Answer:
Cedrick's potential maximum liability = $50
Explanation:
Given:
$250 = a Blueminusray player
$600 = new set of tires
$200 = Cash withdrawal
$40 = interest charges
Find:
Cedrick's potential maximum liability
Computation:
Cedrick's potential maximum liability = Blueminusray player - Cash withdrawal
Cedrick's potential maximum liability = $250 - $200
Cedrick's potential maximum liability = $50
Assuming the user took advantage of this offer, the amount that would be discounted on a $10,000 invoice is: $200.
<h3>
Discounted amount </h3>
Using this formula
Discounted amount =Discount rate× Invoice
Let plug in the formula
Discounted amount=2%×$10,000
Discounted amount=$200
Therefore assuming the user took advantage of this offer, the amount that would be discounted on a $10,000 invoice is: $200.
Learn more about Discounted amount here:brainly.com/question/12965533
#SPJ1
C. partnership
the answer will be c because more then one person comes in hand with partner
Answer:
Basis in the tractor 78.000 and new trailer basis 30.000
Explanation:
The adjusted basis is referred to as the cost basis of the assets as reduced by the cost recovery amount including the depreciation at the point of sale. Alternatively, the adjusted basis can be termed as the unrealized cost basis of the assets. The formula for the adjusted basis is:
Adjusted basis = cost basis - Cost recovery deductions
The adjusted basis for B's tractor and trailer is calculated as follows:
Adjusted basis for tractor = Cost of tractor
=102.000 - 24.000
=78.000
Adjusted basis for new trailer = Cost of trailer
=30.000
Answer:
Date Account Debit Credit
Sep 9 Petty cash $420
Cash $420
Sep 30 Merchandise inventory $53
Postage expense $70
Miscellaneous expense $123
Cash shortage $8
Cash $254
Oct 1 Petty cash $30
Cash [450-420] $30
