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lakkis [162]
3 years ago
8

Dont write down but what does ENOLA spell backwards thank me if you got it right

Business
2 answers:
Leni [432]3 years ago
8 0

Answer:

pain

Explanation:

vivado [14]3 years ago
3 0

Answer:

Alone

Explanation:

Enola

alonE

alone

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Kier Company issued $660,000 in bonds on January 1, Year 1. The bonds were issued at face value and carried a 5-year term to mat
yuradex [85]

Answer:

Interest Expense $39,600

Cash Flow from Operating Activities $39,600

Explanation:

Payment of Interest Expense is the cash expense paid during the year which is deducted from the operating profit in the calculation of net income which is used to determine the cash flow from operating activities.

Interest on the Bond = $660,000 x 6% = $39,600

At the time of payment Journal Entry will be as follow

Dr. Interest Expense   $39,600

Cr. Cash                       $39,600

As the cash is paid against the operating activities.

3 0
3 years ago
the bookkeeper for Blue Spruce Equipment Repair made a number of errors in journalizing and posting, as described below. For eac
Sergeu [11.5K]

Answer:

Note: The full question is attached as picture below

                               (a)                   (b)                   (c)  

                                In                                      Larger  

                            Balance      Difference       column

1.                               No               $725             Debit  

2.                             Yes                 NA                NA  

3.                              Yes                 NA                NA  

4.                               No               $225            Credit  

5.                              Yes               $684               NA  

6.                               No                $45             Credit

7 0
3 years ago
Carpark Services began operations in 20X1 and maintains long-term investments in available-for-sale debt securities. The year-en
Rzqust [24]

Answer:

Dr Available for sale securities 11,500

    Cr Unrealized gains - AFS securities 11,500

Explanation:

The securities cost is $420,000 while the fair market value is $431,500, so the difference is an unrealized gain of = $431,500 - $420,000 = $11,500.

Unrealized gains are included in Other comprehensive income account, which belongs under stockholder equity. When unrealized gains increase, then they should be credited.

Since the securities are held as investment assets, they should also increase by debiting the account.

7 0
3 years ago
Division A reported income from operations of $975,000 and total service department charges of $675,000. As a result, a.consolid
alexgriva [62]

Answer:

c.income from operations before service department charges was $1,650,000

Explanation:

We can see from the information in the question, that income from operations and service department charges sum a total of $1,650,000

Gross income before service department charges = $975,000 + $675,000

                                                                                    = $1,650,000

8 0
3 years ago
Archie Co. purchased a framing machine for $45,000 on January 1, 2021. The machine is expected to have a four-year life, with a
swat32

Answer:

depreciation for 2021 is $ 18,000

book value at December 31, 2021 is $ 27,000

Explanation:

Sum of Digits Method is a depreciation method that provides for higher depreciation to be charged early in the life of an asset with a lower depreciation in later years.

Sum of digits for the  framing machine is calculated as follows :

Year                                           Sum of Digits

1                                                          4

2                                                         3

3                                                         2

4                                                          1

Total                                                   10

<u>Depreciation for 2021 is calculated as :</u>

= 4/10× $ 45,000

= 18,000

<u>Book value at December 31, 2021 is calculated as :</u>

=Cost - Accumulated Depreciation

=$45,000 - $ 18,000

=$ 27,000

4 0
3 years ago
Read 2 more answers
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