Answers
Trend analysis is defined by the trend percentage, which is calculated by dividing the analysis period amount by the base period amount and multiplying the result by 100.
How to calculate the base year?In the trend analysis, a type of horizontal analysis, the trend of a given item through time is computed, and the result is expressed as the trend %. Please look at the math below to get the percentage change.Rate of change = (New value - old value)...Depending on the movement or trend a corporation is looking for, the analysis is useful in evaluating whether an item is increasing or declining as time goes on.The trend % of sales for the current year over sales for the prior year is used as the base in this activity. To ascertain the business's orientation, it shows the trend or percentage change between any two years as compared to the base year.To learn more about base year refer to:
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Related Questions
John Rawls owns and operates Philosophical Consulting, Inc. During 2019 and 2020 he made the following purchases of assets for use in the business:
Asset Date of Purchase Cost
Office Furniture 5/1/2019 $100,000
Computer System 9/15/2020 $500,000
In addition, his business income before any cost recovery deduction in 2020 is $350,000. Prior to 2020, he only used regular MACRS depreciation for all purchases. However, at the beginning of 2020 he decides to take the maximum deduction possible for all new purchases. Ignore any excess business or net operating loss limitations.
Required: What is the 2020 cost recovery deduction for Philosophical Consulting, Inc?
Answers
Answer:
The right solution is "600000".
Explanation:
The given values are:
Cost of office furniture,
= $100,000
Cost of the computer system,
= $500,000
The changed MACRS enables a company to reduce the mortgage balance of such deteriorating properties over time.Throughout the very first years, MACRS permits quicker depreciation although subsequently slows down depriving. This seems to be fantastic for corporations from a tax point of view.Now,
The cost recovery deduction will be:
= \(Office \ furniture+Computer \ system\)
On substituting the values, we get
= \(100000+500000\)
= \(600000\)
Bobby bought 550 shares of stock at $61.25 per share. His broker charges 4% commission for round lots and 5% for odd lots. Calculate the total cost of the stock purchase.
Answers
Answer:
The total cost of the stock purchase was $ 35,371.87.
Explanation:
Since Bobby bought 550 shares of stock at $ 61.25 per share, and his broker charges 4% commission for round lots and 5% for odd lots, to calculate the total cost of the stock purchase the following calculation must be performed:
Odd lot = less than 100 shares, or sum not divisible by 100
550 = odd lot
(550 x 61.25) x 0.05 = X
33,687.5 x 0.05 = X
1,684.375 = X
33,687.5 + 1,684,375 = 35,371,875
Therefore, the total cost of the stock purchase was $ 35,371.87.
What is most likely to happen as a result of specialization?
Output per worker will increase
O Competition for resources will rise
O Machines will take everyone's jobs
O Individual workers' wages will decrease
Answers
Answer:
Output per worker will increase
Explanation:
Specialization means work is subdivided into smaller tasks. Each individual is assigned the task which suits them the most. In specialization, the individual focus on the assigned tasks only. They do the same job every day for a prolonged time.
By concentrating on a specific task, an employee becomes an expert on that job. Their efficiency increases, which results in an overall higher productivity per worker.
Which of the following are pre-award considerations that impact post-award subcontracting compliance management?
Answers
The options that are pre-award considerations that impact post-award subcontracting compliance management are:
1)Will advance notification and consent to subcontract be required?
3)Will the contract be set aside for one of the small business socioeconomic categories?
4)Will the contract include government property?
Why is subcontract management important?Subcontract management, when correctly implemented, encourages uniformity in the administration of subcontracts across functions, reduces risk to the business and contract, and can boost profitability.
The process of hiring and supervising subcontractors on behalf of a customer is known as subcontractor management. General contractors are accountable for this in construction.
Respect for the standards and guidelines established in a contract is referred to as contract compliance. This frequently entails periodic inspections of an existing contract to look for deviations and assess compliance with compliance rules and standards.
Therefore, The process of making sure people and operations at all levels of the business abide by rules, regulations, and specifications is known as compliance management. Governments, industry groups, regulatory agencies, and employee unions are just a few of the many organizations that set requirements.
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See full question below
Which the following are pre-award considerations that impact post-award subcontracting compliance management?) (Select three that apply)
1)Will advance notification and consent to subcontract be required?
