<h3>Question:</h3>
•explain six Differences between private and public company.
Answer:
•In most cases, a private company is owned by the company's founders, management, or a group of private investors. A public company is a company that has sold all or a portion of itself to the public via an initial public offering.
Explanation:
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Answer:
June 1 2020	
No entry 
September 1, 2020	
Dr Cash	$1,980	
Dr Accounts receivable $300
Cr Sales revenue $1,730
Cr Unearned sales revenue $550 
September 1, 2020
Dr Cost of goods sold	$1,140	
Cr Inventory $1,140
October 15 2020
Dr Cash $300 
Dr Unearned service revenue	$550	
Cr Accounts receivable	$300
Cr Service Revenue $550
Explanation:
Preparation of the journal entries for Geraths in 2020
June 1 2020	
No entry 
September 1, 2020	
Dr Cash	$1,980	
Dr Accounts receivable $300
($1,730+$550+$1,980)
Cr Sales revenue $1,730
 ($1,980/$2,610*$2,280) 
($1,980+$630=$2,610)
Cr Unearned sales revenue $550 ($630/$2,610*$2,280) 
September 1, 2020
Dr Cost of goods sold	$1,140	
Cr Inventory $1,140
October 15 2020
Dr Cash $300 
Dr Unearned service revenue	$550	
Cr Accounts receivable	$300
Cr Service Revenue $550
 
        
             
        
        
        
Answer:
Wage year 4= $12222.19
Explanation:
Giving the following information:
Each additional year of education causes future wages to rise by 7 percent. 
A person with 12 years of education makes $21 000 per year.
A person with 4 years of education=$?
We will use the present value formula to calculate the wage in year 0. Then with the final value formula calculate the year 4 wage. 
PV= FV/[(1+r)^n]
FV=final value at t time
r= rate
n= period of time
PV= 21000/(1,07^12)= $9324. 2511
Final Value= PV*(1+r)^t
Final Value year 4= 9324.2511*(1,07^4)= $12222.19
 
        
             
        
        
        
Answer: um... Imma say 6 i guess i don't really know
Explanation:
 
        
             
        
        
        
Answer:
 $2,400
Explanation:
The computation of the depreciation expense under the activity-based depreciation method is shown below:
= (Original cost - residual value) ÷ (estimated production units)
= ($12,000 - $4,000) ÷ (20,000 units)
= ($8,000) ÷ (20,000 units)
= $0.4 per unit
Now for the first year, it would be
= Production units in first year × depreciation per unit
= 6,000 units × $0.4
= $2,400