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kakasveta [241]
3 years ago
14

Beachside Realty rents condominiums and furnishings. Below is the adjusted trial balance at December 31.

Business
1 answer:
Lana71 [14]3 years ago
5 0

Answer and Explanation:

The journal entry required to close the expense account is given below:

Income summary Dr $33,520

    To Wages Expense $19,000

    To Depreciation Expense $1,800

    To Utilities Expense $320

     To Insurance Expense $700

     To Maintenance Expense $9,000

     To Income Tax Expense $2,700

(being the expenses accounts are closed)

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Residents of the town of Smithfield like to consume hams, but each ham requires 10 people to produce it and takes a month. If th
Hunter-Best [27]

Answer:

10 hams

Explanation:

It is given that 10 people can produce 1 ham in a month. It is assumed that whatever is produced is consumed. So, 100 people will produce 10 hams that is 100 ÷ 10 = 10 in a month. So, 100 people can consume 10 hams, that are produced in a month.

So, residents can consume maximum 10 hams (same amount as produced) in a month.

4 0
3 years ago
In Japan, suppose Honda’s export price per vehicle is ¥4,000,000 and that the exchange rate is ¥125/$. The one-year Japanese yen
NemiM [27]

Answer:$31,379

Explanation:Applying the

Fishers international effect

1+Ic/1+Ib=S1/S0

Where Ib represents the interest rate in base country which is Japan in this case

Ic represents the interest rate in counter country in this case,US

S0 is the base spot rate or exchange rate at the moment while S1 is the spot rate at the end of the coming year

Ic =3%=0.03

Ib=1%=0.01

So=145

Substituting in the formula

1.03/1.01=S1/125

Cross multiplying

S1=125(1.03)/1.01=127.475

So price in US at spot 127.475 will be ¥4,000,000/127.475=$31,379

5 0
4 years ago
Is the number of children a couple must have in order to insure that the population neither increases nor decreases?
avanturin [10]
I think it is 2. Hope this helps
4 0
3 years ago
Moore's law is often cited in the computer industry because it has held true for over 50 years. what does this rule predict rega
shutvik [7]
Answer: That CPU capacity will double every 2 years.

Explanations:
Moore's law states that transistor capacity doubles in dense integrated circuits every two years, and the law has been true for over 50 years. Consequently, the semiconductor has used this law as a guide for product planning.

Because of nanotechnology, this law may remain valid for many more years.
However, because the cost of production has been increasing, the law is not expected to continue indefinitely.  
4 0
4 years ago
AlwaysRain Irrigation, Inc., would place for making bronze and plastic sprinklers. Three types of sprinklers are available in bo
Alex777 [14]

Answer:

The requirement for the next four years higher than the current available capacity.

Explanation:

AlwaysRain Irrigation, Inc., has 3 bronze machines and one injection molding. The bronze machine total available capacity is 60,000 / year which is calculated by 20,000 sprinkles * 3 machines.

For molding machine the available capacity for the year is 320,000 sprinkles per year.

The capacity requirement for next four years will be greater for bronze and the company needs to consider buying more machines.

8 0
3 years ago
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