Answer:
Expenditures-2020 in the amount of $200
Explanation:
General fund supplies made last year were an estimated amount of $2000 was spent. So for last year there would have been a debit and credit leg for this transaction as.
In the present year 2020 it was received at an actual cost of $2,200. The excess cost (2,200-2,000= $200) must be recognised.
So the debit is passed into expenditures for this year 2020 for amount $200.
Explanation:
5.From which of the following, we get more sun's energy-
1 point
Eating other people
Answer:
The importer accepts this price, so his bank will debit the importer's account in the amount of $500,000.
A. debit, $500,000
Explanation:
Bank debit is a bookkeeping term for realization of the reduction of deposits held by bank customers. A bank debit occurs when a bank customer uses the funds in their account, therefore reducing their account balance.
Euros 512100
dólar 1 1,0242 euros
x 512100 euros
x= 500.000
Answer:
$25,000 will be an ordinary income(FMV)
Explanation:
Kate received an offer of unrestricted partnership capital interest for the expertise services. so, Kate recognizes it's an "ordinary income"which should be booked at the fair market value of the partnership interest so offered.
i.e $25,000 is ordinary income (FMV)
Answer: The correct answer is "an intermarket spread".
Explanation: This is an example of <u>an intermarket spread</u> swap.
- An intermarket spread swap, is the exchange of 2 bonds within different parts of the same market in order to obtain a higher yield.
