Answer:
Total general and administrative expenses $
Administrative salaries 1,250
Rent on administrative building 30,000
Miscellaneous administrative expenses 5,000
Total general and administrative equipment 35,250
Explanation:
The total general and administrative expenses include administrative salaries, rent on administrative building and miscellaneous administrative expenses.
Answer:
Explanation:
Date Account title and Explanation Debit Credit
1st july-14 Notes receivable $1,393,591
Discount on notes receivable ($1,393,591 - S600,100 - $317,900) $475,591
Land $600,100
Gain on disposal of land ` ($918,000 - $600,100) $317,900 ` (To record sale of land)
1-Jul-14
Notes receivable $404,300
Service revenue $404,300
` (to record service revenue)
Answer:
The answer is "1.1"
Explanation:
In the case of a single Interest, the principal value is determined as follows:

In case of discount:

Let income amount = 100, time = 1.5 years, and rate =20 %.
Formula:
A = P(1+rt)
A =P+I
by putting vale in the above formula we get the value that is = 76.92, thus method A will give 76.92 value.
If we calculate discount then the formula is:
P = M(1-rt)
M = 100 rate and time is same as above.

Thus Method B will give the value that is 70
calculating ratio value:

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These rules are easy to follow for your safety, the safety of your car as well as the safety of other cars and car drivers </span>