Answer: Option (C) is correct.
Explanation:
There is a adjustment entry for depreciation of $3,545 but the amount that is debited as depreciation expense is different from the amount that is credited as accumulated depreciation.
Depreciation Expense A/C Dr. $3,454
To Accumulated Depreciation $3,545
This will lead to an unequal adjusted trial balance.
Option 'A' and 'B' has no effect on the adjusted trail balance to be unequal because whole transaction is omitted.
Option 'D' also has no effect on adjusted trail balance because the debit and credit amount will still match.
Answer:
12.28%
Explanation:
In this question, we use the Rate formula which is shown in the spreadsheet.
The NPER represents the time period.
Given that,
Present value = $1,407
Future value or Face value = $1,000
PMT = $1,000 × 20% = $200
NPER = 9 years
The formula is shown below:
= Rate(NPER;PMT;-PV;FV;type)
The present value come in negative
So, after solving this, the answer would be 12.28%
1)The price from the electronics from China goes up
2)People might start buying domestically made electronics because of cheaper prices.
Answer:
1693.25
Explanation:
The computation of the current price of the item and the price 9 years from today is shown below:-
p(t) = 1,200 × (1.039)^t
Now, the current price can be found by putting t = 0
p(0) is

The price 10 years from today
p(9) is

Now we will solve the above equation
= 1,200 × 1.411041958
= 1693.25035
or
= 1693.25
FOB shipping point
Explanation:
FOB affects the buyer's inventory cost adding liability for shipped goods increases inventory costs and reduce net income.