This question is mainly about YOUR opinion. Many will say that it will, but some will say it shouldn't. This is based entirely on your opinion.
Answer: D. If the NPV of a project is zero, then the IRR of the project will be equal to the discount rate for the project.
Explanation:
Net present value (NPV) refers to the difference that exist between the present value of the cash inflows and that of the cash outflows for a particular period of time.
The net present value is used in capital budgeting to determine if a projected investment or project will be profitable or not. For a project with normal cash flows, if the NPV of a project is zero, then the IRR of the project will be equal to the discount rate for the project.
Therefore, the correct option is D.
Answer:
Explanation:
The adjusting entry is shown below:
Supplies expense A/c Dr $2,900
To Supplies A/c $2,900
(Being supplies expense is recorded)
The supplies expense is computed below:
= Supplies opening balance + purchase made - supplies ending balance
= $1,800 + $2,900 - $1,800
= $2,900
For recording this transaction we debited the supplies expense account and credited the supplies account for $2,900
Answer:
Intranet is the answer of this question.
Answer and Explanation:
The journal entry to record the cash sales is shown below:
Cash $82,680
To Sales $78,000 ($82,680 × 100 ÷ 106)
To Sales taxes payable $4,680 ($82,680 × 6 ÷ 106)
(Being the cash sales is recorded)
Here cash is debited as it increased the assets while on the other hand the sales and sales tax payable is credited as it increased the revenue and liability