), AP At the end of its first year, the trial balance of Wolowitz Company shows Equipment $30,000 and zero balances in Accumulated Depreciation—Equipment and Depreciation Expense. Depreciation for the year is estimated to be $3,750. Prepare the annual adjusting entry for depreciation at December 31, post the adjustments to T-accounts, and indicate the balance sheet presentation of the equipment at December 31.
Based on the depreciation balances and the equipment, the adjustments to the T-accounts and the Balance sheet will be:
Date Account title Debit Credit
December 31 Depreciation expense $3,750
Accumulated depreciation on $3,750
equipment
T account
Depreciation expense Equipment
December 31 $3,750
T account
Accumulated Depreciation on Equipment
December 31 $3,750
Balance sheet presentation
Assets
Property, Plant, and Equipment:
Equipment $30,000
Less: Accumulated depreciation ($3,750)
Equipment (Net book value) $26,250
What are the entries?Depreciation of $3,750 will be debited to the depreciation expense account. The accumulated depreciation account will be credited by the same amount.
In the balance sheet, the equipment value will be reduced by the depreciation amount to $26,250.
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Please help will mark BRAINLIST
Upstake Ltd offers a range of financial services to consumers and small businesses. It is listed on GSE and usually its share price performs in line with market expectations, but its board has been criticised by shareholders at the most recent shareholders’ meeting. Although executive remuneration recommended by the directors was approved at the meeting, a large number of shareholders present complained about the level of remuneration enjoyed by directors and gave the company notice that the shareholders as a body would be looking at taking action to reduce this, if necessary by removing some directors or even the whole board. Finally several questions were asked about the company’s regulatory compliance with regard to CSR and sustainability reporting.
(a) Explain to the board the key issues for shareholders in relation to directors’ remuneration in a listed company.
(b) Explain to the board how the GRI G4 guidelines on sustainability reporting may help the company in reporting on its sustainable development
According to the principles of corporate governance in the GRI G4 guidelines, every listed company ought to have a remuneration committee appointed by the Board.
What is the role of the Remuneration Committee?The role of the Remuneration Committee are
to define and craft the company's policy as regards Remuneration; andto ensure equal remuneration for women and men.Some of the advantages of using the GRI - Global Reporting Initiative (G4) guideline on sustainability reporting are:
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benefits of non legislative methods of resolving consumer conflict
Answer:
dekha !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Examples of stress include:
A) when you are happy
B) when you are running out of time to complete a task
C) when you are studying for a test, but forgot your notes
D) when somebody gives you a compliment
E) when you lose a friend
Answer:
B, C, E
Explanation:
All of these scenarios are negative and can put you in a stressful situation.
As an economic system how does Socialism function
Answer:
socialism is, broadly speaking, a political and economic system in which property and the means of production are owned in common, typically controlled by the state or government. socialism is based on tje idea that common or public ownership of resources and means of production leads to a more equal society.
What is sampling frame?
Answer:
"The list of items from which a sample is obtained is known as the sampling frame." -Website of some kind
Explanation:
Brainliest pls?
3. A U.S. MNC needs to raise capital of $100 million by issuing bonds. The firm can either raise US$ at 5% interest rate or issue foreign bond in Germany denominated in Euro at 6%. The Euro is expected to depreciate by 2% in the following year. What is the best alternative and how much is the effective dollar cost
1. The best alternative for raising $100 million in bonds is B. Borrow Euro.
2. The effective dollar cost of the U.S. MNC is B. approximately 5%.
What is the effect of borrowing the Euro?If the U.S. multinational company (MNC) borrows the $100 million by issuing Euro bonds, it will cost it $5 million annually but it will gain from the depreciation of the Euro by 2%.
The depreciation of the Euro reduces the effective interest rate of 6% for borrowing in the Euro to 4% (6% - 2%).
Answer Options:A. Borrow dollars and the effective dollar cost is approximately 4%.
B. Borrow Euro and the effective dollar cost is approximately 5%.
C. Borrow Euro and the effective dollar cost is approximately 7%.
D. Borrow dollars and the effective dollar cost is approximately 5%.
Thus, the best alternative and the effective dollar cost of the U.S. MNC raising capital of $100 million through the issuance of bonds is B. Borrow Euro and the effective dollar cost is approximately 5%.
