The taxable value of the property in the tax area is usually referred to as the ? value

For each of the following separate situations, prepare he necessary accounting adjustments using the financial statement effects

mash [69]

Answer:

depreciation expense equipment 610 debit

accumulated depreciation equipment 610 credit

utilities expense 390 debit

utilities payable 390 credit

rent expense 700 debit

prepaid rent 700 credit

insurance expense 468 debit

prepaid insurance 468 credit

wages expense 965 debit

wages payables 965 credit

interest receivables 300 debit

interest revenue 300 credit

Explanation:

(C) rent calculations

2,800 --> four period of rent

2,800 / 4 = 700 per period

(D) insurance calculations

624 for the entire years

expired 9 months in this period

$624 x 9/12 = 468

8 0

2 years ago

Petrus Company has a unique opportunity to invest in a two-year project in Australia. The project is expected to generate 1,000,

aliya0001 [1]

Answer:

$(94,179)

Explanation:

Particulars Year 0 Year 1 Year 2

Cash flows ($1,500,000) A$1,000,000 A$2,000,000

DCF 14% 1 0.8772 0.7695

Present Values 1500,000 A$877,200 A$ 1,538,935

Conversion 1 0.55 0.60

P V in US$ (1,500,000) 482,460 923,361

Therefore Net Present Value = 482,460 +923,361 - 1,500,000 = $(94,179)

8 0

3 years ago

for each of the following goods that are imported in the united states, identify which of the three sources of comparative advan

olya-2409 [2.1K]

For each of the following goods that are imported in the United States, abundant input is the only source of comparative advantages that accounts for that country's comparative advantage. Therefore, the option A holds true.

<h3>What is the significance of a comparative advantage?</h3>

A comparative advantage can be referred to or considered as a situation in which a producer has an economic advantage over the other in a number of economic activities. At least two economies need to be a part of the society for the occurrence of a comparative advantage.

Abundant inputs is one of the key sources of comparative advantage. It is considered as a source that can account for another country's comparative advantage, when it lets the United States import its goods.

Therefore, the significance regarding comparative advantage has been aforementioned.

Learn more about comparative advantage here:

brainly.com/question/13221821

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7 0

1 year ago

The owner of an orange grove must decide when to pick one variety of oranges. She can sell them for $27 a bushel if she sells th

uysha [10]

Answer:

The oranges should be picked in 2 weeks for maximum return

Explanation:

We assume that the return of the owner is y ($)