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ANEK [815]
3 years ago
13

A new accountant working for Metcalf Company records $800 Depreciation Expense on store equipment as follows:

Business
1 answer:
Snowcat [4.5K]3 years ago
5 0

Answer:

sorrryyyyyyyyyysorrryyyyyyyyyysorrryyyyyyyyyy

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Money stock Identify whether each of the following examples belongs in M1 or M2. If an example belongs in both, be sure to check
yulyashka [42]

Answer:

<em>For Kenji he falls on the category M2, for Lucia it's M2, and for Eric belongs to the category of both M1 and M2 respectively.</em>

Explanation:

<em>M1 money supply comprises of  currency in physical form and coin, the demand deposit( check-able) travelers check</em>

<em> M2 money supply comprises of  Certificate deposit and M1, savings, money market funds, and time deposits for example, M2 money supply comprises   money.  that is less liquid/</em>

  • <em> Kenji has $25000 in a money market account - it belongs to the category of  M2 money supply.</em>
  • <em>  Lucia has $8000 in a two year CD, it belongs to the category - M2  which is money supply </em>
  • <em>Eric withdrew money from the bank to do laundry. The money he took will go to cash that is available or in the economy at that time or the  physical currency. these category belongs in M1. As M2 money supply contains  M1 therefore this example also belongs in M2. </em>

3 0
3 years ago
The _____ Act established strict accounting and reporting rules to make senior managers more accountable and to improve and main
MrMuchimi

Answer:

Sarbanes Oxley

Explanation:

The Sarbanes Oxley act was passed in 2002 by the US congress to ensure that senior managers are more accountable by establishing strict accounting and reporting rules.

The Sarbanes Oxley Act created and gave powers to the Public Company Accounting Oversight Board to overlook the activities of the accounting industry. The Act also bans company executives from accessing loans.

Cheers.

4 0
3 years ago
Which tools allow economists to determine if the allocation of resources determined by free markets is desirable?.
nirvana33 [79]
Consumer and producer surplus.
6 0
2 years ago
You need $25,000 today and have decided to take out a loan at 7 percent for five years. Which one of the following loans would b
irina1246 [14]

Answer:

Amortize loan woul´d be the best loan

Explanation:

Even though there are no options in the question, the amortize loan coul´d be the best loan, with equal principal payments.

This one is a scheduled periodic payments that are applied to both principal and interests.  This one first pays off the relevant interests expense for the period, and then the payment reduces the principal

4 0
3 years ago
________ focuses on activities, rather than departments, as the central cost objects.
Pavlova-9 [17]
The answer to this question is Activity-Based Costing<span> (ABC)
</span>Activity-Based Costing<span> (ABC) is being done by assigning the manufacturing cost in a more structural and logical manner.
By doing this, The company will be able to provide a more accurate asessment on the cost that incurred by providing a certain product/services.</span>
3 0
3 years ago
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