Answer:
1. a.) Dr Supplies 4500
Cr Cash 4500
b.) Dr Supplies expense 1000
Supplies 1000
2.a.) Dr Prepaid insurance 24000
Cr Cash 24000
b.) Dr Insurance expense 2000
Cr Prepaid insurance 2000
3. Dr Salaries expense 16000
Cr Salaries payable 16000
4.a.)Dr Cash 4500
Advance rent 4500
b.)Dr Rent expense 1500
Cr Advance rent 1500
Explanation:
1.Supplies were purchased on cash and at the end of period supplies were on hand was 3500 so 1000 was of supplies were used.
2. Annually insurance prepaid was 24000=2000 * 12.so
For the month of Dec was 2000 expense.
3.Salaries for the month of Dec was payable of Rs.16000.
4.As cash was received against rent which was unearned.the rent expense for the month of Dec was = 4500/3=1500.
Answer: 1. $818,000
2. Check attachment
Explanation:
1. The amounts that will be reported for consolidated net income will be $818,000.
(2) Note that for the net income attributable to the non-controlling interest, respectively, in the parent's consolidated financial statements was calculated as:
= ($144,000 - $46,000) × 30%
= $98,000 × 0.3
= $29400
Kindly check the attachment for more analysis.
The term that refers to the cost that stimulates or inspires an economic decision is called INCENTIVE. Most of the type, incentives come in a form of payment or cash in the economic perspective. This gives an individual more reason to strive harder to become better in every action or task he performs.
Answer:
The infrastructure used for marketing sales in the past becoming useless for today’s needs is described below in detail.
Explanation:
Public activities are the design of modern life. Whether community or agricultural, the roads that convey our goods, the gutters that preserve our health and wealth, the cables that provide our electricity, and the vessels that transport our water enable society to operate. Every amenity our neighborhoods take for the award is built on preparation, architecture, building, and managing these assets.
Throughout history, people have prospered through improvements in government works.
