<span>B.The climatologist's prediction is probably wrong. Since the past few winters have not had very cold weather, it is more likely that the next winter will also not have very cold weather.</span>
Answer:
Explanation: current assets are assets other than fixed asset that a company uses in its day to day operations and are noted in the Balanced sheet of an organisation and they include:
Cash, Account receivable, Inventory, Supplies.
From the above question, the current asset of Buffalo Industries is stated below:
Balanced Sheet (extract)
Current assets :
Cash $97,340
Merchandise inventory $167,950
Supplies. $12,560
Total current asset. $277,850
Answer:
debit the van account with $63,000
Explanation:
The Lindy's cost of the van is analyzed below:
Delivery van invoice price $60,000
discount ($4,000)
sales tax $5,000
cost of logo and advertising $2,000
annual insurance cost $0
Cost of the van $63,000
The sales tax is included as it cannot be reclaimed from the relevant tax authority.
Cost of logo and advertising even though looks like a revenue expense that should not be capitalized,but in actual terms is a cost incurred to bring asset to current position of being able to be recognized as belonging to Lindy's Flowers.
Answer:
Explanation:
minimum reserve = 491.226
Reserve held through 21 days = 37 x 12 = 444
To be held last two days = 47.226
check the picture attached for more explanation to the problem
Answer:
B. Pass the vision exam at the FLHSMV. I believe this is the correct answer.
Explanation:
