metaphors
Answer:
164754
Explanation:
Assets are resources controlled by the entity as a result of past events and from which future economic benefits are expected to flow to the entity (AAA).
Based on the data given, assets is computed as follows;
Cash (checking account) 2000
Cash (savings account) 10000
Home 120000
Investments 12789
Car 19965
TOTAL ASSETS 164754
Mortgage is recorded separated by the home and is treated as liability
Loan & Auto loan are also liabilities of Matthew
Credit cards balances are only his indication of capacity to buy which is if that happens said transaction would result into an obligation of Matthew to pay or simply his liability
<u>Calculation of Total Assets:</u>
Total assets based on the given transactions can be calculated as follows:
Cash Received from Investors $6,900
Add: Amount Borrowed from Local Bank $3,900
Add: Supplies Purchased on account $1,190
Add: Equipment purchased $6,900
Less: Cash Paid for purchase of equipment -$2,190
Total Assets = $16,700
Hence based on the given transactions, the company's total assets are <u>$16,700</u>
Answer:
D. $511,920
Explanation:
For determining the estimated manufaturing overhead first determined the predetermined overhead which is shown below:
= (Actual manufacturing overhead - underapplied overhead) ÷ (actual direct labor hours)
= ($506,920 - $23,440) ÷ (20,400 hours)
= $23.7
Now the estimated manufacturing overhead is
= $23.7 × 21,600 hours
= $511,920
