Answer: Debit Depreciation Expense, $150; Credit Accumulated Depreciation, $150
Explanation:
Depreciation is the decrease in fixed assets for use. At the end of each year the amount corresponding to the use of the assets is carried to accounting expenses, crediting the accumulated depreciation as a counterpart.
In this case it is only one month of depreciation, therefore if we know that annually the asset is going to depreciate US $ 1800, between twelve months it would be US $ 150, which would be due to expenses and credited to accumulated depreciation.
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One Price Rule with Conditions Met set to Custom, three Price Conditions, and one Price Action
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Explanation:</u></h3>
The price rule record has the price rule, condition and action. The price rule must be explained clearly. Price condition is comparison of one field value with the other field value. The price rules contain conditions and the price rule can have an infinite number of conditions.
But for the above given questions we have 3 conditions. When the price rule meets by the conditions given it performs a particular action. Some of the fields in the price rule cannot be edited and and have security.
Total cost = $3 / gallon (150 miles / (25 miles/gallon)) =<span> $18</span>
Answer:
Hotel A, Indianapolis
The number of rooms that the hotel should sell for this particular night to minimize their costs is:
= 196 rooms.
Explanation:
a) Data and Calculations:
Hotel rooms available = 180
Expected percentage of reservations that will actually show up = 92%
Cost per empty room = $175
Cost per room for overbooking and placing extra guests in other accommodations = $375
The number of rooms to sell this particular night to minimize costs = 180/92% = 196 rooms
Booking 196 rooms will ensure that the maximum rooms are fully taken by the reservationists and the hotel can only incur a probable cost of $375 per overbooked guest.
The bank can repossess the car and if anything is used as collateral they can claim that as well. It is best to not get yourself in debt you cannot pay off.
One way to calculate debt is to figure out what your income is per week, and divide that by the weekly payments for the car. Lets say you make 3200, and your debt is 450 a week.
As shown below
<em>Income ÷ Payments </em>
3200 ÷ 450 = 0.14
Now multiply that by 100 to get your percentage,
0.14 x 100 = %14
Financial advisors recommend that you keep your debt-to-income ratio under 30%.
