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3 years ago

What is the third primary decision when it comes to making financial decisions (along with spending and saving)?

Business

1 answer:

Kaylis [27]3 years ago

8 0

Setting your priorities could be a primary third desicion when it comes to making financial decisions.

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The office supplies account had a $240 debit balance on december 31, 2016. during 2017, $5,200 of office supplies are purchased.

Trava [24]

If you are looking for the adjusting entry at the end of the year, it would be:

Office Supplies Expense 5000 Office Supplies 5000

The amount to be recorded is 5000 because:

Beginning supplies is $240

Then there is an additional supplies $5,200

So there is a total of 5,440 supplies.

But the ending inventory is $440.

Deduct the $440 from the $5440 which will give us $5,000. This is to make sure that the amount in the journal entry at the end of the year will be same with the physical count of the supplies.

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3 years ago

Which type of decision maker tends to choose the first available option in haste?

Vera_Pavlovna [14]

The type of decision maker that tends to choose the first available option in haste is an impulsive decision maker. It is because this is where the decision maker tends to act in a way that is based on their instinct and that they don’t consider other options because they act immediately without having to think about the decision that they are making.

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3 years ago

Read 2 more answers

moriband corp. paid a dividend of $2.15 yesterday. the company’s dividend is expected to grow at a steady rate of 5 percent for

BaLLatris [955]

The present market price of Moribund stock stands at $22.58.

<h3>What is market price?</h3>

Market value is another term for current price. It is the most recent price at which a share of stock or other security was traded. The current price serves as a baseline in an open market.

The market price is the current cost of purchasing or selling an asset or service. The details of supply and demand decide the market price of an investment or assistance.

The market price is the price at which quantity supplied equals quantity demanded.

The market price is the price that exists on a specific day or at a specific time. It is the result of market supply and demand. Normal prices, on the other hand, are the result of long-term demand and supply.

To learn more about market price, refer to:

brainly.com/question/14612966

#SPJ4

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1 year ago

Prepare a 2019 individual tax return using the following fact pattern. Compute net tax payable or refund due for Alice and Bruce

Lana71 [14]

Answer:

Oof thats a long question.

Explanation:

4 0

2 years ago

Van Frank Telecommunications has a patent on a cellular transmission process.

Sonbull [250]

Answer:

Van Frank Telecommunications

December 31, 2016:

Debit Amortization Expense - Patent $4,400,000

Credit Accumulated Amortization-Patent $4,400,000

To record the revised amortization expense for the year.

Explanation:

Data and Calculations:

Patent's value on January 1, 2012 = $19,800,000

Patent's assessed lifespan = 9 years

Amortization expense for each year on straight-line = $2,200,000 ($19,800,000/9)

Accumulated Amortization for Patent = $6,600,000 (for 3 years)

Net book value of patent = $13,200,000 ($19,800,000 - $6,600,000)

Revised lifespan = 6 years

Revised amortization expense per year = $4,400,000 ($13,200,000/3)

8 0

3 years ago