Answer:
-$130,000
Explanation:
The computation of the net loss deducted from his return is shown below:
= Income - interest deductions - operating expenses - depreciation expenses
= $20,000 - $80,000 - $45,000 - $25,000
= $20,000 - $150,000
= -$130,000
Since the value comes in negative which reflects the net loss for the year
We simply deduct the revenues from the expenses so that the net income or net loss could come
Break even idk tbh bruh it’s said wrong answer
The effect of the hard lockdown on Eskom's operations was that the parliamentary committees had to leave officials in Pretoria.
<h3>What were Eskom's operations?</h3>
Eskom's operations refer to the operation of the Electricity Supply Commission in South Africa.
When the hard lockdown was placed during the pandemic on Eskom's operations in South Africa, this led to parliamentary committees leaving the officials in Pretoria because they believed that having digital meetings will be better than face-to-face.
hence, The effect of the hard lockdown on Eskom's operations was that the parliamentary committees had to leave officials in Pretoria.
learn more about Eskom's operations:
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In Spanish or in what
Cause if it’s in Spanish you don’t wanna know
Answer and Explanation:
The journal entry are as follows
1. Interest expense $214,650
To Cash $214,650
(Being the first interest payment is recorded)
The computation is shown below
= $4,770,000 × 9% × 6 months ÷ 12 months
= $214,650
For recording this we debited the interest expense as it increased the expenses while on the other hand the cash is paid which reduced the cash balance so it is credited
2. Cash $530,000
To Bond payable $530,000
(Being the cash sale of bond is recorded)
For recording this we debited the cash as cash is received that increased the cash balance and at the same time we credited the bond payable
