Answer with its Explanation:
On February 14, the repairment of transmission is the repair and maintenance cost and hence it must be accounted for as an expense.
The Double entry would be:
Dr Repairs and Maintenance Expense $2,300
Cr Cash $2,300
On the same date, the installation of GPS system is an addition of an asset in the delivery truck hence it must be capitalized.
The Double entry would be:
Dr Delivery Van $450
Cr Cash $450
Answer:
45
Explanation:
Number of Kanbans = demand during lead time + safety stock÷ size of container
Number of Kanbans = [(1977 * 6) + 1.5 * 1977] / 328
=(11,862)+(2,965.5)/328
Number of Kanbans
=14,827.5/328
= 45
Therefore we would need 45 kanbans for this connector.
Answer:
He will have to come up with a bigger down payment.
His monthly payments will be higher.
Good luck:)
The answer is A. direct loans, and C. work-study programs.
Answer:
D) Sinking fund
Explanation:
A sinking fund is an account established to be used in the settling of debts. The corporate or institution that creates a sinking fund deposits money regularly as a way of saving it for future debt payments. A sinking fund, is in away a savings account that accumulates funds for repaying large and future debts.
Municipal authorities use sinking funds to pay their bond expenses when they mature. The municipal contributes funds in the years leading to the bond's maturity. Sinking funds gives confidence to investors that the municipal will not default on its payments.