2) Will the prime contractor be required to attend the post-award orientation conference?
3)Will the contract be set aside for one of the small business socioeconomic categories?
4)Will the contract include government property?
On the 24th, a shooting incident occurred at a high school in St. Louis, Missouri, my country. A 19-year-old gunman opened fire on the campus, causing 2 deaths and 7 injuries, and was eventually shot dead by the police.
On October 25, St. Louis Mayor Tishaura Jones said that gun violence continues to take the lives of children and children in our country, and its severity is enough to become a "national emergency" and the government should take action. Police said at a news conference that day that the gunman was Orlando Harris, a 19-year-old male who just graduated from the high school last year.
Answers
The deaths at the high school in St. Louis, Missouri, United States show that an argument can indeed be made for tighter gun controls in the country.
Should there be tighter gun controls in the United States?The most recent tragedy that resulted from gun violence in the United States, was the killing of two people at the Central Visual and Performing Arts High School, St. Louis, Missouri, by a previous student of the school.
Over the years, there have been other instances of gun violence in American schools including the shooting at Uvalde, Texas that led to the deaths of 19 children.
The United States has the highest rates of gun ownership in the entire world as well as one of the highest rates for mass shooting. This means that there must be a correlation between the two. Nations that have tighter gun controls have lower rates of mass shooting.
There is therefore a good enough argument that the United States should introduce stricter and tighter gun controls in order to reduce the incidence of mass shootings, especially at schools.
The rest of the question is:
Does this shooting add more evidence for the argument for tighter gun control or less?
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efforts to protect the consumer cover a wide range of areas but the text focuses on three: product, politics and promotions. True or False ?
Answers
Efforts to protect the consumer cover a wide range of areas but the text focuses on three: product, politics and promotions. given statement are True.
What is 'Product' ?
The object being sold is referred to as a product. A service or an object both qualify as products. It might take on a physical, virtual, or cyber form. Every product has a cost associated with it, and each one has a price. The market, the quality, the marketing, and the group that is being targeted all affect the price that may be charged.
What do you mean of politics?
Politics is the set of activities that are associated with making decisions in groups, or other forms of power relations among individuals, such as the distribution of resources or status.
What do we mean by promotion?
The term "promotion" covers a wide range of activities designed to increase public awareness or promote a product. Promotion in the context of a career is raising a worker's position or rank within a hierarchical structure.
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Brandon Oil Company recently purchased oil and natural gas reserves in a remote part of Alaska for $800,000. Brandon spent $10,000,000 preparing the oil for extraction from the ground. Brandon estimates that 120,000,000 barrels of oil will be extracted from the ground. The land has a residual value of $20,000. During 2019, 14,990,000 barrels are extracted from the ground. Required: Calculate the amount of depletion taken in 2019. (Note: In your calculations, round depletion per barrel to two decimal places.)
Answers
Answer: $1,349,100
Explanation:
The depletion per barrel will be calculated as:
= (Total cost of reserve - Residual value) / Estimated barrels of oil
Total cost of reserve will be:
= $800,000 + $10,000,000
= $10,800,000
Then, the depletion per barrel will be:
= ($10,800,000 - $20000) / 120,000,000
= $10,780,000 / 120,000,000
= $0.09 per barrel
Depletion for 2019 will be:
= Depletion per barrel × barrels extracted
= $0.09 × 14,990,000 barrels
= $1,349,100
Nancy's Notions pays a delivery firm to distribute its products in the metro area. Delivery costs are $32,000 per year. Nancy can buy a used truck for $13,000 that will be adequate for the next 3 years. Operating and maintenance costs are estimated to be $21,000 per year. At the end of 3 years, the used truck will have an estimated salvage value of $2,000. Nancy's MARR is 34%/year.
a. What is this investment's internal rate of return? IRR = J% Do all calculations to 5 decimal places and round final answer to the whole number. The tolerance is +/- 1.
b. What is the decision rule for judging the attractiveness of investments based on internal rate of return?
c. Should Nancy buy the truck?
Answers
Answer:
a. Internal Rate of Return
Annual Cash Inflows = (Net Savings - Depreciation) * ( 1 - Tax Rate) + (Depreciation * Tax Rate)
Net savings = Delivery Costs - Operating and Maintenance Costs with the Used Truck
= 32,000 - 21,000
= $11,000
Depreciation = (Cost of used truck - Salvage value) / Useful life
= (13,000 - 2,000) / 3
= $3,667
Annual Cash inflows = $7,000 as there are no taxes.
