Hello!
Here are some tips:
• Get a good night's sleep. Believe me, if I don't get at least 7 hours of sleep before a big test, my mind won't function properly and I'll forget everything I'd practised. So, please, get enough sleep.
• Eat something good before the test. It'll help you. When your belly is full, almost everything is okay! :D Seriously, eat enough so that you wouldn't get hungry during the test, and you'll have less to think about. Also, make sure the food doesn't contain too much sugar.
• Take breaks when you're studying. Do NOT cram all those facts in your head, because they won't stay there. Set up a schedule and designate a specific part of every day to studying, and it shouldn't be longer than half an hour.
• Here's a bonus tip I've learned from past experiences. Please don't use TVs, phones, and anything that will distract you. If you need a calculator, USE A CALCULATOR, and not an online one. Otherwise you won't be as productive and it'll definitely distract you.
Answer:
Treasury Federal Reserve Bank State
Explanation:
Treasury Federal Reserve Bank State has the key responsibility of controlling and managing all the outflow and inflow of money and interest. Inspections and monitoring of large financial institutions to assure the country's banking sector's safety and legitimacy.Uphold banking system flexibility and contain default risk which may occur in economic markets.
In accounting, the invoice 2/10, n/30 means that the customers has to pay $500 within 30 days. If he can pay earlier, say within 10 days from the date of purchase, a cash discount of 2% is given. If the customer pays on the 9th day, he would only have to pay
500(100% - 2%) = $490
Answer:
$25,000
Explanation:
Calculation to determine How much goodwill should be recognized by Rommer Company when recording the purchase of Daley Inc.
Using this formula
Goodwill=Beginning cash-Ending book value-Fair value tangible assets-Fair value intangible assets
Let plug in the formula
Goodwill=$4,700,000-$4,000,000-$525,000-$150,000
Goodwill=$25,000
Therefore the goodwill that the company should be recognized by Rommer Company when recording the purchase of Daley Inc. $25,000
Answer:
Explanation:
Income statement
Sales commission 52,800
Expenses :
Rent expense -4,500
Automobile expense -1,100
Miscellaneous expense -1,200
Office salaries -5,250
Supplies expense -1,000
Net income $39,750
Western Realty
Statement of Stockholders' Equity
For the month ended August 31, 2019
Common Stock Retained Earnings Total
1 Balances, August 1,2019 35,000 35,000
2 Net income 39,750 39,750
3 Dividends -3,000 -3,000
4 Balance August 31, 2019 $35,000 $36,750 $71,750
