1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
katrin [286]
3 years ago
8

Prepare the December 31 entry for Pina Corporation to record amortization of intangibles. The trademark has an estimated useful

life of 4 years with a residual value of $3,720.
Business
1 answer:
Naily [24]3 years ago
8 0

Answer and Explanation:

The journal entry is as follows;

Amortization expense  $1,585 ($16,400 - $3,720) ÷ 4 years × 0.5

           Trademarks $1,585

(Being the amortization expense is recorded)

As we debit the amortization expense as it increased the expenses and at the same time we credited the trademarks as it decreased the assets

You might be interested in
Regarding increasing productivity, factor mobility is
inn [45]
I believe the correct answer from the choices listed above is option C. Regarding increasing productivity, factor mobility is  i<span>mportant in that it helps to reallocate resources in a dynamic economy. Hope this answers the question. Have a nice day.</span>
4 0
3 years ago
What is the maximum amount a 45-year-old taxpayer and 45-year-old spouse can put into a Traditional or Roth IRA for 2016 (assumi
tangare [24]

Answer:

$5,500 USD

Explanation:

Since traditional Roth IRA accounts cannot be owned jointly, then both individuals must have their own account. That being said they can still contribute to each other's Roth IRA accounts on behalf of their spouse. You can contribute a total of 100% of your earned income up to a limit of $5,500 USD. Pensions are not allowed as contributions. Individual's over the age of 50 have a limit of $6,500

6 0
3 years ago
Consider the following data for​ Tyrovia, a country that produces only two​ products: guns and butter. Year Guns Produced Price
photoshop1234 [79]

Answer:D. $690

Explanation:

GIVEN THE FOLLOWING :

YEAR 2009

Guns produced = 80

​price of gun =$5

Butter produced = 40

price of butter = ​$4

Year 2018

Guns produced = 90

Price of guns = $6

Butter produced = 60

Price of butter = $10

REAL GDP FOR TYROVIA FOR 2018 USING 2009 AS BASE YEAR IS GIVEN AS:

(GUNS PRODUCED IN 2018 × PRICE OF GUNS IN 2009) + (BUTTER PRODUCED IN 2018 × PRICE OF BUTTER ON 2009)

REAL GDP = ( 90 × $5) + (60 × $4)

REAL GDP = $450 + $240 = $690

3 0
3 years ago
Read 2 more answers
Sensitive security information (ssi) can be shared with
damaskus [11]

ssi can be shared with people who have the right security clearance.

8 0
4 years ago
Some people argue that air is not an economic good. Explain why you agree or
adell [148]

Answer:

Answer:I agree with this statement to a certain degree as air cannot be brought and sold it’s the only thing that can’t be taken physically from someone even if you are poor or don’t own much money u are a blé to breath without the need to think of expenses

Explanation:

4 0
3 years ago
Other questions:
  • Equipment was purchased for $161500. Freight charges amounted to $5500 and there was a cost of $10000 for building a foundation
    11·1 answer
  • Each of the following scenarios is independent. Assume that all cash flows are after-tax cash flows. Colby Hepworth has just inv
    9·1 answer
  • What strategic plans could be adopted by the college or university at which you are taking this management course to compete for
    13·1 answer
  • What is a sustainable MIS infrastructure? Multiple Choice identifies where and how important information, such as customer recor
    13·1 answer
  • The long-run aggregate supply curve shifts left if… Group of answer choices The capital stock decreases All of these answers are
    15·1 answer
  • On January 1, 2017, Sheridan Company had a balance of $417,000 of goodwill on its balance sheet that resulted from the purchase
    15·1 answer
  • Which of the following are arguments in favor of active stabilization policy by the government? Check all that apply. a) Busines
    11·1 answer
  • Check all potential advantages of securitization.A. Securitization helps diversity risk instead of holding on to a particular mo
    7·1 answer
  • 11. On 31 December 2015 the following balances were extracted from the books of Papa,
    5·1 answer
  • Cynthia has been asked by her superior to calculate the total shareholder’s equity. Which balance will she add to the opening eq
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!