Use Excel to calculate IRR as shown in the attachment.
The cost of the truck is the outflow and the savings and the salvage value are inflows which means that the last inflow will be $13,000 because salvage value is added in the last year.
IRR = 69.408%
b. If the IRR is greater than the cost of capital or required rate of return, the project should be chosen.
c. The IRR of 69.408% is greater than the MARR of 34% so Nancy should buy the truck.
1. What is the name of the man behind black history month?
I need a answers plz
Answers
Answer:
Carter G. Woodson
Explanation:
Woodson. Carter G. Woodson was a scholar whose dedication to celebrating the historic contributions of Black people led to the establishment of Black History Month, marked every February since 1976.
The three legal forms of business ownership are _____.
Answers
Answer:
sole proprietorship, partnership, and corporation,
Explanation:
During 2021, Stork Associates paid $55,800 for a 20-seat skybox at Veterans Stadium for eight professional football games. Regular seats to these games range from $55 to $165 each. At one game, an employee of Stork entertained 18 clients. Stork furnished food and beverages for the event (provided by a local restaurant) at a cost of $3,400. The game was preceded by a bona fide business discussion, and all expenses are adequately substantiated. How much may Stork deduct for this event
Answers
Based on the information given if all the expenses are adequately substantiated. The amount that Stork can deduct for this event is $3,350.
Stock deduction
Costs of seats $3,300
($165x20)
Food and beverage $3,400
Total Entertainment expense $6,700
($3,300+$3,400)
Less 50% Limitation
Deduction $3,350
($6,700×.50)
Inconclusion the amount that Stork can deduct for this event is $3,350.
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purchase goods worth rs 20000 from Shyam on credit and paid 50% in cash
Answers
Answer:
Purchases a/c dr 20000
To cash a/c 15000
To Ram's a/c 5000
What is the collection of direct, non-advertising messages a company presents to the public about itself, its brand, and its products? A. Sales promotions B. Market research C. Direct marketing D. Public relations Please select the best answer from the choices provided A B C D
Answers
Answer:
Is a D. Public relations
I WILL GIVE BRAIN
After seviewing the technical skills required to perform tasks in the manufacturing industry, do you think these skills are
more or less important than the interpersonal skills we discussed in previous units?
Answers
Yeager Company pays John Kerr a salary as an employee and also fees for work he does as an independent contractor. Does this violate IRS rules? Why or why not?
Answers
yes
its either / or
depends on whether the person is really a regular worker or a freelancer in the eyes of the company
regular worker's taxes from pay is responsibility of the employee AND employer
freelancer's taxes from pay is the responsibility of the employee ONLY
so the company has to decide whether the person is a regular worker OR an independent contractor
employee & contractor employment rights are different too
___ social classes do not tend to be among Whole Foods customers because of the higher prices for products.
a. lower
b. Middle
c. Upper
d. Capitalist
Answers
Answer:
A
Explanation:
Lower class can not usually afford store like this. Hence why they are called lower class
Sameen and Harold are graphic designers. Samantha, their manager, has asked them to design posters for an Artificial Intelligence (AI) project. The posters will be displayed at a trade show in New York. Sameen and Harold have strong points of view regarding design. Sameen prefers a realistic design in which components represent their real-life counterparts. Harold, on the other hand, favors a flat or minimalist design approach that is modern, trendy, and colorful. While working on the posters, this conflict in design approach is creating tensions between them. Sameen and Harold need to find a way to resolve this conflict and come up with a design that fulfils project requirements. What should they do?
Select one:
A.
They should decide to opt for one design approach for the posters and let go of the other.
B.
They should identify elements from both design approaches that are compatible and can be combined to create posters that are suitable for the project.
C.
They should reach out to Samantha individually and try to convince her to opt for their design approaches.
D.
They should reach out to Samantha and request her to assign other designers to the project to complete the work.
