Answer:
Amount of interest revenue recognized
Explanation:
Principal amount P = $88500
Rate of interest r = 7 %
Total number of days = 120
So interest
Number of days from 8 june to 30 june = 30-8 = 22 days
So left days = 120-22 = 98 days
So amount of interest revenue recognized
Answer & Explanation:
Straight Line table
<em><u>The straight-line Method</u></em> is simply and easy to understand, It distribute the depreciation equally between years. So that implies that the formula should be:
195,000 - 9,000 = 181,000
181,000 / 4 = 45,250
Double Declining table
<em><u>The Double declining </u></em>You double the straight line rate
Current Book Value x rate = depreciation expense
190,000 x 1/2 = 95,000
Business casual, you don't want to look too fancy, or anything.
Answer:
C) performance-reward
Explanation:
EXPECTANCY THEORY -
According to this theory , it argument regarding the tendency to act in a particular way is dependent on the strength of the expectation .
<u>This theory focus on three major relationships , i.e. , </u>
- Effort-performance relationship
- Performance - reward relationship
- Rewards - personal goals relationship
Performance - reward relationship -
It is the degree to which the particular person believes , as performing at the particular level will lead to the desired expectations or outcomes of the employer .
Hence , from the question information ,
The correct term for the given statement is Performance - reward relationship .
Answer:
1. $5,700
2.
Dr depreciation expense $1,690
Cr accumulated depreciation $1,690
Explanation:
Crane Chemicals Company:
Under the straight-line method, the amount of depreciation remains the same over the useful life of the asset, in other words, the depreciation expense for 1 year to year 5 would be the same.
annual depreciation=(cost-salvage value)/useful life
annual depreciation=($31,400-$2,900)/5=$5,700
Salt Creek Country Club
annual depreciation=(cost-salvage value)/useful life
annual depreciation=( $17,500-$600)/10=$1,690
The journal entries for depreciation would be a debit to depreciation expense and a credit to accumulated depreciation accounts