Answer:
The transaction recorded are shown in the below table.
Explanation:
According to the scenario, the following transaction according to the perpetual system can be recorded as follows :
Date Particulars Debit Credit
Feb.9 Purchase Inventory $54,000
Accounts payable $54,000
Mar.7 Accounts Receivable $74,000
Sales inventory $74,000
Mar.7 Cost of goods sold $54,000
Inventory $54,000
Answer:
$ 28.85
Explanation:
Total amount = (200 × $ 25) + ( 200 × $25 × 0.5) = $ 7500
Maintenance margin = (total amount - ( number of shares × price)) / number of share × price
0.3 = (7500 - 200 p) / 200 p
0.3 × 200 p = 7500 - 200 p
60 p + 200 p = 7500
260 p = 7500
p = $ 28.85
I believe the answer is: <span>decrease/decrease
two facts about 401k are:
- It directly deducted from the amount of salary that you receive from your workplace, which would reduce your take home pay.
- The tax rate that you should pay is multiplied by your net income. When your income is deducted through 401k, the amount of your net income would be reduced along with your tax payment.
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