Ellie’s car depreciates by 7% per year. the car is valued at $21000. what is the value after 4 years? using the straight line method

Q: Walt Bach Company has accumulated the following budget data for the year 2019. Sales: 40000 units, ...

A: The budgeted income statement shows all the budgeted revenues and expenses for the period for which ...

Q: What prevents you from deleting the record of the vendor list? This from quitbooks.

A: Quick books has  system of accounting control  where in all users do not have access to updating mas...

Q: MC issued $5million of 20-year, 9.5 percent bonds on July 1, 2018, at 98. Interest is due on June 30...

A: Journal entry: Journal entry is book of original entry used to record the economic event and transac...

Q: Walmart acquired 80% of Sam's Club on 1/1/16. During 2016, Walmart made many inventory sells to Sam'...

A: In case, the sale is done by the holding company to the subsidiary company it is known as downstream...

Q: Leinart Company had taxable wages (SUTA and FUTA) totaling $175,000. During the year, the company wa...

A: Calculate gross FUTA tax:

Q: Estimating Costs in an Uncertain Environment  Many companies face increasingly unpredictable costs a...

A: When the business is facing uncertain business enviornment, the factors be it revenue or expenditure...

Q: The December bank statement and cash T-account for Stewart Company follow:   BANK STATEMENT D...

A: An outstanding deposit is a company's receipts which have been recorded by the company, but the amou...

Q: The following information was drawn from the Year 5 balance sheets of two companies:  Company Ass...

A: Return on equity ratio:  Rate of return on equity ratio is used to determine the relationship betwee...

Q: Hills Company’s June 30 bank statement and the June ledger account for cash are summarized here:   ...

A: Calculate the cash balance (after reconciliation) of Hills  Company at the end of the June 30.