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3 years ago

Credit and debit

Business

2 answers:

MrRissso [65]3 years ago

6 0

Answer:

Motorcycle A/c Dr. 65,000

To Cash A/c 65,000

Motorcycle is asset

asset will be Dr. when increase

Cash is asset and

asset will be Cr. when decrease

buying motorcycle from cash,

Motorcycle coming cash going

Motorcycle → Debit

Cash → Credit

VLD [36.1K]3 years ago

5 0

Answer:

Motorcycle - Dr.(Debit)

Cash - Credit (Cr.)

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Answer:

1. $26 per unit

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3. $503,360

Explanation:

1. Computation of per unit mineral cost

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Per unit mineral cost=1,372,800/52,800

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3 years ago

Given the following owner’s income and expense estimates for an apartment property, formulate a reconstructed operat-ing stateme

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Answer:

$363,000

Explanation:

Calculation for the property’s indicate market value.

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3 years ago

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Answer:

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Examples of tax avoidance are;

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Tax evasion is a deliberate attempt by a tax payer to avoid payment of tax liability. It is a fraudulent action by a tax payer to wilfully evade tax in an illegal manner. In tax evasion, income is concealed to tax authorities inorder to evade tax payment which is a criminal offence. It is to be noted that tax evasion is illegal in the eye of the law.

Example of tax evasion is ;

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3 years ago

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Entries are given below

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