Answer:
1
dr Rent expenses 440
cr Prepaid rent 440
Rent december
2
dr Depreciation expenses 183,33
cr Accumulate depreciation 183,33
Depreciation december
Explanation:
1
dr Rent expenses 440
cr Prepaid rent 440
Rent december
2
dr Depreciation expenses 183,33
cr Accumulate depreciation 183,33
Depreciation december
Answer:
- 41.67%
Explanation:
For computing the rate of return first we have to compute the initial investment which is shown below:
= Number of shares × per share × initial margin percentage
= 300 shares × $60 per share × 60%
= $10,800
Now Loss on sale of common stock is
= (Selling price - purchase price) × number of shares purchased
= ($45 - $60 ) × 300 shares
= - $4,500
So the rate of return will be:
= Loss ÷ Initial Investment
= - $4,500 ÷ $10,800
= - 41.67%
Wrong in absence of gov. there will be no laws to abide so essentially they can do as they please.<span />
2
In numerical form on the left and written out on amount line