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Question 2: Imagine you are a systems analyst trying to understand the bookstore system in
the college. This is system is needed to allow students to order books online for the courses
they are enrolled in. It is used by students and a number of staff (e.g. bookstore manager,
а
bookstore staff, and faculty members). The IT experts provides support to staff and students.
Draw a Rich Picture with a focus on exploring issues related to the bookstore system in the
college. Ask your classmates about their feelings to get multiple perspectives in play (3%).
One important issue that can emerge in this system is lack of accurate data or problems when registering the information in the system.
What does this system require?In this system, it is important data is correctly registered. This includes:
The number of units available for each book.The delivery information of each student.The prices and payment information for each book.What problems can this system have?Considering this system is mainly an information system, the main problem would be that data is not correctly registered. For example:
The system shows there are 20 books available but there are only 10 books available.The system mixes up the delivery information of students.The system does not register correctly the payment informationLearn more about systems in: https://brainly.com/question/14253652
What is the function is your strongest, most obvious mental function?
Answer:
metail
Explanation:
becuse it made for rock bing melted up
1. Why were many large discount retailers slow to sell online in the early days of electronic commerce?
They are slow to sell online because the retailers were adamant to implement online sales at that time because they had huge investments in their physical stores.
What are discount stores in terms of retailing?The term discount retailers is known to be used in discount store, where the merchandiser or a retail store are known to often sells products at prices lower than other traditional retail shores.
Note that some discount stores are like department stores as they are known to offer a wide range of goods at cheap prices.
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The Clarks borrowed $175,000 from a lender to purchase a townhous
is an example of
O A. a line of credit
O B. collateral
O C. a mortgage
O
D. revolving credit
Answer:
C. A Mortgage
Explanation:
Farmers company purchased equipment on January 1 year one for $96,000 The equipment is estimated to have a five-year life and a salvage value of 13,000 the company use straight line depreciation method at the beginning of year for farmer revise the expected life to eight years the annual amount of depreciation expense for each of the remaining years would be
Answer:
$6,240
Explanation:
annual amount of depreciation expense for each of the remaining years would be $6,240.
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Type II error is also called a. Confidence level b. Consumer's risk c. Producer's risk d. Level of significance
Type II error has been known to be called a type of risk which is known as b. consumer's risk.
What is a Type II error?This refers to a scenario in statistics where a consumer does not reject a null hypothesis that is false.
It is called a consumer risk because a consumer might have a null hypothesis that a product is good and fail to reject this hypothesis leading to them picking a bad product.
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..................................................................x
reply if you agree that eddie kaspbrak and stanley uris shouldn’t have dxied in “it cheaper 2” (giving brainliest)
Answer:
do u mind sending the picture of the question
Which type of economy has a high birth and death rate because of lack of adequate health care?
A.
economies with a high standard of living
B.
emerging market economies
C.
developed economies
D.
developing economies
Answer:
D
Explanation:
Because they have a weak healthcare sector and it is possible that their population is malnourished.
Answer
emerging
Explanation:
due to the new way of thinking
Entry for Cash Sales; Cash Over The actual cash received from cash sales was $315,280, and the amount indicated by the cash register total was $315,150.
Answer:
Dr Cash $315,280
Dr Cash short or Over $130
($315,280-$315,150)
Cr (cash register) Sales $315,150
Explanation:
Based on the information given the appropriate journal the entry to record the cash receipts and cash sales is:
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How does public policy impact entrepreneurs?
How does public policy impact entrepreneurs?
What are some specific examples of policies and programs that support new and existing small businesses?
What additional policy considerations can support the development of entrepreneurial skills among young people?
Answer:
Four policies that have an impact on entrepreneurship are: tax policy, regulation, start-up costs and access to capital markets, and legal protection and property rights.
good luck on whatever assignment u got to do
Jim Angel holds a $200,000 portfolio consisting of the following stocks: Stock Investment Beta A $50,000 1.20 B $50,000 0.80 C $50,000 1.00 D $50,000 1.20 Total $200,000 What is the portfolio's beta
Assuming Jim Angel holds a $200,000 portfolio consisting of the following stocks. The portfolio's beta is 1.050.
