The T-Account can be made as follows with the credit of $3,754. The expenses are deducted from the balance as the total credit available.
<h3 /><h3>What is Expense?</h3>
Expenses are the costs that are paid by businesses, these costs are incurred for the operations of business. The expenses are paid from the cash/ bank balance available at the business.
It is recommended that the expenses are in a control and are lower than the revenue generated by the business.
T-Account
Operating Expense Account
$420
$250
$100
$250
Petty Expenses Account
$150
$100
Asset Account
$1500
$650
$334
The account are made according to the nature of expenses, there are two expenses that are not to be classified as an expense instead they need to be treated as a capital expenditure that is to be posted in Asset account.
Expenses with one off event and small amount and in general in nature are posted in petty expenses
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Answer:D
Explanation:
Hypothalamus is a small region of the brain. It's located at the base of the brain near the Pituitary gland. Therefore panic disorder order and anxiety disorder is associated with hypothalamus.
Answer:
The correct answer is Time period.
Explanation:
The accounting period refers to the economic operations of a company must be recognized and recorded in a certain time, which is usually a year, which goes from January 1 to December 31, although you can also work with different time periods such as the month, semester, quarter, etc.
This principle assumes that economic operations, as well as the effects of them derived, are accounted for in a way that corresponds to the economic period in which they occur, so that the accounting information clearly shows the period to which they correspond and the result can be determined of each fiscal year.
The accounting period allows us to measure the company's performance when compared to other periods. The accounting period allows one of the main objectives of accounting to be met, which is its usefulness. The accounting information is useful when it can be compared, and it is the accounting period that allows that comparison. It is the comparison that allows accounting information to be analyzed, based on it, making economic and financial decisions.
Answer: $8,490,909
Explanation:
10% was added to the $40. Price firm will receive is therefore;
= 40/ 1.10
= $36.36
The firm will receive;
= (Price * number of shares) - legal fees
= (36.36 * 250,000) - 600,000
= $8,490,909.09
= $8,490,909