C. The adjusting entry for accrued interest on a note receivable would include a credit to interest revenue
Answer:
$9,100
Explanation:
Calculation for what amount will Bahama record the dishwasher
Using this formula
Amount to record
dishwasher=Cash+Transportation costs+Installation fees
Let plug in the formula
Amount to record dishwasher=$8,000 + $600 + $500
Amount to record dishwasher = $9,100
Therefore the Amount to record dishwasher will be $9,100
Answer:
c. funds contributed by shareholder purchasers of a bank's stock plus the accumulated retained earnings.
It's 1 dollar because u have 1 dollar and the chips cost 1 dollar so basically u have no money left
Answer:
47.37%
Explanation:
The capital budget is $625,000 out of which 40% is equity and the rest 60% is debt. The company forecasts the net income for the year to be $475,000. Grandin Inc. follows residual dividend policy and pays out all the residual income to its shareholders as dividend.
The portion of equity in the capital budget is $625,000 * 40% = $250,000
The net income potion which will be attributable to equity shareholders is
$250,000 / $475,000 = 47.37%
