We decide the internet money flows from investing things to do by using analyzing modifications in long-term asset money owed from the stability sheet.
Elevision units that walmart owns for selling to its clients are categorised as equipment.
<h3>What is tools ?</h3>
Equipment is a non modern-day or long-term asset account which reports the fee of the equipment.
Equipment will be depreciated over its beneficial lifestyles by debiting the income assertion account Depreciation Expense and crediting the balance sheet account Accumulated Depreciation (a contra asset account).
<h3>Where does equipment go in accounting?</h3>
When gear is purchased, it is no longer in the beginning said on the earnings statement. Instead, it is reported on the stability sheet as an increase in the constant property line item.
Learn more about long term asset here:
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brainly.com/question/9929994</h3>
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Answer:
the percentage in which the price of the dozen eggs rise is 89.58% or 90%
Explanation:
The computation of the percentage in which the price of the dozen eggs rise is shown below;
Percentage Change in Dozens egg price is
= (Price in 2017 - Price in 2000) ÷ Price in 2000 × 100
= ($1.82 - $0.96) ÷ $0.96 × 100
= 89.58% or 90%
Hence, the percentage in which the price of the dozen eggs rise is 89.58% or 90%
Answer:
WIP 5,040
Factory Overhead 5,040
Explanation:
280,000/25,000 = 11.2 per labour hor
Job labour hors x rate = overhead applied
450 x 11.2 = 5,040
We will increase the work in process, because there is no information about the job being complete.
And we will use the factory overhead account to post the applied overhead
The local government receive most of their money from Real Estate Property Tax and Personal Property Tax.
Real Estate Property are properties that are immovable. This includes land, building, and all improvements (fixtures) that cannot be removed without damage to the property.
Real Estate Property Tax is levied on homes, farms, business properties, and most other real property.
Personal Property are properties that are movable. Examples are vehicles (cars, van, SUV)
Answer:
b.2.8 times.
Explanation:
Asset turnover = net sales/average total assets
From Stein Corporation report,
Net sales = $3,500,000
Beginning total assets = $1,000,000
Ending total assets = $1,500,000
Average total asset = ($1,000,000 + $1,500,000)/2
= $1,250,000
Asset turnover = $3,500,000/$1,250,000
= 2.8 times
Option b is right.
