Answer:
Debit Credit
Cash 36,000
Land 175,000
Inventory 42,000
Accounts Payable 35,000
Austin Fisher, Capital 218,000
253,000 253,000
Explanation:
It is necessary before making the accounting entry, to determine which entry value will be given to the equity components.
The land and inventory must be valued at their market value
.
It must be taken into account that there is a debt that affects the land and it must be canceled by the partnership. It will be registered on accounts payable.
Answer: 9.71%
Explanation:
The expected 1 year rate 2 years from now is given by;
2 years rate = 8.20%
3 year rate = 8.7%
= 9.71%
Answer:
3.56%
Explanation:
In this question, we use the Rate formula which is shown in the spreadsheet.
The NPER represents the time period.
Given that,
NPER = 11 × 2 = 22 years
Present value = $1,000 × 104% = $1,040
Future value = $1,000
PMT = 1,000 × 4% × (6 months ÷ 12 months) = $20
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 3.56% ( 1.78 × 2)
Answer: D. IS Director, Strategic
Explanation:
A director is the highest ranking manager responsible for all strategic planning in an organization
a place that describes a workplace is an office buliding.