In order for a statewide income tax to be approved, there must be a vote with the majority approving the measure.
<span>Texas will not implement a statewide income tax in the immediate future because the voters will disapprove the measure.</span>
Answer:
2 nd year ( FORM 2)
Explanation:
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Answer:
B
Explanation:
Budgeting does not necessarily be prepared by the top management. But it is important they will know the budget in order for them to properly make wise decision for the betterment of the company that plays a vital role in attaining their organizational goal.
Answer:
$10,000 increase
Explanation:
The computation of the net differential increase or decrease in cost for the entire five years for the new equipment is as follows:
<u>Particulars Keep the Replace the Effect on Cost </u>
<u> old mach. new mach. </u>
Cost of 5 years 350,000 225000 -125000.00
Investment in new machine 0 150000.00 150000.00
Salvage value of old machine 0 -15000.00 -15000.00
Increase in cost 350,000 360000.00 10000.00
Dr. bills Payable 6300 Notes Payable 6,300.
The journal entry used for recording the issuance of a note for the cause of converting a current account payable could be to debit the bills payable and credit the notes payable.
A magazine entry is a record of an enterprise transaction for your business books. In double-access bookkeeping, you're making at least two journal entries for each transaction. Because a transaction can create a variety of changes in a commercial enterprise, a bookkeeper tracks them all with magazine entries.
An example of a journal is a diary in which you write about what happens to you and what you are wondering. An example of a journal is the brand new England journal of drugs, wherein new studies are posted which are relevant to docs and medicinal drugs.
Magazine entry format is the usual layout utilized in bookkeeping to maintain a record of all of the organization's business transactions and is especially based totally on the double-access bookkeeping device of accounting and guarantees that the debit aspect and credit facet are usually the same.
<em>The question is incomplete. Please read below to find the missing content.</em>
The journal entry to record the conversion of a $6,300 accounts payable to notes payable would be
A: Cash 6,300
Notes Payable 6,300
B: Notes Receivable 6,300
Notes Payable 6,300
C: Notes Payable 6,300
Cash 6,300
D: Accounts Payable 6,300
Notes Payable 6,300
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