MYLAB EXCELLENCE IN BUSSI COMM ETEXT
12th Edition
ISBN: 9780135854907
Author: BOVEE
Publisher: PEARSON
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Chapter 14, Problem 13LOC
Summary Introduction
To determine: The format used to prepare charts and table for a presentation.
Introduction: Charts and tables form the visual element of a presentation and are vital as they give the viewers a break from the monotonous content. Charts should be included whenever possible and tables should be kept crisp and to the point.
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Students have asked these similar questions
Transactions and T Accounts
The following selected transactions were completed during July of the current year:
1. Billed customers for fees earned, $112,700.
2. Purchased supplies on account, $4,500.
3. Received cash from customers on account, $88,220.
4. Paid creditors on account, $3,100.
a. Journalize these transactions in a two-column journal, using the appropriate number to identify the transactions. Journal entry explanations may be
omitted. If an amount box does not require an entry, leave it blank.
(1) Accounts Receivable
Fees Earned
(2) Supplies
Accounts Payable
(3) Cash
Accounts Receivable
(4) Accounts Payable
Cash
9-15
Isabel, a calendar-year taxpayer, uses the cash method of accounting for her sole proprietorship. In late December she received a $20,000 bill from her accountant for consulting services related to her small business. Isabel can pay the $20,000 bill anytime before January 30 of next year without penalty. Assume her marginal tax rate is 37 percent this year and next year, and that she can earn an after-tax rate of return of 12 percent on her investments.
a. What is the after-tax cost if Isabel pays the $20,000 bill in December?
b. What is the after-tax cost if Isabel pays the $20,000 bill in January? Use Exhibit 3.1. (Round your answer to the nearest whole dollar amount.)
c. Based on requirements a and b, should Isabel pay the $20,000 bill in December or January?
multiple choice
December
January
Chapter 14 Solutions
MYLAB EXCELLENCE IN BUSSI COMM ETEXT
Ch. 14 - Prob. 1CACh. 14 - Prob. 2CACh. 14 - Prob. 1LOCCh. 14 - Prob. 2LOCCh. 14 - Prob. 3LOCCh. 14 - Prob. 4LOCCh. 14 - Prob. 5LOCCh. 14 - Prob. 6LOCCh. 14 - Prob. 7LOCCh. 14 - Prob. 8LOC
Ch. 14 - Prob. 9LOCCh. 14 - Prob. 10LOCCh. 14 - Prob. 11LOCCh. 14 - Prob. 12LOCCh. 14 - Prob. 13LOCCh. 14 - Prob. 14LOCCh. 14 - Prob. 15LOCCh. 14 - Prob. 16LOCCh. 14 - Prob. 17LOCCh. 14 - Prob. 18LOCCh. 14 - Prob. 19LOCCh. 14 - Prob. 20LOCCh. 14 - Prob. 21LOCCh. 14 - Prob. 22LOCCh. 14 - Prob. 23LOCCh. 14 - Prob. 24LOCCh. 14 - Prob. 14.1AYKCh. 14 - Prob. 14.2AYKCh. 14 - Prob. 14.3.3AYKCh. 14 - Prob. 14.4.4AYKCh. 14 - Prob. 14.5PYSMFACh. 14 - Prob. 14.6PYSMFACh. 14 - Prob. 14.7ECh. 14 - Prob. 14.8ECh. 14 - Prob. 14.9ECh. 14 - Prob. 14.12ECh. 14 - Prob. 1EYSCTPCh. 14 - Prob. 1SYCKO
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