Answer:
Annual sales figure = $42,178.11
Explanation:
The annual sales figure is the sum of the sales of campers and the additional sales of homes less of sales of motor coaches lost.
This is computed below:
$
Sales of camper 20,500
Motor homes (2,900/28,300× 74,500) = 7,634.28
Motor coaches (880/7,300× 116,500) = (14,043.84)
Annual sales figure <u>42,178.11</u>
Annual sales figure = $42,178.11
Blind advertising is an advertisement used to solicit a business that gives only a telephone number, post office or newspaper box number, or name other than that of the licensee.
<h3>What is an advertisement?</h3>
A brand, company, or resource is advertised to an audience through the use of advertising to pique their attention, encourage interaction, and increase sales.
Blind advertising is a scenario in which the company keeps its identity and license standing a secret. and they give the advertisement by the help of email, calls, phablets, etc. It is usually done in the real estate business.
Learn more about advertisements, here:
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Answer:
depreciation expense 1,664 debit
accumlated depreciation 1,664 credit
-- to record depreication from Jan 1st to September 1 --
cash 10,920 debit
accumulated depreciation 10,400 debit
machinery 20,800 credit
gain at disposal 520 credit
--to record sale of equipment --
Explanation:
We calculate the depreciation from December 31th 2017 to September 1st 2018
2,496 x 8/12 = 1,664
this will be the depreciation for the year up to sale date.
accumulated depreciation: 10,400
<u>sale:</u>
10,920
<u>book value</u>
20,800 - 10,400 = 10,400
result at dispossal: 10,920 - 10,400 = 520
Answer:
-260,000 current earings and profits
Explanation:
From the taxable income we are going to adjust to get the current earnings and profits
-500,000 taxable income
-20,000 non-deductible expenses
+10,000 exempt taxes
+250,000 deferred gain
-260,000 current earings and profits