Answer:
$223,200
Explanation:
to determine the depreciation charge, calculate the book value of the asset. use this revised book value to calculate the depreciation using the revised estimates
Straight line depreciation expense = (Cost of asset - Salvage value) / useful life
Book value = cost of the asset - accumulated depreciation
$1,470,000 - $354,000 = $1,116,000
salvage value - 0
useful life = 5
Straight line depreciation expense = $1,116,000 / 5 = $223,200
Answer:
The correct answer is Legal.
Explanation:
A legal problem is a dispute that must be resolved within the framework of current law. When the same is submitted to a judge's decision, the obligation to motivate it is usually imposed. This requires defining the dispute based on the normative and factual statements that are introduced by the parties in the process, supported by hermeneutical consensus and / or evidence. When the judge has the full normative and factual information - and their respective interpretative and probative grounds -, he is in a position to formulate the problem. This then has a double component: the normative, which refers to the general aspect of the controversy and states the topic on which the debate will turn, and the factual one, which indicates the characteristics of the case that give the particular hermeneutical turn to the general theme.
<span>Some people consider mutual funds a more convenient investment than stocks or bonds because </span>owning an individual stock would carry more risk than a mutual fund. The type of risk is unsystematic. Unsystematic risk means that by owning just one stock, you would be carrying company risk that may not apply to other companies in the same sector of the market.
Answer:
a is the acceleration of the declaration
An accountant has debited an asset account for $1,300 and credited a liability account for $500 -The following would be an incorrect way to complete the recording of the transaction (D) Debit a Stockholders' account for $800.
Explanation:
By using the accounting equation
Total assets = Total liabilities + Total stockholder equity
where,
Debited Total assets = $1,300
Credited Total liabilities = $500
So, the total stockholder equity is
= $1,300 - $500
= $800
So, the incorrect way is to debit a stockholder equity for $800