Answers
In order to have the design that would fulfil the project requirement, they should should identify elements from both design approaches that are compatible and can be combined to create posters that are suitable for the project. Option B
What is a realistic design?Making things appear to be composed of something else is referred to as skeuomorphism (or realism). purposefully creating digitally-based products that closely mimic the "real thing"
To be able to cope with situations practically and to view things as they truly are. an intelligent, practical attitude or person. attempting to have a realistic assessment of their prospects of achievement. 3.: grounded in reality rather than on hopes or desires: neither irrational nor idealistic.
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The more productive a company can be, the greater its return on that investment and the higher the profit.
True
False
Answers
Answer: true
Explanation:
You just bought a rent house in Fayetteville, AR, for $100,000, with $20,000 down and the balance in the form of a 15-year amortization mortgage at a fixed rate of 5.0% and monthly payments. Your principal, interest, property tax, and insurance, plus all costs of maintaining the property, are covered by your rent. a) How much are your monthly mortgage payments? b) The University grows, and prices appreciate at the rate of 6% per year, what will the value of the house be in 6 years? What will the outstanding principal of the debt be (assume no extra payments)? What will the value of the equity be? c) Using CAGR, what is your rate of return on your equity? Why is it so high compared to housing market price appreciation? d) At this CAGR rate, how long will it take to double your money? e) What shape of yield curve is often (but not always) followed by an economic downturn and stock market correction/crash?
Answers
Answer:
Please find the attached file for the complete solution:
Explanation:
The 15-year average return for the S&P 500 from January 1973 to December 2016 (29 separate 15 year periods) was as high as a 20% average annual return and as low as a 3.7% average annual return. Additionally, the average dividend yield for the S&P is 4.11% and the average annual dividend growth rate is 6.11%.
Using this information, please compare the investment in the 5% 15-year corporate bond with a $100,000 investment in a stock with a 3.7% dividend yield (10 percent less than the S&P 500 average yield) and a 3% dividend growth rate (50 percent of the S&P 500 dividend growth rate).
The annual investment returns are as follows:
Year 1 (13.40%) Year 2 (23.37%) Year 3 26.38% Year 4 8.99%
Year 5 3.00% Year 6 13.62% Year 7 3.53% Year 8 (38.49%)
Year 9 23.45% Year 10 12.78% Year 11 0.00 Year 12 13.41%
Year 13 29.60% Year 14 11.39% Year 15 (0.73%)
The bond interest payment of 5 percent is paid annually and not reinvested. To compare accurately with the bond investment, the stock dividend will not be reinvested, but paid annually as well.
Please calculate the value of the stock account at the end of each year and the dividend income from the stock on an annual basis.
Once you have performed the calculations, please let me know if you prefer to invest in a 5% corporate bond for 15 years or the stock and why.
What is the value of the stock after year 2? Year 8? Year 11? When does the annual dividend income of the stock exceed the annual interest income of the bond?
Answers
1. The value of the stock account after Year 2 is $155,401.626.
2. The value of the stock account after Year 8 is $96,110.0674.
3. The value of the stock account after Year 11 is $96,110.0674.
4. The annual dividend income of the stock exceeds the annual interest income of the bond at the end of Year 15.
Bond interest rate: 5%
Stock dividend yield: 3.7% (10% less than S&P 500 average yield)
Stock dividend growth rate: 3% (50% of S&P 500 dividend growth rate)
We'll assume an initial investment of $100,000.
Year 1:
Bond interest income: $100,000 * 0.05 = $5,000
Stock dividend income: $100,000 * 0.037 = $3,700
Value of stock account: $100,000 + ($100,000 * 0.2337) = $123,370
1. Year 2:
Bond interest income: $100,000 * 0.05 = $5,000
Stock dividend income: $100,000 * 0.037 = $3,700
Value of stock account: $123,370 + ($123,370 * 0.2638) = $155,401.626
2. Year 8:
Bond interest income: $100,000 * 0.05 = $5,000
Stock dividend income: $100,000 * 0.037 = $3,700
Value of stock account: $155,401.626 + ($155,401.626 * (-0.3849)) = $96,110.0674
3. Year 11:
Bond interest income: $100,000 * 0.05 = $5,000
Stock dividend income: $100,000 * 0.037 = $3,700
Value of stock account: $96,110.0674 + ($96,110.0674 * 0) = $96,110.0674
4. At the end of Year 15, the dividend income of the stock exceeds the interest income of the bond.
Stock dividend income: $100,000 * 0.037 = $3,700
Bond interest income: $100,000 * 0.05 = $5,000
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4. To be effective, goals should follow the SMART framework. Explain what this means. (2) 5. Assume that you are Greg Solomon. You wish to set a goal regarding selling a healthy/healthier food dish for McDonald's. Describe the steps in the planning process to achieve this goal. Set the goal using SMART criteria. Make up your own details. (6)
Answers
Specific, measurable, attainable, pertinent, and time-bound are all components of the acronym SMART. • Detailed - The objective explains what will be done in detail so that anybody reading it may comprehend it. who will perform it, etc. Measurable objectives specify how the action will be evaluated.
