Answer:
The correct answer is D
Explanation:
The journal entry which is to be posted on December 31, is as:
Rent receivable A/c............................Dr $4,400
Rent Earned A/c...............................Cr $4,400
As the two months rent is not paid so the adjusting entry which is to be posted is that the rent receivable account is debited whereas the rent earned account is credited with the amount of two months rent. (which is $2,200 + $2,200 = $4,400).
Answer:
111 pounds
Explanation:
The number of pounds Cynthia should order each day can be calculated as follows
Calculation
Standard deviation = 20
Mean = 100
Cost of actual utilization = 8-3 = 5
Cost of Under utilization = 4-2 = 2
Probability of sale = Co/(Cu+Co)
Probability of sale = 5/(5+2)
Probability of sale =0.714
Z score at above probability = z = 0.57
hence cynthia should order= mean+z*standard deviation
Order = 100+0.57*20
Order = 111.4 or 111 pounds
Answer:
Bond price= $1,793.62
Explanation:
Giving the following information:
Face value= $2,000
Number of periods= 17
Cupon rate= 0.077
YTM= 0.089
T<u>o calculate the price of the bond, we need to use the following formula:</u>
Bond Price= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]
Bond Price= 154*{[1 - (1.089^-17)] / 0.089} + [2,000/1.089^17)
Bond Price= 1,324.21 + 469.41
Bond price= $1,793.62
Answer and Explanation:
1. Interest Revenue $23,000
Sales Revenue $510,000
To Income Summary $533000
(Being closing of revenues accounts are closed)
2. Income Summary $453,000
To Sales returns $20,000
To Sales Discounts $7,000
To Cost Of goods sold $310,000
To Freight out $2,000
To Advertise Exp $15,000
To Interest Exp $19,000
To Salaries & Wages $55,000
To Utility $18,000
To Depreciation $7,000
(Being closing of expenses accounts are closed)
3. Income Summary $80,000
To Retained Earning $80,000
(Being profit is recorded)
4. Retained Earning $30,000
To Dividends $30,000
(Being closing of dividend is recorded)
That is false
The court would never do that , but before you would eat , you need to check if this belong to you or not
