Answer:
с. Purchases and Creditors
<u>Multiple choices</u>
A. Goods and Cash
В.Goods and Creditors
с. Purchases and Creditors
D.Purchases and Cash
Explanation:
The purchase account is used to record purchased goods. Accountants and bookkeepers usually do not operate a goods account. When goods are purchased, they increase the purchases account.
Purchased goods are either paid in cash or on credit. Cash purchases reduce cash held in the business and are recorded in the cash account. Credit purchases increase liabilities and are recorded in the creditor's accounts.
Solving: 420+296 = 716
716/(1-.21) = 906.33
Answer: $906.33
Answer:
Your stock will be valued in $20,838.
Explanation:
If there are no taxes, it is expected that the value of the stock will lower the amount of the dividend. That means
Stock price (April 19) = stock price - dividend = 93-2.4=90.6 $/share
In this case, your stock of 230 shares will be valued as
Stock value = Stock share * stock price = 230 shares * $90.6/share
Stock value = $ 20,838
Your stock will be valued in $20,838.
Answer:
$0
Explanation:
In the case when the depreciation method is changed so it should be treated propectively. The past year depreciation amount remains the same. So the starting year of change having no difference should be produced but the beginning to the closing year of change the deferred tax liability should be recorded the difference occured in the future that lies between the book and tax depreciation
So, it should be zero
I believe you will get electcuted