How well do your goals follow the SMART methodology?The tried-and-true SMART approach can help you plan and reach your goals. There are numerous interpretations of the acronym, but the most prevalent one is that it indicates that goals should be SMARRT (Specific, Measurable, Achievable, Relevant, and Time-bound).
How can someone set and achieve objectives with the help of the SMART goal-setting method?With SMART goals, you increase your chances of success by making objectives specific, measurable, achievable, reasonable, and timely. You are motivated to take on more, given a sense of purpose, and assisted in planning and completing your goals by the SMART method.
If you choose to set one for yourself, think about using the SMART phases to assist you in achieving it:
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Alexander Rees is concerned about appearing knowledgeable in exporting. What are
some of the factors he mentions in the project letter?
A-Finding good coffee
B-Developing a reliable source for twizzle sticks
C-Travel costs
D-Cultural Differences and exchange rates
Answers
Alexander Rees is concerned about appearing knowledgeable in exporting. The some of the factors he mentions in the project letter are
Travel costs
Cultural Differences and exchange rates
Thus option (C) and (D) are correct.
What is a cost?The cost is the expenditure or spending required or incurred to create and sell products and services, or to acquire assets.
When a product is sold or consumed, a cost is charged to expense. In the case of a buying of an asset, the charge to expense could be significantly deferred. The cost concept underlies the transition of assets from the balance sheet to expenses in the income statement.
Alexander Rees is concerned about appearing knowledgeable in exporting. Travel costs and Cultural Differences and exchange are some of the factors he mentions in the project letter.
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What basic economic question is addressed in the press release?
Answers
Answer:
for whom to produce
Explanation:
for whom to produce
Admiration of various qualities such as honesty, comfort, respect, teamwork, spirituality, and status can influence career choices. These qualities are examples of
values.
experience.
background.
abilities.
Answers
Answer:
The answer is "values".
Explanation:
Admiration was its form of faith or love. Its expression throughout the faces of the pair of lovers is also an indication of admiration. The knowledge of different attributes including honesty, security, loyalty, collaboration, faith, and rank can influence career opportunities. These attributes show the principles.
Answer:
A
Explanation:
Ethics
AP6-5 Horizon Corporation manufactures personal computers. The company began operations in 2012 and reported
profits for the years 2012 through 2019. Due primarily to increased competition and price slashing in the industry,
2020's income statement reported a loss of $20 million. Just before the end of the 2021 fiscal year, a memo from the
company's chief financial officer (CFO) to Jim Fielding, the company controller, included the following comments:
If we don't do something about the large amount of unsold computers already manufactured, our auditors will require us to
record a write down. The resulting loss for 2021 will cause a violation of our debt covenants and force the company into
bankruptcy. I suggest that you ship half of our inventory to J.B. Sales, Inc., in Oklahoma City. I know the company's
president, and he will accept the inventory and acknowledge the shipment as a purchase. We can record the sale in 2021
which will boost our loss to a profit. Then J.B. Sales will simply return the inventory in 2022 after the financial statements
have been issued
Required:
1. Understand the reporting effect: What is the effect on income before taxes of the sales transaction requested by the
CFO?
2. Specify the options: If Jim does not record the sales transaction requested by the CFO, what is the effect on total
assets and income before taxes of the inventory write-down?
3. Identify the impact: Are investors and creditors potentially harmed by the CFO's suggestion?
4. Make a decision: Should Jim follow the CFO's suggestion?
Answers
Based on the effects of what the CFO suggests, the effect on the income before taxes will be an increase.
If Jim does not do what the CFO requests of him, the total assets will increase and the income before taxes will decrease.
