Answer:
$47
Explanation:
JJ Enterprises
Interest $277
long-term debt i$5,010,
long-term debt of $4,780,
Therefore;
CFC = $277 −($5,010 −4,780)
CFC = $47
Thus the cash flow to creditors for the year is $47
Im not sure what you mean by that? be specific please and i will be sure to help ;)
Answer:
addresses when and how revenue should be recognized in contracts that provide both goods and service to customers.
Explanation:
ASC 606 is a new standard that provides guidance on revenue recognition to the companies that provide goods and services to its customers. This standard is for both public and private entities. Earlier there were some variations in the revenue recognition process across different companies. The new standard has now simplified standardization in financial reporting.
Answer:
The answer is given below;
Explanation:
Retained Earnings (125,000*2%) Dr.$2,500
Dividend payable Cr.$2,500
Retained Earnings (62,000*.25) Dr.$15,500
Dividend Payable Cr.$15,500
D and E are be the correct answers
