A. its a tailpor made for each job
Answer:
PV = $155,343
Explanation:
This question requires application of PV of annuity, according to which:
PV = p [1-(1+r)^-n/r]
P= Periodic Payment
r = rate of period
n = number of periods
r = 3%/12 = 0.25% (monthly), n = 120, P = $1500
PV = 1500 * [\frac{1 - (1 + 0.0025)^{-120}}{0.0025}]
PV = 1500 * 103.5618
PV = $155,343
Answer:
The one entry is recorded
Explanation:
The journal entry is shown below:
Inventory A/c Dr (Ending inventory) $10,000
Cost of goods sold A/c Dr (Balancing figure) $94,000
To Inventory A/c Dr (Beginning inventory) $5,000
To Purchase account $99,000
In mathematically,
Cost of goods sold = Beginning inventory + purchase - ending inventory
= $5,000 + $99,000 - $10,000
= $94,000
Checks have several vital pieces of information, including
- routing number
- account number
- check number
- payee
- payor
- amount (in numbers)
- amount in writing
- payor signature
- whatever security features the bank includes
Community colleges offer two-year programs that enable students to obtain an associate degree. Community colleges are smaller colleges within each community that will allow a person to go to college and study for an associates degree. After the completion of the associates degree, the student can continue their education at a four year college or join the workforce.