The investors and the creditors will be harmed by the CFO's suggestion.
As regards what he should do, Jim should not follow the CFO's suggestion.
What are the effects of the CFO's suggestion?If Jim does what the CFO suggests then income will increase on account of the fake sales increasing the revenue the company gets.
If Jim refuses to do what the CFO suggests, then the computers will remain in inventory which will increase assets as inventory is an asset. Income will however decrease because sales will be less.
Jim should not do what the CFO suggests because it would harm investors who would remain invested in a loss making company that could implode anytime. Same goes for the creditors.
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What types of regulations apply to all businesses, regardless of industry?
A. Personnel regulations
ОО
B. Regulations related to clean water laws
C. Regulations related to clean air laws
D. Caveat emptor regulations
Answers
In the all businesses, regardless of industry the type of regulation apply is personnel regulations. Personnel regulation specify how individuals are to be treated and their responsibilities. The correct option is (A).
What do you mean by business?
An innovative company or group that engages in professional activities is referred to as a business.
They could be industrial, commercial, or something else. Businesses that are for profit operate to make a profit, whereas those that are nonprofit do so to further a philanthropic cause.
In the event that a firm accrues debt, creditors may seize the owner's personal property. Corporate tax rates are not permitted in a firm structure. All business income is subject to personal taxation for the proprietor.
Therefore, in the all businesses, regardless of industry the type of regulation apply is personnel regulations. Personnel regulation specify how individuals are to be treated and their responsibilities.
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Answer: Personnel regulations
A
Explanation: Just took the test
A firm has an average total cost of $50. If it sells 20 units of its product at $80 each, what is its profit?
Answers
DESCRIBE THE FUNCTIONS OF
PRELIMINARY DATA GATHERING?
Answers
Preliminary data gathering involves collecting and analyzing relevant information to establish a foundation for research or decision-making, including identifying objectives, assessing data availability, etc.
What are the Functions of Preliminary Data Gathering?Preliminary data gathering encompasses the initial acquisition and evaluation of pertinent information, serving as a basis for research or decision-making. It aids in defining project scope, goals, and needs, while also assessing data availability and quality.
This stage assists researchers and decision-makers in gaining insights, assessing project feasibility, recognizing potential obstacles, and formulating a strategic plan for subsequent data collection and analysis.
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Frank is worried about identity theft. He does not like to give access to his checking account to anyone but the bank.
What is the best option for him to pay his bills?
O Frank should telephone in his payment to the company.
Frank should pay his bill online.
Frank should set up automatic withdrawals for the company he is paying.
O Frank should mail a check to the company.
Answers
Answer:
Frank should mail a check to the company.
Explanation:
Got it right on Edge!
Frank should mail a check to the company.
What is a mail?A system for physically delivering postcards, letters, and packages is known as the mail or post. The term "mail" in American English often refers to the government service that collects and delivers letters and packages. Anything that is sent to your mail box or post office box is considered mail, including letters, bills, packages, periodicals, and other items sent by the postal service. The equivalent of mail on the internet is email.
In addition to conveying mail, postal authorities frequently perform other duties. In some nations, a postal, telegraph, and telephone (PTT) service also manages the telephone and telegraph networks in addition to the postal system.
What is a company?A group of people can get together to form a company, which is a legal body used to conduct and manage commercial or industrial business operations. Either public or private companies can exist; the former distributes equity to shareholders on a stock exchange, whereas the latter is privately held and unregulated. Companies have a significant role in the health of an economy by providing jobs and luring in disposable income to fuel expansion. The business lines of an organization rely on its structure, which can be a company, a partnership, or even a sole proprietorship. A company can engage into contracts, sue (or be sued), borrow money, pay taxes, own property, and employ people, among other legal rights and obligations, just like an individual can.
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a business receives 5000 for rent and deposits this amount into its bank account. how will this transaction be recorded?
Answers
Answer:
Dr bank 5,000
Cr rent revenue 5,000
Deposit
Explanation:
It is noteworthy that the rent received is rent revenue not rent expense , going by the fact that the giving account should be credited while the receiving account is debited, the bank account being the receiving account since cash was received from the rent account would be debited while the rent revenue account would be credited as the giving account.
In another way, rent account is a revenue account, an increase in revenue should be credited while the bank account being an asset account an increase in the asset should be debited.