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2 years ago

Which of the following is NOT Considered personal information?

Business

2 answers:

lbvjy [14]2 years ago

5 0

Answer: NOne of the above. Or C Place of employement

Explanation:

andre [41]2 years ago

3 0

I would say B, because it’s something that most people know and A and D is definitely personal. C is something that sounds like it could be the answer, but I mean you don’t usually tell most people about your work life or anything like that.

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This information relates to Sage Hill Co.

fiasKO [112]

The preparation of the journal entries to record the transactions of Sage Hill Co. are as follows:

<h3>Journal Entries:</h3>

April 5 Debit Inventory $27,900

Credit Accounts Payable (Oriole Company) $27,900

Credit terms 4/10, n/30.

April 6, Debit Freight-in $520

Credit Cash $520

April 7, Debit Equipment $32,700

Credit Accounts Payable $32,700

April 8, Debit Accounts Payable (Oriole Company) $4,800

Credit Inventory $4,800

April 15, Debit Accounts Payable (Oriole Company) $23,100

Credit Cash $22,176

Credit Cash Discounts $924

<h3>Transaction Analysis:</h3>

April 5 Inventory $27,900 Accounts Payable (Oriole Company) $27,900

Credit terms 4/10, n/30.

April 6, Freight-in $520 Cash $520

April 7, Equipment $32,700 Accounts Payable $32,700

April 8, Accounts Payable (Oriole Company) $4,800 Inventory $4,800

April 15, Accounts Payable (Oriole Company) $23,100 Cash $22,176 Cash Discounts $924

Learn more about recording transactions at brainly.com/question/24835236

3 0

2 years ago

Western Bank & Trust purchased land and a building for the lump sum of $3 million dollars. To get the maximum tax deduction,

leonid [27]

Answer:

Explanation:

Because land never depreciates, Western Bank & Trust wanted to distribute a higher percentage of the purchase price to the building, rather than the land. By allocating 90% of the purchase price to the building, rather than a more accurate 70%, Western Bank & Trust increases the depreciation amount of the building each year. For tax purposes, the IRS requires that the Modified Accelerated Cost Recovery System (MACRS) be used as the depreciation method used by companies. Under this method, the IRS specifies the useful life for a specific asset. MACRS also ignores residual value of an asset at the end of its useful life. By stating that the building was worth 90% of the total purchase price, Western Bank is attempting to increase its tax deduction from the IRS, because only the building depreciates, not the land. This improper allocation of the total purchase amount violates GAAP principles, which require that accounting information be “relevant and have faithful representation.” The information must be “complete, neutral, and free from error” (Nobles, Mattison, & Matsumura, 2014). For Western Bank to provide complete, neutral, and free from error information, it should record the transaction honestly: 70% to the building, 30% to the land. This dishonest representation is harmful to the federal government in that it is allowing Western Bank to take more money than what it is owed. If these kinds of situations happen on a large scale, it could have a huge impact on the economy in general. Source: Nobles, T., Mattison, B., & Matsumura, E. M. (2014). Horngren's Accounting, 10th Edition. Pearson Education, Inc. Student 2

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2 years ago

What is the first account number used in the breneman

Kazeer [188]

Either c or d idk man

3 0

3 years ago

Read 2 more answers

banc corp. trust is considering either a bankwide overhead rate or department overhead rates to allocate $272,000 of indirect co

valkas [14]

$96,000 would be the indirect costs allocated to the commercial department.

These include expenses linked to many projects and expenses unrelated to the project's actual construction. Examples of typical indirect project costs include payroll taxes, employee benefits, workers' compensation insurance, general liability insurance, and equipment fuel and maintenance.

indirect expenses are accounting, auditing, and legal fees, as well as business permits, office expenses, rent, supervisor salaries, telephone expense, and utilities. Indirect expenses may or may not be allocated.

Following is how the price per unit is calculated: Divide $272,000 by 17,000 direct labor hours to get $16.

17,000 direct work hours were contributed by both consumers and enterprises in total (11,000 + 6,000).

Currently, the indirect cost per unit is $96,000, or about 16,600 hours of commercial direct labor.

The amount of direct labor hours required to create one unit of a product is known as the direct labor hours. By dividing the total number of finished items by the total amount of direct labor hours required to produce them, the figure is obtained.

To learn more about DLH refer to:

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3 0

1 year ago

Most corporations pay quarterly dividends on their common stock rather than annual dividends. Barring any unusual circumstances

user100 [1]

Answer:

The DDM tells us that share price = D*(1+G)/R-G

Dividend = 4.00

G= 0.05

R= 0.15

Price = 4*(1.05)/0.15-0.05

Price= $42

Explanation:

We use the dividend discount method to estimate the current price. We use the growth rate and required return to figure out the current price by using the DDM formula.

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3 years ago

Read 2 more answers