Based on the information depreciation expense and amortization expense represent non-cash items.
Non-cash items has to do with expense that does not involve paying cash.
Depreciation expense and amortization expense are non cash item as no cash payment is involve.
Although this expense may be included in a company profit or loss account or net income but they do not have effect on a company cash flow.
Non cash item like depreciation expenses and amortization expense often have effect on a company overall net income.
Inconclusion depreciation expense and amortization expense represent non-cash items.
Learn more about non-cash item here:
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Answer:
$432.97
Explanation:
Total cost = cost of printer + cost of light + cost of photo paper
$251.99 + $150 + $30.98 = $432.97
Answer:
B) indirectly contribute to the country's productive capacity.
Explanation:
Financial assets are non-physical assets whose value is determined by contractual rights, e.g. cash, stocks, bonds, bank CDs, etc.
Financial assets indirectly contribute to the country's productive capacity since they allow individuals and businesses to invest in other private firms and government securities. This increases the amount that private firms and government can invest or spend.
Answer:
WIP 75,000 debit
Factory Payroll Payable 75,000 credit
Factory Overhead 20,000 debit
Factory Payroll Payable 20,000 credit
Explanation:
The direct labor is capitalized through work in process inventory to lter become finished good once the product is finished.
While the indirect labor is determinated as actual factory overhead to be later compare against the applied overhead
Answer:
b. His real salary has fallen and his nominal salary has risen.
Explanation:
If the assistant manager's salary rose but he can't afford the goods he used to buy last year , it means that his nominal salary rose.
Nominal salary is the sum of real salary and inflation rate.
Real salary is nominal salary less inflation rate.
Real salary measures the purchasing power of salary.
If with the salary increase, the assistant manager could buy more goods compared to last year, both nominal and real salary increased.
I hope my answer helps you.
