Answer:
Answer:the the opening balance is =26041the total receive were=39567the the bank balance if opening=13526.
Explanation:
Answer:
(a) update depreciation for 2018
Debit ; Depreciation $10,800
Credit Accumulated Depreciation $10,800
(b) record the sale
Debit : Cash $12,960
Debit : Accumulated Depreciation $62,100
Credit : Profit and Loss $10,260
Credit : Equipment at Cost $64,800
Explanation:
(a) update depreciation for 2018
Recognize deprecation
(b) record the sale
Recognize proceeds from sale and profit or loss from sale
Answer: $62
Explanation:
The customer sold the stock short at $74 per share. Later on, the customer sold a Sept 65, Put at $3 on this stock. If the short put is exercised, the customer is obligated to buy the stock at $65 per share. Since the customer received $3 in premiums when the put was sold, the net cost to the customer is $62 per share for the stock (this is the cost basis in the stock for tax purposes). The stock that has been purchased is delivered to cover the short sale, closing the transaction. The customer's gain is: $74 sale proceeds - $62 cost basis = 12 point gain.
Answer:
ignored the concept of scarcity
Answer:
D. economic cost adds the opportunity cost of a firm using its own resources while accounting cost does not.
Explanation:
Accounting cost is equal to total explicit Cost. It is the actual cost expended in carrying out a project.
Economic cost is explicit cost plus opportunity cost.
Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.
Economic cost is usually larger than accounting cost.
I hope my answer helps you
