Assuming that you wanted to know how to journal this, it would be :
Dec. 31
Debit Credit
Income Summary $ 188,000
Retained Earning $ 188,000
Answer:
E, B, D, C, A, G, H, F
Explanation:
Bonds Payable - <em>Long-term liabilities</em>
Buildings - <em>Fixed assets</em>
Accrued Liabilities - <em>Current liabilities</em>
Intangibles - <em>Intangible assets</em>
Inventory - <em>Current assets</em>
Unearned Rent Revenues - <em>Revenue</em>; advanced paid rentals
Accumulated Depreciation - <em>Expense</em>
Retained Earnings - <em>Stockholder's equity</em>
The amount of Alec's license fee that went into the Real Estate Recovery Fund, which just received his Florida broker license, is <u>$3.50.</u>
<h3>
What is the real estate license fee?</h3>
The real estate license fee in Florida costs $83.75. This amount is paid to the Florida Real Estate Commission (FREC).
FREC is the government office regulating real estate education and licensure in Florida. FREC is under the supervision of the Florida Department of Business and Professional Regulation (DBPR).
License fees of $3.50 are imposed as soon as the Real Estate Recovery Fund drops below $500,000.
Thus, the amount of Alec's license fee that went into the Real Estate Recovery Fund, which just received his Florida broker license, is <u>$3.50.</u>
Learn more about real estate license fees at brainly.com/question/26067240
Answer:
9.17%
Explanation:
Interest on Note B = $227,000 * 8% * 6/12
Interest on Note B = $9,080
Remaining Interest = $16,300 - $9,080 = $7,220
Annual Interest Rate = $7,220 / $135,000 * 12/7
Annual Interest Rate = 0.0916825397
Annual Interest Rate = 9.16825397
Annual Interest Rate = 9.17%
During a recession, the way that governments try to encourage growth is : increasing unemployment benefits
During
a recession, a number of unemployment will rapidly increased ( almost a
third of citizen could be jobless). In order to handle this, government
could increase unemployment benefit so the unemployed people have
enough to scrapped by until the recession is over or started a new
business.