Portfolio betaFirst step
Weight of stock A=50,000/200,000=0.25
Weight of stock B=50,000/200,000=0.25
Weight of stock C=50,000/200,000=0.25
Weight of stock D=50,000/200,000=0.25
Second step
Portfolio beta=Weight ×beta
Stock A =1.20×0.25=0.3
Stock B= 0.80×0.25=0.2
Stock C 1.00×0.25 =0.25
Stock D 1.20×0.25=0.3
Total 1.050
Inconclusion the portfolio's beta is 1.050.
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As a member of the
organization, you'll have two goals: build
your real-world business skills and develop your problem-solving abilities.
w
National Honor Society
Kiwanis Key Club
DECA
Business Professionals of America
As a member of the Business Professionals of America organization, you'll have two goals: build your real-world business skills and develop your problem-solving abilities.
What is a Social Club?This refers to the gathering of like minds with the aim of achieving the same goal.
Hence, we can infer that the Business Professionals of America is a social club organization that trains its members to have two core goals: build their real-world business skills and develop your problem-solving abilities
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How can companies increase return on common stockholders’ equity without increasing revenue?
A) By purchasing more inventory
B) By increasing preferred dividends
C) By issuing more common stock
D) By reducing expenses
Question 5 of 10
What is division of labor?
O A. Another name for specialization, this is when an individual
focuses on one specific skill in the field.
B. This is when an organization is able to produce goods at a lower
cost and sell for a lower cost to make a profit.
C. This is when an individual focuses on many different skills and
aspects of a business.
D. This is when an organization can produce goods more cost
effectively when it produces higher volumes of that good.
D
Answer:
A.
Explanation:
Another name for specialization, this is when an individual focuses
on one specific skill in the field.
Answer:
A
Explanation:
Because another name for specialization makes more sense
Find the definitions of the following words or expressions in terms of business.
1-Private sector
2-Sole proprietorship
3-Legal difference
4-Business activities
5-Partnership
6-Group of individuals
7-Businesses
8-Corporation
9-Incorporated business
10-individual
11-Owners
12-Unincorporated business
13-Company or firm
14-Legal person
15-Separation of ownership and Control
16-Corporation
17-Take over
18-Private company
19-Liquidation
20-management
21-Public company
Answer:
2
Explanation:
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which is the best definition of the purpose of a business?
Answer:
The purpose of a business is to offer value (through products and/or services) to customers, who pay for the value with cash or equivalents.
It could also mean that people who create businesses want to sell their products to make money.
Explain five reasons that may cause a company to redeem its own shares
On July 1 Plum Company paid $7,500 cash for management services to be performed over a two-year period. On July 1, Plum should record:
Based on the cost of the management service, Plum Company on July 1 should record A debit to a prepaid expense and a credit to cash for $7,500.
What should Plum record?The entire amount of $7,500 is being paid for a service that has not yet happened so they will go to the Prepaid expense account. As this is an expense, it is debited when it is increased.
Cash should then be credited by the same amount to show that it is reducing.
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Discuss ways a regional bank could effectively use the Internet to recruit Dank
tellers.
Recruitment using job portals and career websites is a frequent approach for businesses to find new employees. The bank's HR department can use these websites to publish its job openings and qualifying requirements. Nowadays, social media is also commonly utilized for job postings. Blogs and e-videos may also be used to recruit new staff for a company.
You’ve just read the article about Macy’s and Nordstrom’s. Why do you think companies like Macy's have to move to an Omnichannel strategy for selling their products?
The companies like Macy have to move to an Omnichannel strategy for selling their products because in Omnichannel strategy, products are sold through several distribution channels.
What is a distribution channels?Distribution channel serves as the means by which companies make their products to be available to final consumer.
This channels encompass retailers as well as wholesaler, and in In omni channel, all the distribution channels are linked to each other.
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Which expression is equivalent to 4(f+6)?
Hey there!
4(f + 6)
DISTRIBUTE 4 WITHIN the PARENTHESES
= 4(1f + 6)
= 4(1f) + 4(6)
= 4(f) + 4(6)
= 4f + 24
Therefore, your answer is: 4f + 24
Good luck on your assignment & enjoy your day!
~Amphitrite1040:)
