Career choice, getting/keeping a job, career changes, career advancement skills are examples of

Maksim231197 [3]

Explanation:

The value refers to the worth of each digit depending on where it lies in the number. We calculate it by multiplying the place value and face value of the digit. Value=Place Value × Face Value. For instance: If we consider a number 45.

5 0

2 years ago

f-1. Assume that no intra-entity inventory or land sales occurred between Placid Lake and Scenic. Instead, on January 1, 2020, S

Margarita [4]

Answer:

Journal 1

Debit : Other Income $34,000

Credit : Equipment $34,000

Journal 2

Debit : Accumulated depreciation $6,800

Credit : depreciation $6,800

Explanation:

Step 1 : Eliminate the Income resulting from sale and the additional value of equipment sitting in the buyer books

Income = Selling Price - Carrying Amount

where,

Carrying Amount = Cost - Accumulated depreciation

= $84,000

therefore,

Income = $118,000 - $84,000 = $34,000

Journal;

Debit : Other Income $34,000

Credit : Equipment $34,000

Step 2 : Eliminate the unrealized profit as a result of additional asset value

unrealized profit = income ÷ remaining useful life

= $34,000 ÷ 5

= $6,800

Journal;

Debit : Accumulated depreciation $6,800

Credit : depreciation $6,800

7 0

2 years ago

The trial balance for Lindor Corporation, a manufacturing company, for the year ended December 31, 2021, included the following

77julia77 [94]

Answer:

LINDOR CORPORATION

Statement of Comprehensive Income

For the Year Ended December 31, 2021

Particulars Amount

Sales revenue $2,700,000

Less: Cost of goods sold -$1,590,000

Gross margin $1,110,000

Less: Operating expenses:

Selling & administrative exp. -$431,000

Operating income (EBIT) $679,000

Other income (expenses)

Less: Interest expenses -$59,000

Income before income tax $620,000

Less: Income tax expenses -$155,000

Net income $465,000

Other comprehensive income (net of tax)

Gain on debt securities A $74,250

Comprehensive income B $539,250

Earnings per share A/B $0.24

Calculations of Gain on debt securities, net of tax:

Gain on debt securities before tax $99,000

Less: Tax ($99,000 * 25%) -$24,750

Gain on debt securities net of tax $74,250

*Calculation of Earnings per share:

Earnings per share = Net income / Number of common shares outstanding = $465,000 / 1,900,000

= $0.24 per share

3 0

2 years ago

Why has america been referred to as the land of opportunity 1 point?

AVprozaik [17]

Easy to be an entrepreneur.

3 0

2 years ago

Read 2 more answers

What do you mean by quality control ? Discuss the need for controlling quality of goods and services ?

swat32

Answer:

Explanation:

Quality control can be defined as a process by which a manufacturer or producer maintains the standard or quality of it's product.

This is to ensure that quality of the product is maintained over time and also gives room for improvement.

The need for controlling quality of goods and services:

1. It is to ensure the quality of the product does not depreciate over time.

2. To ensure little or not error is made during production process.

3. Quality control is done to ensure a great customer satisfaction.

4. It also helps to increase consumers confidence in a product.

5. Quality control gives room for improvement on the quality of a product.

4 0

3 years ago