Answer and Explanation:
The journal entries are shown below:
1 Equipment $53,420
To Cash $53,420
(Being the equipment is purchased for cash is recorded)
The computation is given below:
= Cash price of machine + sales tax + shipping cost + insurance during shipping + installation and testing cost
= $49,500 + $3,650 + $100 + $60 + $110
= $53,420
2. Depreciation expense $9,614
To Accumulated Depreciation - Equipment $9,614
(Being the depreciation expense is recorded)
The computation is shown below:
= ($53,420 - $5,350) ÷ ( 5 years)
= $9,614
Answer:
$109,700
Explanation:
Pharoah Company Outstanding checks on bank reconciliation:
Formula for Outstanding checks on bank reconciliation will be:
Outstanding checks on bank reconciliation = Total checks outstanding+Checks issued during month -checks cleared during the month
Hence,
= $42,200+$263,900-$196,400
= $109,700
Therefore the amount of outstanding checks on Pharoah Company's bank reconciliation should be $109,700
now suppose that the government immediately pursues an accommodative policy by increasing government purchases in response to the short run economic impact of the higher oil prices <u>The output will be $billion and the price level will increase.</u>
<h3>What is
accommodative policy?</h3>
When a central bank (like the Federal Reserve) tries to increase the general money supply to support the economy when growth is stalling, this is known as accommodating monetary policy, often known as loose credit or easy monetary policy (as measured by GDP). The goal of the policy is to allow the money supply to increase in step with both the demand for money and national revenue.
- The expansion of the money supply by central banks to stimulate the economy is known as accommodating monetary policy.
- The Federal funds rate has been decreased as part of monetary policies that are deemed accommodating.
- The goals of these policies are to lower the cost of borrowing money and boost consumer spending.
To learn more about accommodative policy from the given link:
brainly.com/question/14245561
#SPJ4
<h3><u /></h3>
Explanation:
First of all we need to know what stereotype actually is. So stereotype is basically the over generalized belief of someone about something or someone else based on some assumptions. The simplest example of stereotype can be seen as, 'A woman is always caring'. This is a stereotype about a particular group of human beings. So there are a lot of other stereotypes too which prevails in our societies. Now we have to overcome such stereotypes by doing the following things:
- Admit and Say that the stereotypes are wrong
- Find famous people to give examples of, who think stereotypes are wrong
- Debate about the wrong associated with stereotypes by giving them sufficient evidence and examples
- Do what you feel like doing about breaking the stereotypes
- Provide data to people with examples about people who are not that stereotype.
Firms can raise the financial capital they need to pay for such projects in four main ways: (1) from early-stage investors; (2) by reinvesting profits; (3) by borrowing through banks or bonds; and (4) by selling stock. When owners of a business choose sources of financial capital, they also choose how to pay for them.
ummmm I ain't sure if this is the answer you need please read properly before you write
