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serious [3.7K]
3 years ago
11

Which of these methods will remove a custom tab stop?

Business
1 answer:
Andrew [12]3 years ago
4 0
I think it’s B. Triple- click the tab stop
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Prepare journal entries for each transaction and identify the financial statement impact of each entry.
madam [21]

Answer:

Cash (Dr.) $21,200

Common Stock (Cr.) $21,200

Cash (Dr.) $4,500

Services to client (Cr.) $4,500

Cash (Dr.) $11,200

Unearned Revenue (Cr.) $11,200

Cash (Dr.) $5,900

Accounts Receivable (Cr.) $5,900

Cash (Dr.) $11,000

Notes Payable (Cr.) $11,000

Explanation:

Adams services may record these transactions as journal entries. The transactions may have some changes after they are recorded then adjusting entries will be prepared to reflect the correct effect of transaction on business activities.

7 0
3 years ago
How can technology affect a monopoly?
Charra [1.4K]
Price, Supply and Demand. Amonopoly's potential to raise prices indefinitely is its most critical detriment to consumers.
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1.You should document your sources in all of the following situations except A. when using someone else's unique idea. B. when u
jeka94

2. A. Feasibility report

7 0
3 years ago
Falcon Crest Aces (FCA), Inc., is considering the purchase of a small plane to use in its wing-walking demonstrations and aerial
Simora [160]

Answer:

Net present value at 8%=($42510)

Explanation:

Explanation- Net present value   = Present value of cash inflows – Total outflows

={(19000*6.7100) - $170000}

=$127490- $170000

= ($42510)

Annual net cash inflows = Net income+ Depreciation

= $4000+$15000

= $19000

Straight line Method:-

= Cost of asset- Salvage value of asset/No. of useful life (years)

=($170000-$20000)/10 years

=$150000/10 years = $15000

Net present value at 3%=($7926)

Explanation- Net present value   = Present value of cash inflows – Total outflows

={(19000*8.5302) - $170000}

=$162074- $170000

= ($7926)

Annual net cash inflows = Net income+ Depreciation

= $4000+$15000

= $19000

Straight line Method:-

= Cost of asset- Salvage value of asset/No. of useful life (years)

=($170000-$20000)/10 years

=$150000/10 years = $15000

7 0
3 years ago
Holly wants to have $200,000 to send a recently born child to college. She sets up a 529 plan and wants to know how much she mus
Yuliya22 [10]

Answer:

The amount Holly will have to invest less each year is $1,226.72.

Explanation:

This can be calculated using the following 3 steps:

Step 1: Calculation of monthly payment at 5% interest rate

This can be calculated using the formula for calculating the Future Value (FV) of an Ordinary Annuity is used as follows:

FV = P_5% * (((1 + r)^n - 1) / r) ................................. (1)

Where,

FV = Future value or the amount Holly wants to have = $200,000

P_5% = Annual investment at 5% = ?

r = Annual interest rate = 5%, or 0.05

n = number of years = 18

Substituting the values into equation (1), we have:

$200,000 = P_5% * (((1 + 0.05)^18 - 1) / 0.05)

$200,000 = P_5% * 28.1323846738217

P_5% = $200,000 / 28.1323846738217

P_5% = $7,109.24

Step 2: Calculation of monthly payment at 7% interest rate

This can be calculated using the formula for calculating the Future Value (FV) of an Ordinary Annuity is used as follows:

FV = P_7% * (((1 + r)^n - 1) / r) ................................. (2)

Where,

FV = Future value or the amount Holly wants to have = $200,000

P_7% = Annual investment at 7% = ?

r = Annual interest rate = 7%, or 0.07

n = number of years = 18

Substituting the values into equation (2), we have:

$200,000 = P_7% * (((1 + 0.07)^18 - 1) / 0.07)

$200,000 = P_7% * 33.9990325104648

P_7% = $200,000 / 33.9990325104648

P_7% = $5,882.52

Step 3: Calculation of the amount Holly will have to invest less each year

Amount to invest less each year = P_5% - P_7%

Amount to invest less each year = $7,109.24 - $5,882.52

Amount to invest less each year = $1,226.72

Therefore, the amount Holly will have to invest less each year is $1,226.72.

5 0
2 years ago
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