Answer and Explanation:
The computation is shown below;
a. Total assets are
= Stock + Cash
= [$294,000 ÷ 1500 × 300] + [$300,000 - $225,000 - $69,000]
= $64,800
And, Total expenses is
= Materials + Labor
= $225,000 + $69,000
= $294,000
The Name of the expense is Purchases, Salaries
b. Total assets are
= Cash
= $300,000 - $225,000 - $69,000
= $64,800
And, the Total expenses = $294,000
The Name of the expense is Supplies, Salaries
Answer:
Symbolism
Explanation:
The nike swoosh is an example of position based on symbolism tools for the brand to distinguishes itself from its competitors?
Cheers
Answer:
Internal information is any information, oral or recorded in electronic or paper format, maintained by the District or used by the District or its employees.
Explanation:
<em>H</em><em>O</em><em>P</em><em>E</em><em> </em><em>T</em><em>H</em><em>I</em><em>S</em><em> </em><em>H</em><em>E</em><em>L</em><em>P</em><em>S</em><em> </em><em>A</em><em>N</em><em>D</em><em> </em><em>H</em><em>A</em><em>V</em><em>E</em><em> </em><em>A</em><em> </em><em>N</em><em>I</em><em>C</em><em>E</em><em> </em><em>D</em><em>A</em><em>Y</em><em> </em><em><</em><em>3</em>
Answer:
The amount of depreciation expense the lessee should record for the first year of the lease is $108,000
Explanation:
To calculate the depreciation expense for each year the first thing you have to do is to substruct from the initial value the fair value at the end fo the lease, obtaining this way the depreciable amount.
For this case it would be:
$810,000 - $270,000= $540,000
Then you have to divide the depreciable amount by the years of the term the lease.
$540,000/5= $108,000
Answer:
$3,123.75
Explanation:
First we have to calculate the assessed value of the property for the purpose of taxation, which is given as follows:
Assessed value=$255,000*35%=$89,250
No we have to calculate the tax rate for the assessed value of $89,250 using the following method:
(tax rate/$100)*assessed value
Tax rate=$3.50
Assessed value=$89,250
=($3.50/100)*$89,250
=$3,123.75
