We are given the different rates and charges and is asked in the problem the unknown tax rate she pays on meals if the total cost of the trip is equal ot $420.04. In this case, the equation goes:
80 x 3 + 80 x 0.1 x 3 + 80 x 0.09 x 3 + 109.3 x 1.15 + 109. 3 x z = 420.04
z = 0.08
Stair rails is a barrier along the open sides of stairways and platforms that prevent falling is
Answer:
unrealized gain from change in market value = $10,617
Explanation:
Bonds carrying value = $739,816
amortization of bond discount = ($739,816 x 6%) - ($800,000 x 5.5%) = $389
amortization of bond discount = ($740,205 x 6%) - ($800,000 x 5.5%) = $412
bond's carrying value = $740,205 + $412 = $740,617
unrealized gain = carrying value - market value = $740,617 - $730,000 = $10,617
Answer: Debit Notes Receivable 7,800
Sales(to record sales) 7,800
Explanation:
When a customer signs a promissory note in exchange for commodity then the entry to record sales is recorded by debiting notes receivable.
here, sales = $7,800 = Debit Notes Receivable
The entry to record the sales transaction would be
Debit Notes Receivable 7,800
Sales(to record sales) 7,800
