One of the advantages associated with television as an advertising medium is that it:

Andrea is a real estate agent, however, she does not have a license as required by statute. Andrea sells a piece of property to

faust18 [17]

The answer is "A) If the licensing statute is primarily a regulatory statute, (designed to protect the publicity), Andrea cannot collect her commission."


Regulatory statutes refers to the licensing statutes sanctioned to ensure general society. unlicensed people can't recuperate installment for giving administrations that an authorized individual is required to give.

4 0

3 years ago

What is a rental inventory and why is it a good idea to have one?

bearhunter [10]

A rental inventory is basically like people rent you things. Cars, and lots of stuff. its a good idea to have a rental inventory because you can rent people things in a business.

3 0

2 years ago

If the market interest rate drops to 5% on December 31, 2022, it will cost $458,290 to retire the bonds. Record the retirement o

dlinn [17]

To record the retirement of bonds we have to debit the bond payable account with $435,376, debit the interest account with $22,914, and credit the cash account with $458,290.

The retirement of the bond takes place when they are required to be redeemed before they mature. In other words, if the company wants to buy back its bonds before the period of the bond is over. Sometimes the company will also have to pay the interest amount that is due on the bond to the bond-holder.

The bondholders are creditors of the company. These are the people to have loaned money to the company and who the company has to pay back either at maturity or when the company wants. This should be specified to the bondholder before issuing him the bond. The transaction that will be written to record the transaction will be:

Bonds Payable a/c Dr. 435,376

Interest a/c Dr. 22,914

To cash a/c 458,290.

(Being the bonds retired and interest amount paid)

Learn more about the retirement of bonds here:

brainly.com/question/13960495

#SPJ4

3 0

1 year ago

Hazel owns an event planning company that specializes in very high-end events. Several years ago, Hazel purchased a magnificent

Nastasia [14]

Answer:

D. If Hazel sells the chocolate fountain for $3,300, she will have a $1,500 capital gain.

Explanation:

I´m assuming that Hazel is a person that owns this event planning company.

The current book value of the chocolate fountain = purchase cost - accumulated depreciation = $3,000 - $1,200 = $1,800

If the chocolate fountain (or any asset) is sold at a higher price than book value, then a capital gain must be recognized. If the chocolate fountain is sold at a lower price than book value, then a capital loss should be recognized.

$3,300 (selling price) - $1,800 (book value) = $1,500 capital gain

6 0

2 years ago

Work in process, November 1st Started in production during November Work in process, November 30th Units 16,900 109,000 24,900 T

NemiM [27]

Answer:

Explanation:

Opening units 16900

Started 109000

125900

Transffered 101000

Closing 24900

Production and cost table using Weighted average method

Cost Opening current Total Complete WIP Equivalen Cost

Head Cost Cost Cost Units Units Units PerUnit

Mat. 55,460 477,000 532,460 70,000 22,410 92,410 5.76

Lab. 21,220 191,880 213,100 70,000 7,470 77,470 2.75

MOH 16,140 400,160 416,300 70,000 7,470 77,470 5.37

Complete 70,000 8.51 595,887

Closing Wip

Material 22,410 5.76 129,125

Labour 7,470 2.75 20,548

MOH 7,470 5.3737 40,141

189,814

4 0

3 years ago