Answer:
Dr Equipment $22,843
Dr Licence expenses $210
Dr Prepaid Insurance $875
Cr Cash $23,928
Explanation:
Preparation of the journal entry for Bench Company
Based on the information given we were told that Company made the following transaction:
Purchase of delivery van for tha amount of $22,175
Sales taxes for the amount of $443
Painting for the amount of $225
Vehicle license for the amount of $210
Accident insurance for the amount of $875
Therefore based on the above Bench Company Journal entry will be recorded as:
Dr Equipment $22,843
($22,175+$443+$225)
Dr Licence expenses $210
Dr Prepaid Insurance $875
Cr Cash $23,928
Answer:
c. discuss, analyze, interpret, and evaluate the research findings or solution to the problem.
Explanation:
<u>The formal reports represent the end product of thorough investigation</u> hence, it should not describe or define concepts. It should disclosure what the research and analysis generated.
Also, we must understand that the body of a text is the main content.
Thus option A and B are not correct as they focus on define concepts rather than define the investigation.
Option D also is incorrect as it determinated the persons responsibles.
The body should acomplish the goal of the formal report therefore, option C is the correct one.
Answer:
23.16%
Explanation:
net amount of money received by Wliey Oakley = 7,750,000 stocks x $21.39 per stock = $165,772,500
total flotation costs including direct and indirect costs = [($26.30 - $21.39) x 7,500,000] + $1,350,000 + $210,000 = $38,385,000
flotation costs as a percentage of funds raised = $38,385,000 / $165,772,500 = 0.2316 = 23.16%
Answer:
That she would be mad , hit them,
Answer:
$64,000
Explanation:
Calculation for the recognized gain to Pedro in 2020
First step is to calculate the Realized gain
Realized gain=($120,000+$12,000+$28,000+$56,000-$120,000)
Realized gain=$96,000
Second step is to calculate the Contract Price
Contract Price=$216,000-$56,000
Contract Price=$160,000
Now let calculate the recognized gain to Pedro in 2020
Recognized gain=$160,000-$96,000
Recognized gain=$64,000
Therefore the recognized gain to Pedro in 2020 is $64,000
