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3 years ago

At what point in time is the future value of an annuity-due found?.

2 answers:

7 0

Present value of annuities and annuity payments The present value of an annuity is the sum of the discounted value of all future cash flows.

Answer:An annuity that pays $1,000 at the beginning of each yearPTM of the annuity selling for 2,541.15 $ 437.50 Present value of the Jackpot: $62,063,701

julia-pushkina [17]3 years ago

4 0

Answer:

An annuity due is a series of payments made at the beginning of each period in the series. Therefore, the formula for the future value of an annuity due refers to the value on a specific future date of a series of periodic payments, where each payment is made at the beginning of a period

Explanation:

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Which of the following is false concerning special basis adjustments under Section 754? Multiple Choice Special basis adjustment

podryga [215]

Answer:

Special basis adjustments are an annual election made by the partnership.

Explanation:

According to section 754, the election option is available when some prescribed types of distribution of assets from the partnership to a partner occur if transfer of interest by either of sale, exchange or death of partner ocurred, otherwise such section will not be applicable. Once such section applied it will continue to be applied to all tranfers.

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3 years ago

he supplies account had a balance of $4,400 at the beginning of the year and was debited during the year for $2,400, representin

nexus9112 [7]

Answer:

$6,400

Explanation:

Financial Statements depicts the financial position of a firm at a particular point of time or specified date. The users of financial statements use various types of analysis to understand or compare the current financial statements of the company to prior years or with those of the competitors.

Supplies account is an asset account and has normal balance as debit balance. It increases with the purchase and decreases with the use of supplies.

Given:

Supplies (beginning) = $4,400

Purchased (supplies) = $2,400

Supplies (ending) = $400

Let supplies expense be x.

Now,

Supplies (ending) = Supplies (beginning) + Purchased (supplies) - Supplies expense

$400 = $4,400 + $2,400 - x

$400 = $6,800 - x

x = $6,800 - $400

Supplies expense = x = $6,400

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3 years ago

While working on a coloring worksheet, 5-year-old Aaliyah can be heard whispering, "Color this one blue. Stay in the lines. Oh,

dimulka [17.4K]

Answer:called private speech

Explanation:A Private speech is speech spoken to oneself for communication, self-guidance, and self-regulation of behavior. Children from two to about seven years old can be observed engaging in private speech. Although it is audible, it is neither intended for nor directed at others.

Private speech is self-talk children (and adults) may use to guide actions and aid in thinking. While Piaget may view private speech as egocentric or immature, Vygotsky understood the importance of self-directed speech.

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3 years ago

Which of the following include the Market Structure

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There is nothing following lol

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3 years ago

Read 2 more answers

The transactions listed below are typical of those involving New Books Inc. and Readers’ Corner. New Books is a wholesale mercha

Anuta_ua [19.1K]

Answer:

Readers' Corner

1. Effect of each transaction on the Inventory Balance:

a. $625,000 Purchase: Inventory balance is increased

b. $11,000 Allowance: Inventory balance is decreased.

c. $614,000 Payment: Inventory balance is not affected.

a. Debit Inventory $625,000

Credit Accounts Payable (New Books) $625,000

To record the purchase of new books on account.

b. Debit Accounts Payable (New Books) $11,000

Credit Inventory $11,000

To record the allowance received from New Books.

c. Debit Accounts Payable (New Books) $614,000

Credit Cash Account $614,000

To record the payment on account.

Explanation:

Readers' Corner records its transactions with New Books Inc. by initially using the journal. The entries in the journal identify the accounts involved in each transaction. During the recording, the accounts to be debited and the ones to be credited in the general ledger are identified and recorded accordingly.

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4 years ago